1. Globalization and Development
... Liberalization only creates new opportunities if other countries liberalize too. The global change in intellectual consensus in the early 1980s, and domestic political change in a number of European countries, fed into a different political consensus within international economic institutions. The balance of power shifted in a direction of more liberal international economic regulation, particularly an expansion ... government (though this varied between different colonial powers). New economic activity was designed to promote the export of primary commodities from the colonies which wo...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate