Bullettin n. 1/2011 | ||
June 2011 | ||
Giulio Sapelli |
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Globalization Changes its Course | ||
in Equilibri , anno XV, n. 1, aprile , 2011 , 63-67 | ||
A new commodity super-cycle has just started, and it has surprised all the observers. It is driven by a variety of factors, but mainly by agricultural and food products and oil. Globalization changes its course as negative growth and the increase in the cost of money paves the way to protectionisms and interstate conflicts. | ||