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[The globalization of societal life looks back upon a long history (O’Rourke and Williamson 2002; Osterhammel and Petersson 2006; Stearns 2009). Our present time excels, however, in having made globalization a first-rate topic of social science research, public debate and politics. Among many...
[Global free trade is generally considered the dynamic force of unleashing entrepreneurial profit maximization. The businesses operating on the world market are released from national restrictions of social partnership and public responsibility. Production is shifted to countries with the lowest...
[The world trade order is the central field of struggles for harmonization between the social integration of the nation states and the functional integration of the world economy. It would be a mistake, however, to look at this harmonization exclusively with regard to the differentiation between...
[The liberalization of trade all over the world is among the most far-reaching forces of social change in our time, and it is also a much debated one. On the one hand there is the promise of increasing wellbeing for the whole world, while there is the fear of rising inequality, social...
[Studies carried out by Dollar (1992), Sachs and Warner (1995) and Edwards (1998) have demonstrated a long-term significant and positive correlation between openness and economic growth. A study conducted by Greenaway et al. (2002) arrives at the same conclusion but refers to the timelag of...
[The debate about the international division of labour, coming along with expanding world trade, has gone through a number of phases characterized by dominant definitions of the situation since the 1950s (cf. Held et al. 1999). At the beginning, economic development theory and sociological...
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