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Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

Zhang-Rauch (p. 64-70)

Alam-Yasin (p. 71-78)

Mattare-Monahan-Shah (p. 79-94)

Nonis-Hudson-Hunt (p. 95-106)

JOURNAL OF APPLIED BUSINESS AND ECONOMICS

The Most Recent Crisis of Capitalism: To What Extent Will it Impact the

Globalization Process of Recent Decades

Author(s): Hamid Hosseini

Citation: Hamid Hosseini, (2011) "The Most Recent Crisis of Capitalism: To What Extent Will it Impact the Globalization Process of Recent Decades," Journal of Applied Business and Economics, Vol. 12, Iss. 3, pp. 69 - 74

Article Type: Research paper

Publisher: North American Business Press

Abstract:

The paper tries to demonstrate that the globalization process of recent decades has been

weakened during the recent global recession. This process of deglobalization, the paper

demonstrates, can be seen in the decline of international trade, the rise of protectionism, and the

decline and certain changes in the pattern and destination of FDI. Prior to demonstrating the

above, the paper discusses the various dimensions and relative severity of this recent crisis,

which began during the last few weeks of 2007. By providing various historical example of

capitalist crisis in the United States or in England it argues that capitalism has frequently

witnessed altering periods of prosperity and recession or depression, often marked by a crisis of

finance.