Titlebook: Redrawing the Global Economy; Elements of Integrat Alice Landau Book 2001 Palgrave Macmillan, a division of Macmillan Publishers Limited 20

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The Stratification of Global Tradeeld . 1999, Dicken, 1998). There could be some disagreement as to the beginning of globalization. Some trace it back to 1860 (Hirst, 1992; Sachs, 1996), others to 1913 (Bairoch, 1996), the 1950s (Dicken, 1992), or the 1960s or 1970s (Rowthorn and KozulWright, 1998: UNCTAD, 1997a). However, no one wo

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The Transnational Corporations: Channeling Disparitiesrged quite early, in the seventeenth century. The Vereenigde Ost-indische Compagnie, alias the East India Company, was born in 1602, and was trading cottons from Coromandel to Indonesia and China, silks from China, Tonkin, India, and Persia to Manila and on to New Spain (Mexico), tea and gold from C

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Regionalization: Old Blends and New Incarnation in which firms’ strategies focus on efficient resources, whereas regionalization is characterized by preferential trading arrangements among countries and a regional network approach to resources, markets, and firms (Mucchielli . 1998: xii). Regionalization would appear to erode potential globaliza

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Regional Integration Arrangements: Trading Blocs or Building Blocs?patibility between regionalization and globalization. Some scenarios could be envisioned. The first refers to a world economy split into three largely autonomous trading regions with relatively low levels of interdependence (see Chapter 9). They would work to limit any exposure to the others, and li

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