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Globalization, growth and inequality

dc.contributor.authorLains, Pedro
dc.contributor.authorSilva, Ester G.
dc.date.accessioned2016-10-11T16:09:28Z
dc.date.available2016-10-11T16:09:28Z
dc.date.issued2016
dc.description.abstractThe intensity of trade across countries in goods, capital, labor and knowledge has reached a new momentum in the past few decades and the world is now closer to a truly global economy than ever before. Globalization ‘can be seen every where’ and is the outcome of a complex historical process that evolved unevenly across time and space. It stepped up during the nineteenth century owing to significant technological breakthroughs in transport and communications and the increasing specialization of economic activity associated with industrialization. World War I caused disruption to trade at the global level, while the international monetary system that had evolved during the previous half-century under the gold standard broke down. Globalization receded in the decades that followed, owing to governments’ inability to restore previous flows and the enforcement of autarchic policies in Europe, the Americas and other parts of the world. After 1950, growth in international trade, capital flows and migrations resumed and then expanded rapidly under the new institutional regime established at the Bretton Woods conference, with increasing numbers of countries and regions entering the global markets. However, there is still a long way to go, particularly in the case of inter national labor markets, which remain less global than the rest of the international economy, and also the persistence of ‘institutional discontinuities’ between countries.pt_PT
dc.identifier.citationLains, P. & Silva, Ester G. (2016). Globalization, growth and inequality. C. Antunes & K. Fatah-Black (Eds.), Explorations in History and Globalization, pp. 231-249. London & New York: Routledge. Taylor & Francispt_PT
dc.identifier.doi10.4324/9781315629377pt_PT
dc.identifier.isbn9781315629377
dc.identifier.urihttp://hdl.handle.net/10451/24820
dc.language.isoengpt_PT
dc.publisherTaylor & Francispt_PT
dc.relation.publisherversionhttp://www.tandfebooks.com/doi/view/10.4324/9781315629377pt_PT
dc.subjectGlobalizationpt_PT
dc.subjectInequalitypt_PT
dc.titleGlobalization, growth and inequalitypt_PT
dc.typebook part
dspace.entity.typePublication
oaire.citation.endPage249pt_PT
oaire.citation.startPage231pt_PT
oaire.citation.titleExplorations in History and Globalizationpt_PT
person.familyNameLains
person.givenNamePedro
person.identifier.ciencia-idD31B-6AC6-AA51
person.identifier.orcid0000-0003-1810-1734
person.identifier.scopus-author-id6508129250
rcaap.rightsrestrictedAccesspt_PT
rcaap.typebookPartpt_PT
relation.isAuthorOfPublication420fe9ec-a57b-4a17-a07b-0cad94f65518
relation.isAuthorOfPublication.latestForDiscovery420fe9ec-a57b-4a17-a07b-0cad94f65518

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