Publication
Apr 2000
This article explores ways of identifying causal pathways among the variables of rapid technological change, mushrooming cross-border economic activity and initiatives to liberalize foreign economic policies at various levels. The author argues that international financial integration is essentially an irresistible force that may produce unwelcome consequences. In contrast, he concludes that the multinationalization of production is likely to improve welfare for most countries.
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English (PDF, 65 pages, 250 KB) |
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Author | Geoffrey Garrett |
Series | Leitner Program Working Papers |
Issue | 2 |
Publisher | Leitner Program in International & Comparative Political Economy |
Copyright | © 2000 Leitner Program |