Globalisation as a policy outcome

Article Abstract:

The major economic powers of the Western world have viewed globalization in terms of economic cooperation and interaction, free trade, movement of capital, and economic interdependence. Globalization also separates developed countries from underdeveloped and it further threatens non-Western cultures and identities. Some have suggested that it is a form of colonisation and Westernization that can be traced backed many centuries.

Political aspects, Developing countries, International relations, Industrialized countries, International economic relations, Industrial nations

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Facing up to industrial policy

Article Abstract:

A new consensus supports the view that government intervention should be used to help US industries. This more favorable attitude toward industrial policy is due to the realization that the reality of international competition contradicts traditional noninterventionist economic theory.

Analysis, Industrial policy

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Holy Toledo!

Article Abstract:

Toledo, OH was hit by record unemployment and business closures in the early 1980s as a result of international trade competition. In the 1990s, Toledo regained its prosperity by capitalizing on the opportunities brought about by global free trade.

Free trade, Toledo, Ohio

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