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why does the quote inserted make sense for this paragraph (essay format) , In Stanley Fischer's seminal work, Globalization and Its Challenges, he provides a
why does the quote inserted make sense for this paragraph (essay format) , In Stanley Fischer's seminal work, "Globalization and Its Challenges", he provides a comprehensive analysis of the multifaceted aspects of globalization, encompassing economic, political, and social dimensions. Economically, Fischer posits that globalization has been primarily driven by policies that have opened economies both domestically and internationally. This economic liberalization has been facilitated by technological advancements, which have made it possible for goods and services to be produced more efficiently and cheaply. As a result, there has been a significant increase in trade and investment flows between countries, leading to a higher degree of economic integration. As the author states, '"To quote Dani Rodrik, "No country has developed successfully by turning its back on international trade and long-term capital flows." To say that it is not say that immediate full trade liberalization is necessarily the best policy for a country, nor that the opening to trade is sufficient for growth, nor that the accompanying policy framework is irrelevant. Indeed the accompanying framework is essential. It is to say, however, that countries that want to grow should as a key part of their policy framework orient themselves toward integration into
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