Facts and debates about trade
Paul Hampton reviews Gary Buckman, Globalization: tame it or scrap it? , Zed Books, £9.99 This book brings together a huge amount of information on world trade and capital flows, in an accessible form. Firstly, world trade has grown enormously over the last two hundred years. • Between 1830 and 1850 world trade doubled and between 1850 and 1880 it trebled; • World trade expanded by 40% between 1881 and 1913, but only grew by 14% between 1913 and 1937; • From 1945 until the 1960s world trade was growing by 8% per year — nearly doubling every decade; • During the 1970s trade grew at about half...