March 17, 2009 at 12:28 PM EDT
Restoring Legitimacy to Financial Globalization
“Globalization” has been challenged and found lacking in the current financial crisis. But an article in the IMF’s Finance and development magazine, suggests that a more “legitimate” form of globalization could emerge if the temptation to retreat into nationalism and protectionism can be averted through meaningful international cooperation. “Economic integration in the past quarter century has [...]
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