Abstract:
The article analyses further develops the neo-dependency approach already presented in the issue 6 of this journal (Tausch, 2005) and looks at recent time series trends in the structure of international capital penetration, international savings, and the dynamics of "unequal transfer" and their effects on social well-being today. It emerges that the European Center is going to become the main loser in the structural changes that affect the position of Europe in the 21st Century.
Ordering information: This working paper can be ordered from Argentine Center of International Studies, Cafayate 1031, CP: 1408, Buenos Aires, Argentina.