Transcription of Has Globalization Created a Borderless World?
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Has Globalization Created a Borderless World?
Has Globalization Created a Borderless World? Janet Ceglowski Has Globalization Created a Borderless World? Janet Ceglowski*. T he newest buzzword in the popular busi- ness press is Globalization , a word that evokes countries, creating a Borderless world in which economic decisions are made without images of a world in which goods, services, reference to national boundaries. For instance, capital, and information flow across seamless in describing the sphere in which the major in- national borders. In this world, the choices over dustrial economies operate, Kenichi Ohmae where to produce, shop, invest, and save are asserts that national borders have effectively no longer confined within national borders but disappeared and, along with them, the eco- have taken on a decidedly global ori
products of low-wage countries, globalization *Janet Ceglowski is an associate professor, Department of Economics, Bryn Mawr College, Bryn Mawr, PA. When this article was written, she was a visiting scholar in the Re-search Department of the Philadelphia Fed.
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