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Jean-Claude Trichet: The governance of globalisation (Central Bank Articles and Speeches)
| Content Provider | Semantic Scholar |
|---|---|
| Author | Trichet, Jean-Claude Monti, Mario |
| Copyright Year | 2008 |
| Abstract | First, globalisation involves the entrance of new participants into the global market-place. On this count, there has been a significant expansion in global productive capacity over the last decades. This has come through the opening up of emerging economies to international trade and production, notably the greater involvement of emerging Asia in world trade, as well as Central and Eastern Europe following the collapse of the Soviet Union. On the basis of one measure, an export-to-GDP weighted labour force, the effective global labour supply quadrupled between 1980 and 2005, with much of the increase having occurred since 1990. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.bis.org/review/r080513a.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |