World Economy: Challenges of Globalization and Regionalization

Marjan Svetličič and Hans Singer

Chapter 1 in The World Economy, 1996, pp 15-38 from Palgrave Macmillan

Abstract: Abstract There is no doubt that we are living history today. Never before have the changes been so profound, so unpredictable and so fast. Although the collapse of socialism stands out as a landmark of such tectonic changes it is not the only change. On the one hand the gap between developed and less developed parts of the world as a whole is widening but on the other some developing countries are well on the way to narrow the gap. Growth rates in South-East Asia and some Latin American countries have surprised many. They have been continuously high for some years and promise to be so in the next period as well, while Africa is lagging far behind.

Keywords: European Union; Foreign Direct Investment; World Economy; World Trade Organization; Competitive Position (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-1-349-24695-3_1

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