The Coming Break-up of National Economies?
Capitalism cannot be confined to fixed geographic terms; it has always found ways to go beyond territorial boundaries in search of new sources of raw materials, labor, investment opportunities, and new markets. Because of this, world trade has continued to grow. After experiencing major economic depression and extreme political instability, major capitalist economies have seemed to shift from internationalisation to globalisation. This chapter discusses some historical events that may have contributed to this shift. Also, this chapter presents the interrelationships of the size of national economies, the openness of economies to trade and other such factors, and also presents the implications of these interrelationships. This chapter concentrates on the changing patterns of intra-national and international spatial relationships that are relevant in understanding the origin of capitalism.
Keywords: capitalism, geographic terms, internationalisation, globalisation, national economies, openness to trade, spatial relationships
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .