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Unformatted text preview: economic growth² in the 19 th century while others did not. Do these articles supply a satisfactory answer to this question? What are their most glaring limitations? 2. The debate surrounding globalization revolves, in part, around its implications for income inequality, both within countries and between them. What lessons, if any, can we draw about that debate from the ±first age of globalization² (between 1880 and 1913)? In other words, what were the implications for income inequality then, and would we expect similar effects today? 3. It is sometimes said that the classical (pre-1914) gold standard was ±as much a political as an international monetary system.² What is meant by this statement? What does it imply for the kinds of international monetary systems that are feasible today?...
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This note was uploaded on 10/15/2008 for the course ECON 115 taught by Professor Sadoulet during the Spring '08 term at Berkeley.
- Spring '08