The Global Economy - Revision history

Paulreed at 00:28, 16 January 2011

2011-01-16T00:28:23Z

← Older revision		Revision as of 18:28, 15 January 2011
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	[[Globalization]]		[[Category:Globalization]]

Paulreed: /* "The more global the world economy becomes the more unequal it becomes on country basis, ie. gdp per capita" */

2011-01-14T18:29:48Z

"The more global the world economy becomes the more unequal it becomes on country basis, ie. gdp per capita"

← Older revision		Revision as of 12:29, 14 January 2011
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	I was interested ~~on acomment~~ that said "The more global the world economy becomes the more unequal it becomes on country basis, ie. gdp per capita"		I was interested in a comment that said "The more global the world economy becomes the more unequal it becomes on country basis, ie. gdp per capita"

	I was thinking whether that was true and came across a paper by Dowick and Delong on Globalisation and convergence supports that assertion http://www.j-bradford-delong.net/econ_articles/Dowrick/GandC.PDF. It goes on further to say that since poorer ecomonies opened up the convergence between GDP per capita between rich and poor countries seems to have increased. I am not sure I understand the reasons why but I can offer some suggestions. In some of these countries		I was thinking whether that was true and came across a paper by Dowick and Delong on Globalisation and convergence supports that assertion http://www.j-bradford-delong.net/econ_articles/Dowrick/GandC.PDF. It goes on further to say that since poorer ecomonies opened up the convergence between GDP per capita between rich and poor countries seems to have increased. I am not sure I understand the reasons why but I can offer some suggestions. In some of these countries

Paulreed: /* Do Individual Countries Matter and how difficult is it to measure Globalisation */

2011-01-14T18:28:34Z

Do Individual Countries Matter and how difficult is it to measure Globalisation

← Older revision		Revision as of 12:28, 14 January 2011
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	So from the economic perspective good measurement is difficult and perhaps less easy to measure than social (e.g internet and social media traffic, migration), etc		So from the economic perspective good measurement is difficult and perhaps less easy to measure than social (e.g internet and social media traffic, migration), etc

			=="The more global the world economy becomes the more unequal it becomes on country basis, ie. gdp per capita"==



			I was interested on acomment that said "The more global the world economy becomes the more unequal it becomes on country basis, ie. gdp per capita"

			I was thinking whether that was true and came across a paper by Dowick and Delong on Globalisation and convergence supports that assertion http://www.j-bradford-delong.net/econ_articles/Dowrick/GandC.PDF. It goes on further to say that since poorer ecomonies opened up the convergence between GDP per capita between rich and poor countries seems to have increased. I am not sure I understand the reasons why but I can offer some suggestions. In some of these countries

			1. They have a history of political instability and military conflict.

			2. The benefits of globalisation have not been shared equally amongst its population

			3. They are high fertility rates and low levels of investment in education and infrastructure.

			4. They are still 'lower down the learning curve' and that their growth rates will accelarate as richer countries level off in the decades to come

			It is also possible that if these countries did not open up the convergence could have been greater still.

			I think it points to the conclusion that relative measurements of the effects of Globalisation being difficult to determine and interpret, but it should not stop us from trying!

	== Is globalization is an economic, social, political or technological phenomenon. Which ones are more important?==		== Is globalization is an economic, social, political or technological phenomenon. Which ones are more important?==

Paulreed at 17:28, 13 January 2011

2011-01-13T17:28:49Z

← Older revision		Revision as of 11:28, 13 January 2011
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	*Read [File:introduction.pdf] Overview to Globalization]		*Read [[File:introduction.pdf]] Overview to Globalization
	*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]		*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]

Paulreed at 17:28, 13 January 2011

2011-01-13T17:28:15Z

← Older revision		Revision as of 11:28, 13 January 2011
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	*Read [File:introduction.pdf Overview to Globalization]		*Read [File:introduction.pdf] Overview to Globalization]
	*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]		*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]

Paulreed at 17:27, 13 January 2011

2011-01-13T17:27:57Z

← Older revision		Revision as of 11:27, 13 January 2011
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	*Read File:introduction.pdf Overview to Globalization		*Read [File:introduction.pdf Overview to Globalization]
	*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]		*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]

Paulreed at 17:27, 13 January 2011

2011-01-13T17:27:35Z

← Older revision		Revision as of 11:27, 13 January 2011
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	*Read ~~[[Overview to Globalization\|~~File:introduction.pdf]]		*Read File:introduction.pdf Overview to Globalization
	*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]		*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]

Paulreed at 17:26, 13 January 2011

2011-01-13T17:26:47Z

← Older revision		Revision as of 11:26, 13 January 2011
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	*Read [[File:introduction.pdf~~\| Overview to Globalization~~]]		*Read [[Overview to Globalization\|File:introduction.pdf]]
	*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]		*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]

Paulreed at 17:26, 13 January 2011

2011-01-13T17:26:15Z

← Older revision		Revision as of 11:26, 13 January 2011
Line 1:		Line 1:
	*Read [[File:introduction.pdf\|Overview to Globalization]]		*Read [[File:introduction.pdf\| Overview to Globalization]]
	*Read [[File:globalrecession.pdf\|Global Recession. How did it happen]]		*Read [[File:globalrecession.pdf\| Global Recession. How did it happen]]

	==Do Individual Countries Matter and how difficult is it to measure Globalisation==		==Do Individual Countries Matter and how difficult is it to measure Globalisation==

Paulreed at 17:25, 13 January 2011

2011-01-13T17:25:54Z

← Older revision		Revision as of 11:25, 13 January 2011
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			*Read [[File:introduction.pdf\|Overview to Globalization]]
	Read [[File:introduction.pdf\|Overview to Globalization]]		*Read [[File:globalrecession.pdf\|Global Recession. How did it happen]]
	Read [[File:globalrecession.pdf\|Global Recession. How did it happen]]

	==Do Individual Countries Matter and how difficult is it to measure Globalisation==		==Do Individual Countries Matter and how difficult is it to measure Globalisation==