| Literature DB >> 25580035 |
Heather Berry1, Mauro F Guillen2, Arun S Hendi3.
Abstract
We analyze convergence across countries over the last half century as a result of globalizing forces. Drawing on theories of modernization, dependency, the world-system, political trade blocs, and the world-society, we consider economic, demographic, knowledge, financial, and political dimensions of convergence. Using a new methodology, we calculate the minimum volume ellipsoid encompassing different groupings of countries, finding that during the 1960-2009 period, countries have not evolved significantly closer or similar to one another, although groups of countries based on their core-periphery status or membership in trade blocs exhibit increasing internal convergence and divergence between one another.Entities:
Keywords: Convergence; Divergence; Minimum Volume Ellipsoid (MVE); Regional Integration; Semi-globalization; Trade Blocs
Year: 2014 PMID: 25580035 PMCID: PMC4286895 DOI: 10.1057/jibs.2013.72
Source DB: PubMed Journal: J Int Bus Stud ISSN: 0047-2506