POLITICAL ECONOMY IN A GLOBALIZED WORLD

The recent global financial crisis illustrates how fragile economic globalization is and how vulnerable all global citizens are to economic events outside their own country. Indeed, global economics is more important for national economic growth than domestic policies. Globalization and change interact and shape the economic environment for citizens and enterprises. These essays represent observations made over a ten-year period which attempt to analyze what is happening, why it happened and the impact on global and national economic growth. Readers may not find solutions or answers to all the perplexing events in the world, but they will gain a better understanding of how global politics and economics work, and in some cases, how they should but actually do not work.