Globalization of the world economy

‘Globalization of the world economy’ rolls trippingly off the tongue. The thing itself is 450 years old. By 1600 AD there was large-scale trade from the Americas and Asia into Europe. A poor country — Spain — used its great new mineral wealth from the Americas to support all its old unproductive hab...

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Veröffentlicht in:Energy policy 1996-12, Vol.24 (12), p.1021-1024
1. Verfasser: Adelman, MA
Format: Artikel
Sprache:eng
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Zusammenfassung:‘Globalization of the world economy’ rolls trippingly off the tongue. The thing itself is 450 years old. By 1600 AD there was large-scale trade from the Americas and Asia into Europe. A poor country — Spain — used its great new mineral wealth from the Americas to support all its old unproductive habits and to buy glory. The sun never set on the Spanish domains, the first global empire in history. It did not shine there for long.
ISSN:0301-4215
1873-6777
DOI:10.1016/S0301-4215(96)00094-8