| |
| | Asia Times - Globalization and its discontents |
 | | In particular, he writes, the behavior of the world factor is consistent with the steady expansion of the 1960s and early 1970s, the recessions of the mid-1970s, the early 1980s and early 1990s, and the expansion of the late 1980s. |
 | | Global capital markets, Kose writes, have become significantly more integrated over the past two decades, to the point where, in the case of the United States, the sum of inflows and outflows of foreign direct investment have surged from less than 3 percent of gross domestic product to more than 18 percent today. |
 | | With its formidable import-export capacity, the US is the biggest factor of all. |
| www.atimes.com /atimes/Global_Economy/EH19Dj02.html (729 words) |
|