Globalization good bad essay

Systematic studies confirm a strong link between openness and economic A study of 117 countries by Jeffrey Sachs and Andrew Warner found that open economies grew much faster than closed economies. Specifically, the authors found that the developing countries that maintained open economies throughout the 1970s and ’80s grew at an average annual rate of percent, compared with an average growth rate of percent for closed economies. As a result, the open developing economies tended to converge toward the slower-growing rich economies, while relatively closed economies did not

Globalization good bad essay

globalization good bad essay

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globalization good bad essayglobalization good bad essayglobalization good bad essayglobalization good bad essay