political economy
 2007
Sugden, Roger, Wilson, James
re-printed in J.D. Daniels and J. A. Krug (eds.) International Business and Globalization, Volume 1, London: Sage, pp. 305-324

English // Keywords: globalisation.

 

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Description

This paper provides an analytical foundation for use of the term ‘globalisation’ when examining processes of economic development. A meeting ground is suggested for those that argue in favour of globalisation and those that are often, but in our view inappropriately, labelled as ‘anti-globalisation’. We see economic globalisation as a process in which new technologies and a new geography imply the possibility of strategic decisions that result in alterations to the prospects for, and forms of, economic development. A spectrum of possibilities for different forms of globalisation is identified, focusing in particular on ‘elite globalisation’ and ‘democratic globalisation’.

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