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Month: September 2016

The regional structure of the global economy: Economic hierarchies and growth strategies

The dominant globalization narrative of the last quarter century has overlooked the fact that the global economy has not so much globalized as regionalized. Three world’s major economic regions (North America, Western Europe, and East Asia) together account for as much as 80 percent of the global economy, with the North American region clearly dominant in terms of GDP per capita.

Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: