Introduction and Overview

Holger Görg, David Greenaway and Richard Kneller

Chapter 1 in Globalisation and Productivity Growth, 2005, pp 1-5 from Palgrave Macmillan

Abstract: Abstract It is widely acknowledged that over the last 30 years or so we have experienced a dramatic increase in the globalisation of economic activity. International trade, cross-border investment, portfolio capital flows and migration have all increased. As a consequence economies have become more open and more interdependent. Because economies have become more ‘joined-up’, national welfare has become more sensitive to events and developments beyond national frontiers, which is one of the reasons why globalisation has become a controversial issue. There is widespread acknowledgement that, in most circumstances, the longer-run net benefits of globalisation is positive; most discourse centres on the intra-national and international distribution of gains.

Keywords: Foreign Direct Investment; Productivity Growth; Total Factor Productivity; Foreign Firm; Domestic Firm (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52322-7_1

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DOI: 10.1057/9780230523227_1

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