Marie Michael Library
Interpreting globalization: neoliberal and internationalist views of changing patterns of the global trade and financial system
This paper describes the changing nature of the global trade and financial system, putting the recent debate about globalization in a broader context. The author describes the changes in the volume and direction of flows of goods, services, capital and income. He also addresses the technical issues surrounding international comparisons of income and consumption, and reviews the debate over changes in global income inequality.