Previous Chapter Chapter 7: Conclusion

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We have stressed three themes in this book. First, we have argued that globalization can be an engine of growth and development. Since globalization provides the opportunity for bringing together capital, labour, and resources from any location on the planet, it makes sense that a global scale of opportunities is more efficient than local or even national ones. More broadly, the chance to travel and work in different countries, to read books published anywhere in the world, and to watch ‘foreign’ movies are all examples of added consumption possibilities that globalization offers. Our second theme tells us that these additional choices, attractive as they are from the standpoint of the consumer, do not come without a price, a price that may be denominated in ...

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