Sentence examples for first wave of globalization from inspiring English sources

Did this first wave of globalization benefit both rich and poor nations, but the former more than the latter?

But in fact there was soon a two-thirds drop-off in world trade in the early 1930s, which is why that period is usually considered to mark a definitive end to the first wave of globalization. 5.

In this book he uses powerful theoretical arguments and massive quantitative evidence to argue that the divergence between rich countries in the core and poor countries in the periphery, as well as the large income gaps between rich and poor households in the developing world, were caused by the first wave of globalization.

The expansion of trade was one of the key elements in this first wave of globalization, together with the boom in capital movements and in transoceanic migrations.

From the mid-nineteenth century until the First World War the international economy witnessed a significant increase in market integration; this period is often referred to as the first wave of globalization.

Since the end of the Second World War, trade has tended to be concentrated among developed countries, breaking the pattern of complementarity among industrialized countries and developing countries from the first wave of globalization.

Therefore the commercialization of land and space in the third wave of globalization causes the entanglement of global capital, administrative power at different levels of the state, and individuals' daily life.

Theorists sometimes call the movement of people the third wave of globalization, after the movement of goods (trade) and the movement of money (finance) that began in the previous century.

Not really, especially when you see suggestions, like this one from economist Richard Baldwin (hat tip to Quartz.com), that a third wave of globalization is about to disrupt the remainder of workers who were not whacked over the head by the last wave.

Although at first this process did no more than recover past levels of integration, since approximately the 1960s the integration process accelerated at an unprecedented rhythm, often called the second wave of globalization, in which trade once more played a key role (Findlay and O'Rourke 2007).

Emerging societies are responding to modernity's second wave of globalization.