Globalization and World EconomicsA lecture by Dr Paul Krugman
On March 28, 2003, I had the opportunity to listen to Dr. Krugman in the Cameron University auditorium. ... Dr. Krugman is in favor of globalization, yet believes that the perception of the world has not changed. He firmly believes that economic growth in poor countries is what the world needs – which will ultimately cause the expansion of international trade. According to Dr. Krugman, in the 1970s economics was a depressing study. ... He believes it is safe to say that in general we have seen a rapid growth in countries by globalization.