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Fascinating piece, "
Trading Places" by Frances Kim for the Yale Economic Review.
Highly controversial and greatly overused, the term “globalization” generally characterizes the phenomenon by which multiple economies have apparently begun to move in sync with one another. The pundits may all have their own opinions on the merits of global inter-connectedness, but statistics tell many different stories regarding whether international economies have really converged to move in a synchronous global business cycle.
Read the entire article
here. Agree or disagree? We'd welcome hearing from you!
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