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Europe and the Causes of Globalization, 1790 to 2000

In: Europe and Globalization

Author

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  • Kevin H. O’Rourke
Abstract
According to the recent declaration agreed by EU leaders at Laeken, the EU seeks to become ‘a power wanting to change the course of world affairs in such a way as to benefit not just the rich countries but also the poorest. A power seeking to set globalisation within a moral framework, to anchor it in solidarity and sustainable development’ (Irish Times, 17 December 2001). Indeed, globalization is identified by the declaration as one of the two key challenges facing the Union. The prominence given to this issue reflects in part the belief, shared by politicians and ‘anti-globalization’ protestors alike, that globalization is a new and unprecedented phenomenon. But is this in fact the case? And does Europe actually have anything to contribute to this process at the start of the twenty-first century? In this chapter, I trace the evolution of international economic integration over the past two centuries, and seek to explain that evolution, highlighting Europe’s role. I conclude by speculating about ways in which the EU may be able to inform the globalization debate over the coming decades.

Suggested Citation

  • Kevin H. O’Rourke, 2002. "Europe and the Causes of Globalization, 1790 to 2000," Palgrave Macmillan Books, in: Henryk Kierzkowski (ed.), Europe and Globalization, chapter 3, pages 64-86, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-3767-4_4
    DOI: 10.1057/9781403937674_4
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    References listed on IDEAS

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    1. Robert C. Feenstra, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall.
    2. Barry Chiswick & Timothy J. Hatton, 2003. "International Migration and the Integration of Labor Markets," NBER Chapters, in: Globalization in Historical Perspective, pages 65-120, National Bureau of Economic Research, Inc.
    3. Maurice Obstfeld, 1993. "International Capital Mobility in the 1990s," NBER Working Papers 4534, National Bureau of Economic Research, Inc.
    4. Robert C. Feenstra, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall.
    5. David L. Hummels & Georg Schaur, 2013. "Time as a Trade Barrier," American Economic Review, American Economic Association, vol. 103(7), pages 2935-2959, December.
    6. Kevin H. O'Rourke & Jeffrey G. Williamson, 2001. "Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650592, April.
    7. Richard Baldwin & Philippe Martin, 1999. "Two Waves of Globalisation: Superficial Similarities, Fundamental Differences," Post-Print hal-03417560, HAL.
    8. Yeats, Alexander J., 1998. "Just how big is global production sharing?," Policy Research Working Paper Series 1871, The World Bank.
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    10. Michael D. Bordo & Barry Eichengreen & Jongwoo Kim, 1998. "Was There Really an Earlier Period of International Financial Integration Comparable to Today?," NBER Working Papers 6738, National Bureau of Economic Research, Inc.
    11. Hummels, David, 2001. "Time As A Trade Barrier," Working papers 28701, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
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    4. Peter E Robertson, 2011. "Deep Impact: China and the World Economy," Economics Discussion / Working Papers 11-01, The University of Western Australia, Department of Economics.

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