Modeling Economic Globalization. A Post-Neoclassic View on Foreign Trade and Competition

Why is economy globalizing? Does an intrinsic reason exist, a sort of divine systemic force which controls this evolution, or is it just the lunatic actions of some managers to let their companies operate on a global level to increase profits? This book provides a comprehensive model of economic globalization. Starting from the dynamics behind the occurring changes, itanalyzes product characteristics and market structures, defines different business typologies and related types of globalization. A new approach is presented, developing comparative competitive advantages and an entropy-based in equality with related risk concept. The result is an ormative thesis on economic globalization.