Globalization and Trade: A Symposium

Sven Arndt ()
Additional contact information
Sven Arndt: Lowe Institute of Political Economy, Claremont McKenna College

No 9702, Working Papers from Lowe Institute of Political Economy

Abstract: The world economy has become more open and integrated in recent years. Countries are more engaged in international trade and the importance of tradables relative to non-tradables in national output is rising everywhere. Capital flows more freely among countries and workers cross borders more readily than ever before. These are some of the changes people have in mind when they talk about the 'internalisation' or 'globalisation' of the world economy. While the general trend toward greater openness is widely acknowledged, there is disagreement on the extent and novelty of these developments. There is also disagreement on whether all this is on balance good or bad - for the world economy and for individual countries and their citizens. In order to explore these issues, the Lowe Institute of Political Economy and the Graduate Institute of International Studies convened a two-day workshop of experts in Claremont in late January 1997. The objective was to assess globalisation in terms of its causes, dimension, and major attributes, and to examine its implications for economic theory, economic measurement, and economic policy. The deliberations of the workshop are summarised in the following pages.

Keywords: globalization; regionalism; trade policy (search for similar items in EconPapers)
JEL-codes: D51 F11 F13 (search for similar items in EconPapers)
Pages: 13 pages
Date: 1997
References: Add references at CitEc
Citations:

Published in The World Economy, v.20 no.5 August 1997, pages 695-707.

Downloads: (external link)
http://lowe.claremontmckenna.edu/pdf/WP97-02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:loi:wpaper:9702

Access Statistics for this paper

More papers in Working Papers from Lowe Institute of Political Economy Contact information at EDIRC.
Bibliographic data for series maintained by Alex Huemer ( this e-mail address is bad, please contact ).