Macroeconomics of Globalized Economies

Kamran Dadkhah ()
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Kamran Dadkhah: Northeastern University

Chapter Chapter 12 in The Evolution of Macroeconomic Theory and Policy, 2009, pp 231-239 from Springer

Abstract: Globalization Globalization is a natural process that has been going on for millennia. The alternative to globalization is the isolation of each country from all others, each state from others, and even isolation of a village from the next. All the way to the twentieth century you could find areas of the world where the inhabitant of one village could not understand the language of people in a nearby village. But there has always been a natural process of interaction and even integration among people and nations.

Keywords: Free Trade; World Trade Organization; European Central Bank; Monetary Union; North American Free Trade Agreement (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-77008-4_12

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DOI: 10.1007/978-3-540-77008-4_12

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