By Christopher J. S. Gentle (auth.)
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Extra resources for After Liberalisation: A Vision of Europe in the Global Economy of the Twenty-First Century
For instance, in South America there has been the formation of MERCOSUR: a freetrade area based around Argentina, Brazil, Paraguay and Uruguay. Indeed, it is now proposed that NAFTA and MERCOSUR be merged in 2005 to cover the whole of the Americas - creating the largest free trade area in the world. The reality of a truly global economy is illustrated by the car industry. According to calculations by the American Automobile Manufacturers, world motor vehicle production in 1993 was almost equally divided between Asia, Europe and North America.
25. enichi Ohmae (1990) The borderless world: Power and strategy in the interlinked economy. Harper Perennial. 94. Adrian Hamilton (1986) The financial revolution. Penguin. 13. Hamish McRae (1993) The world in 2010. Harper Collins. London. R. Thomas (1995) Institutional themes on jobless variations. The Guardian 20 February p. 11. Data from UNCTAD. World Bank (1989) World Development Report. Word Bank. Washington DC. Peter Dicken (1992) Global Shift. Paul Chapman. London. A. Amin, D. Charles and J.
FROM MONOPOLY TO LIBERALISATION: THE ROAD TO FREE MARKETS AND TRADE The significant changes that are taking place in the structure of world trade have been welling up since the 1930s. The depression at this time ravaged most of the major economies and led to the reconstruction of the world economy after World War II. The foundation for this new era was the solid base of national regulation. During this reconstruction, state regulation and intervention in the functioning of economies was at its apex: characterised by a high level of nationalisation of industries such as water and energy utilities, airline, telecommunications, and postal services.
After Liberalisation: A Vision of Europe in the Global Economy of the Twenty-First Century by Christopher J. S. Gentle (auth.)