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| Author: | Zhao, Wei |
| Title: | Economic globalization: the benefits we got from it and the problems we will face |
| Journal: | International Economics and Trade Research (c)
1999 : 1, p.19-22 |
| Index terms: | ECONOMIC INTEGRATION |
| Language: | chn |
| Abstract: | Economic globalization has been a popular subject among the international economic specialists recently. This article begins with its conception, motive power and process , mainly analyses the benefits our economy got from the globalization and the cost for that since the 1990s. And on this basis, the article anticipates the problems our economy will face in the process of globalization. Apparently the benefits we got from the globalization are more than the cost by the middle of the 1990s. The benefits are directly connected to foreign trade expansion and the influx of foreign capitals while cost has a close relation with the impetus such as control over export channels and the sell of home market. In a few years, we'll face the prospects in which the benefit-growing rate of globalization will drop while the cost-growing rate will rise. |
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