Globalization and its disconnects

Simon Teitel

ICER Working Papers from ICER - International Centre for Economic Research

Abstract: Globalization, defined in economic terms as the phenomenon of increased integration of the world economy, generates strong reactions due to some negative effects of the growth of international trade, the internationalization of industrial production, and unrestricted cross-border capital flows, while the overall mobility of labor remains quite limited. Evidence on the growth of international trade and factor mobility is reviewed and analyzed, and problems affecting developed and developing countries are detected. Policy measures to alleviate some of the dislocations from increased globalization are discussed, and some measures recommended to avoid social and political disruptions.

Keywords: Globalization; international trade; capital flows; labor mobility; technology; intellectual property rights (search for similar items in EconPapers)
JEL-codes: F02 F13 F21 F22 F33 O19 O34 (search for similar items in EconPapers)
Pages: 56 pages
Date: 2001-12
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Journal Article: Globalization and its disconnects (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:icr:wpicer:07-2002

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