Globalization and Social Stress
Grzegorz W. Kołodko
Nova Science Publishers, 2005 - Social Science - 268 pages
Globalisation, like no other term, has gained in recent years a prominent position in nearly all branches of social science. Consequently, its definitions abound, also in economics -- a discipline to which it has a special relevance. In economic terms, Globalisation is the historical process of gradual, yet persistent liberalisation followed by the coalescence of the hitherto largely fragmented markets of goods, capital and labour into a single global market. The concurrent regional integration processes, should by no means be seen as a trend opposed to Globalisation, which they may even facilitate in some circumstances by moving integration to a higher level: from that of national economics up to that of international organisations, for instance, the EU integrating with NAFTA, ASEAN with CIS or Mercosur with Caricom. Thus defined Globalisation depends on a variety of circumstances and has numerous implications. It is an extremely dynamic and complex process which, therefore, allows of no unambiguous assessment. Globalisation is an irreversible process, although -- as the experience of the last two or three years has shown -- its progress can be significantly impeded in the short run by various kinds of political and economic shocks. So the idea is to follow an enlightened and wise development strategy and a well-co-ordinated policy -- in this case, on the international and global scale -- that would minimise the attendant problems and eliminate, as far as possible, the concomitant social stress. How to achieve this goal is the question the authors address in this volume.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Comparison of Belarus and Ukraine
Content Coding Scheme for Interviews
14 other sections not shown
administration agricultural areas Asian asylum Belarus Burma candidate countries Channel China Chinese competition customs union Czech Czech Republic developing countries Diagram distribution domestic economic growth economic ideas education and health effects enrollment rates enterprises ethnic migrants Europe European Union expenditure exports Fijians fiscal foreign formal funds global economy groups households human capital human development HZDS implementation important improve income increase Indians indigenous Fijians Indo-Fijians Indonesia initial institutions integralist integration investment Kolodko Korea labor liberal major Malaysia market economy Mohajirs officials outcomes Pakistan parties percent Philippines Poland political population post-Soviet poverty line private sector problems production random effects estimation ratio reforms refugees regional regulations relative Republic result role rural Russia share significant Sindhis Slovakia social South Asia Soviet SSA2 standards structural Tanzania Thailand trade variables virtuous cycle World Bank