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Chapter 1 in State and Trade, 2017, pp 1-5 from Edward Elgar Publishing

Abstract: The reduction of tariff and non-tariff barriers, improvements in transport and communications and an overall rise in standards of living have produced a unparalleled expansion in trade, a new world division of labour and an integration of heterogeneous cultures. Globalisation at the same time is often blamed for widening inequalities within the nations and for a new world division of labour between the rich countries and the poor that governments and not the market alone have the duty to address.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
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