The Assessment: How Far has Globalization Gone?
通过分析贸易、投资、社会支出和盈利等指标,发现全球化进程并非普遍加速,仅中国等例外,多数工人仍受保护,南北差距在扩大。
There is a widespread perception that international economic integration has been proceeding faster and further than ever before. A careful examination of the appropriate indicators reveals that such a dramatic account of recent developments applies only exceptionally (notably to China); the general rule is for steadily increasing trade shares and foreign investment, which still leaves the majority of workers employed in sheltered sectors. Differences in rates of social spending have survived pressures on countries to ‘race to the bottom’. Profitability has not converged, even in fiercely competitive manufacturing. Declines in absolute poverty and perhaps inequality still leave rising absolute differences between North and South, while expectations are probably converging faster.