Download or read book Regionalization and Globalization in the Modern World Economy written by Alex E. Fernández Jilberto and published by Routledge. This book was released on 2017-03-16 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1998. This collection of outstanding essays explores the importance of regionalization and globalization to the world economy. International contributions explore the process of regionalization in the Pacific Area, The Americas, Africa and Europe, and question whether the world economy is characterized by increasing regionalization, rather than globalization. The book is an excellent contribution to debate on development economics. It investigates how the processes of globalization and regionalization, driven by liberalization of trade and capital markets, weaken nationally established monopolies and protected industries and it looks at the challenge to Third World nations and the countries of the former socialist bloc.