Globalization: Rich Countries Want Off, Developing Countries Want On

Looking at this graphic from a recent BBC poll asking whether or not people think economic globalization is moving too fast or not fast enough, I noticed that traditionally wealthy nations like Canada, USA in many cases seem to think that it is moving too fast, while newly industrializing economies such as Turkey, Mexico and the Philippines feel that globalization is not moving fast enough.

There may or may no be a solid correlation, but that is what jumped out at me on casual inspection(and it is actually addressed in the report, as well). Can we infer then that these countries have bought into globalization because they feel that they have more to gain from economic interconnectedness? That would be a pretty stark contrast to the prevailing wisdom that these countries oppose globalization as being exploitative and against their interests.

One Response to “Globalization: Rich Countries Want Off, Developing Countries Want On

  • 1
    josko
    February 8th, 2008 17:23

    I noticed that Russians are the most likely to think globalization is proceeding ‘just right.’ Party time!

    Imagine their hangover after they realize they’ve been riding a wave of high oil prices.

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