Globalization And Technical Progress: Channels Of Reciprocal Interaction A Literature Review
Source: University of Hohenheim
In the center of this paper there are two questions: 'Is it true that globalization is to a crucial degree dependant on technical innovation?' and 'Can globalization be regarded as a determinant of economic growth and technical progress?' To answer these questions the paper provides a literature review of the main theoretical and empirical approaches and tries to give a classification and systematization scheme of the manifold contributions. Especially the latter question as will be shown, reaches divers aspects of economic theory, all in search for the influences of international relations on a country's economic performance.