Globalization of Trade and Foreign Investment: Its Implication for Factor Rewards and Economic Development

John-ren Chen and Herbert Stocker

Chapter 6 in Growth and Development in the Global Economy, 2003 from Edward Elgar Publishing

Abstract: What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists. The contributors present a range of unique and varied perspectives from which they consider aspects of the increasing integration of economic life, exploring implications for the functioning of domestic markets in a rapidly changing global economy. The result is a collection of insights that provide a framework for understanding globalization as an economic phenomenon.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2003
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