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Analysis on Phases of Globalization and Convergence

Received: 6 March 2018     Accepted: 21 March 2018     Published: 11 April 2018
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Abstract

Globalization, along with many conceptual notions, such as economic growth, convergence has involved a mass of research works, but remains disputable based on miscellaneous samples and periods. This paper aims to discuss to what extent two phases of globalization are similar in the light of convergence and variants. With methods of historical analysis and empirical evidence synthesis, we find the first and second phases of globalization have common features on remarkable economic growth, transport costs’ decline and free and flexible trade policy, but the range and extent are moderately different. Additionally, the two phases of globalization have various convergence paths. Some new perspectives such as social and political dimensions and policy implications have been referred to.

Published in Journal of World Economic Research (Volume 7, Issue 1)
DOI 10.11648/j.jwer.20180701.14
Page(s) 37-43
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2018. Published by Science Publishing Group

Keywords

Globalization, Convergence, Factors

References
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  • APA Style

    Bin Tang, Guanminjia Shang, Anli Leng, Ningning Yu. (2018). Analysis on Phases of Globalization and Convergence. Journal of World Economic Research, 7(1), 37-43. https://doi.org/10.11648/j.jwer.20180701.14

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    ACS Style

    Bin Tang; Guanminjia Shang; Anli Leng; Ningning Yu. Analysis on Phases of Globalization and Convergence. J. World Econ. Res. 2018, 7(1), 37-43. doi: 10.11648/j.jwer.20180701.14

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    AMA Style

    Bin Tang, Guanminjia Shang, Anli Leng, Ningning Yu. Analysis on Phases of Globalization and Convergence. J World Econ Res. 2018;7(1):37-43. doi: 10.11648/j.jwer.20180701.14

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  • @article{10.11648/j.jwer.20180701.14,
      author = {Bin Tang and Guanminjia Shang and Anli Leng and Ningning Yu},
      title = {Analysis on Phases of Globalization and Convergence},
      journal = {Journal of World Economic Research},
      volume = {7},
      number = {1},
      pages = {37-43},
      doi = {10.11648/j.jwer.20180701.14},
      url = {https://doi.org/10.11648/j.jwer.20180701.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20180701.14},
      abstract = {Globalization, along with many conceptual notions, such as economic growth, convergence has involved a mass of research works, but remains disputable based on miscellaneous samples and periods. This paper aims to discuss to what extent two phases of globalization are similar in the light of convergence and variants. With methods of historical analysis and empirical evidence synthesis, we find the first and second phases of globalization have common features on remarkable economic growth, transport costs’ decline and free and flexible trade policy, but the range and extent are moderately different. Additionally, the two phases of globalization have various convergence paths. Some new perspectives such as social and political dimensions and policy implications have been referred to.},
     year = {2018}
    }
    

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    T1  - Analysis on Phases of Globalization and Convergence
    AU  - Bin Tang
    AU  - Guanminjia Shang
    AU  - Anli Leng
    AU  - Ningning Yu
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    T2  - Journal of World Economic Research
    JF  - Journal of World Economic Research
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    UR  - https://doi.org/10.11648/j.jwer.20180701.14
    AB  - Globalization, along with many conceptual notions, such as economic growth, convergence has involved a mass of research works, but remains disputable based on miscellaneous samples and periods. This paper aims to discuss to what extent two phases of globalization are similar in the light of convergence and variants. With methods of historical analysis and empirical evidence synthesis, we find the first and second phases of globalization have common features on remarkable economic growth, transport costs’ decline and free and flexible trade policy, but the range and extent are moderately different. Additionally, the two phases of globalization have various convergence paths. Some new perspectives such as social and political dimensions and policy implications have been referred to.
    VL  - 7
    IS  - 1
    ER  - 

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Author Information
  • Center for Experimental Economics in Education, Shaanxi Normal University, Xi’an, China

  • Center for Experimental Economics in Education, Shaanxi Normal University, Xi’an, China

  • Department of Social Medicine, School of Public Health, Shandong University, Jinan, China

  • Institute of Higher Education Research, University of Jinan, Jinan, China

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