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Showing posts with the label uneven
The development of capitalism has good news for "the developing countries". How the West will continue to rule. " As the next industrial revolution unfolds, the model for economic growth that arose alongside globalization will offer a less certain path toward development. Though new technologies will not completely erase the benefit of cheap labor, they will reduce the number of opportunities countries have to industrialize, diversify and grow their economies." The Rise of Manufacturing Marks the Decline of Globalization