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- W193619266 abstract "I have chosen to speak to you on a predominantly economic topic as a way of paying tribute to the memory of Chin taman Dwarkanath Deshmukh, whose remarkable career was distinguished by the positions of responsibility he held in the financial and monetary fields. The ideas that I will be putting to you revolve around globalisation, the causes of which are chiefly economic but whose consequences raise important problems on both the political and spiritual levels. Since I come from a continent, Europe, which is moving towards a kind of unity, it seems inevitable to me that a link should be made between the growing phenomena of inter dependence in the world and this long attempt to organise inter dependence between the countries of Europe. The first sign of globalisation was the acceleration of the international exchanges of goods and services. Since the second World War, international trade has developed at twice the speed of world production, and trade now accounts for one-sixth of world production. It seems to me that the trend is set to continue under the pressure of the Asian countries, which will take an increasing share of world economic activity. At the same time, though, developments with even more spectacular consequences have made their appearance in what will be the economic landscape of the next century. Firstly, there is the financial revolution brought about by the emergence of a world capital and currency market. This market operates 24 hours a day and gives rise to intense speculative transactions and abrupt movements in exchange rates. Whereas the combined reserves of central banks amount to barely $ 100 billion, twenty times that amount, or about $2000 billion is hand" @default.
- W193619266 created "2016-06-24" @default.
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- W193619266 date "2016-01-01" @default.
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- W193619266 title "Europe: Regional Organisation and Globalisation" @default.
- W193619266 hasPublicationYear "2016" @default.
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