The challenge of market power under globalization

Preprint OPEN
David Arie Mayer-Foulkes;
(2014)
  • Subject: globalization, transnational corporations, underdevelopment, concentration, inequality, economic growth
    • jel: jel:F02 | jel:F23 | jel:F10 | jel:O10

The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and underdeveloped economies. Current globalization is... View more
  • References (22)
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