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Understanding the New Globalization: Implications for the ...

DISCUSSION PAPER SERIES NO. 2019-08 SEPTEMBER 2019 Understanding the New Globalization: Implications for the PhilippinesRoehlano M. Briones, Michael Ralph M. Abrigo, Connie B. Dacuycuy, and Francis Mark A. QuimbaThe PIDS Discussion Paper Series constitutes studies that are preliminary and subject to further revisions. They are being circulated in a limited number of copies only for purposes of soliciting comments and suggestions for further refinements. The studies under the Series are unedited and unreviewed. The views and opinions expressed are those of the author(s) and do not necessarily reflect those of the Institute.

Understanding the new globalization: Implications for the Philippines Roehlano M. Briones, Michael Ralph M. Abrigo, Connie B. Dacuycuy, and Francis Mark A. Quimba* 1. Introduction Past waves of globalization, as categorized by Vanham (2019), were characterized by rapid growth of world trade, often accompanied by cross-border investment.

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