"In the middle of the sixteenth century, Spain was the incubus of Europe. Gloomy and portentous, she chilled the world with her baneful shadow."

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The raw fact is that every successful example of economic development this past century – every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living – has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.

— Paul Krugman