Quote:
Originally Posted by Waves
what do you guys foresee for the international economy in the next, say 50 years? do you think as globalization continues, countries like the united states who are going around hogging all the resources will increase or do you think people will start actually co-operating on some level?
interesting thread  |
Globalization WILL help Mexico move along the development curve. This will increase their productivity and their wages. There is some complex macro mechanism at work that I dont remember the details of. But yeah, thats what happens. They'll gain more capital and greater productivity.