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Economy
Slower globalization and global growth PDF Print E-mail
By Alazar Kebede   
Monday, 23 February 2015 05:58

Renowned economic analysts have long argued that the benefits of globalization in terms of relative growth outcomes have been very one-sided in recent decades, and that it has also been heavily skewed toward growth in Asia especially China and to a lesser extent India. Indeed, if one removes China and India from consideration, there has been very little improvement in the relative growth rate of developing economies compared to developed ones. And without Asia there has been hardly any improvement at all. Add a comment

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