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The pros and cons of globalization
| Content Provider | Semantic Scholar |
|---|---|
| Author | Samuelson, Paul Anthony |
| Copyright Year | 2006 |
| Abstract | Abstract Analysis suggests that future freer globalized trade will (1) likely benefit both rich and poor regions, (2) probably give measured percentage gains to poor places that exceed those to rich places, (3) possible exacerbate real income inequality between rich and poor, and more certainly (4) bring more lifetime uncertainty along with enlarged material gains. A backlash to freer trade, economic history suggests, will lead to weaker productivity advance, enhanced degree of monopoly, and to aggravated crony-capitalism and plutocratic lobbyist democracy. |
| Starting Page | 592 |
| Ending Page | 594 |
| Page Count | 3 |
| File Format | PDF HTM / HTML |
| DOI | 10.1016/j.japwor.2004.11.006 |
| Volume Number | 18 |
| Alternate Webpage(s) | http://oglethorpe.edu/wp-content/uploads/2017/01/The-Pros-And-Cons-Of-Globalization.pdf |
| Alternate Webpage(s) | https://doi.org/10.1016/j.japwor.2004.11.006 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
