Globalisation in Stages
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Globalisation in Stages book
Globalisation is a somewhat complex concept. It is both dynamic and multidimensional. It is tempting to view it simply as a process of increasing reliance on foreign trade. Such a one-dimensional approach is not reasonable, because it does not reﬂect the spatial dimension. An increasing reliance on trade of all countries could just be an expansion of each country’s trade relation with the nearest neighbour without any expansion of the spatial coverage. The analysis of globalisation should thus be reﬂected in measures that ideally would measure quantitative as well as spatial degree of expansion.