Abstract
There is no doubt that we are living history today. Never before have the changes been so profound, so unpredictable and so fast. Although the collapse of socialism stands out as a landmark of such tectonic changes it is not the only change. On the one hand the gap between developed and less developed parts of the world as a whole is widening but on the other some developing countries are well on the way to narrow the gap. Growth rates in South-East Asia and some Latin American countries have surprised many. They have been continuously high for some years and promise to be so in the next period as well, while Africa is lagging far behind.
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© 1996 Centre for International Cooperation and Development
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Svetličič, M., Singer, H. (1996). World Economy: Challenges of Globalization and Regionalization. In: Svetličič, M., Singer, H.W. (eds) The World Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24695-3_1
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DOI: https://doi.org/10.1007/978-1-349-24695-3_1
Publisher Name: Palgrave Macmillan, London
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