A trade globalization accompanied by a map redistribution
- Authors
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Pierre Salama
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- Keywords:
- Globalização
- Abstract
- ABSTRACT Development strategies based on trade liberalization have not produced higher growth rates in emerging Latin-American countries. In fact, this rate has been, in average, lower then it was between 1955 and 1980, a period characterized by high protectionism and low economic openness. The first part of the article evaluates the effect of trade liberalization on GDP growth. The relationship of growth strategies and the changing world order is drawn on a second part. Today’s world is different from the past. In many ways, it is happening now what was unthinkable some time ago: North cannot dominate South as it did before. The very South is deeply heterogeneous: the last developed countries, emerging Asian countries and Latin-American countries are very different and their influences are not the same. Some of those southern countries, mainly the Asian ones, are trying to make their own rules for they are creditors of North’s debts. It is possible now to weigh the relationship between the growing economic openness and the emergence of new actors, especially Latin-Americans and Asians. Key words: globalization, development strategies, emerging countries. Classificação JEL F5; O1; L11 Artigo recebido em maio 2012 e aceito para publicação em jun. 2012.
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- Published
- 2012-11-19
- Issue
- Vol. 33 No. 2 (2012)
- Section
- Artigos
- License
- A remessa dos artigos à revista implica a cessão dos direitos autorais à FEE.