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| Topic: |
Philosophy
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| Number of pages / Number of words: |
2 / 535 |
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If every country had a globalized economy, trade would flourish more abundantly and the big businesses would grow more powerful helping a lot of the little countries prosper. As the metaphor of the Golden Straitjacket implies, he sees every country as having to conform to the same model, with little room for national variation...
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As the metaphor of the Golden Straitjacket implies, he sees every country as having to conform to the same model, with little room for national variation. This may reflect his time spent in less-developed countries, which still have a long way to go in putting in place the institutional prerequisites for a market economy...
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General points of the essay
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