National Economies under Globalization: A Quest for New Development Strategies

Akira Kohsaka

Chapter 4 in New Development Strategies, 2004, pp 63-84 from Palgrave Macmillan

Abstract: Abstract Since the late 1980s the pace of economic globalization has accelerated. International trade has grown twice as fast as world GDP, and international capital flows have increased the speed of this expansion. Although the Asian economic crisis put a brake on the phenomenon, when we look at the recovery process, we find that globalization has not slowed, let alone reversed.

Keywords: Foreign Direct Investment; Host Country; International Monetary Fund; National Government; National Economy (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52360-9_4

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DOI: 10.1057/9780230523609_4

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