Cover

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Frontmatter

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Title page

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Copyright page

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Contents

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p. vi

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Acknowledgements

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p. vii

This book contains chapters based on presentations made at the 44th annual Werner Sichel Economics Lecture-Seminar Series, hosted by the Department of Economics at Western Michigan University during the academic year 2007–2008. The series was made possible...

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Ch 1 - Introduction

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pp. 1-4

This collection is based on the papers presented at the 2007–2008 Werner Sichel Lecture-Seminar series held at Western Michigan University. These papers address the issue of globalization with a special emphasis on its impact on poverty. The dawning of the twenty-first century is a propitious time...

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Ch 2 - Can Globalization Help?

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pp. 5-36

Globalization broadly refers to the expansion of worldwide linkages within and increasing interdependence of human activity in the economic, social, cultural, political, technological, and even biological spheres. The areas in which globalization operates can interact with one another. For instance, while...

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Ch 3 - International Migration, Remittances, and Economic Development

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pp. 37-56

Ask almost anyone today whether we live in a more globalized economy and you will likely hear, “Of course we do, the world is ‘smaller’ today than a century ago.” While I agree that countries interact much more than in the past, many do not appreciate the history of that process, tending to characterize...

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Ch 4 - Globalization and Inequality among Nations

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pp. 57-72

In 1870, at the beginning of the first modern era of globalization, the world’s average per capita GDP was $873 (see Table 4.1).1 Average income in the richest nations—the United States, Canada, Australia, and New Zealand—was $2,419, while income in the poorest—the African nations—was $500, a spread...

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Ch 5 - The Composition and Allocation of Global Financial Flows: What Are Markets Doing?

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pp. 73-84

This chapter focuses on global financial flows and how they have changed in response to the series of financial crises that swept through emerging markets in the mid- to late 1990s. There have been some significant changes in the direction and the composition of capital flow, and this chapter argues...

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Ch 6 - Are Developing Countries Converging on Intellectual Property Rights? Evidence from Plant Patents, 1977-2007

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pp. 85-104

For decades, researchers have attempted to develop better, more efficient sources of biofuels. On one hand, this development could represent a significant boon for developing countries. For example, sorghum in the Philippines has been found to have higher sugar content in its root than sugar...

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Ch 7 - The Challenges and Opportunities of Twenty-First-Century Global Markets

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pp. 105-116

Are we preparing our younger generations for the challenges and opportunities of the twenty-first-century global markets? As markets become increasingly global, tough competition for every skill is emerging from around the world. But fascinating opportunities are also being formed to serve people in different...

The Authors

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p. 117

Index

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pp. 119-126

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About the Institute

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p. 127

The W.E. Upjohn Institute for Employment Research is a nonprofit research organization devoted to finding and promoting solutions to employmentrelated problems at the national, state, and local levels. It is an activity of the W.E. Upjohn Unemployment Trustee Corporation, which was established in 1932 to administer a fund set aside...