Nevertheless, Princeton University professor Robert Gilpin argues that though economic globalization seems to be irreversible, nations' various economic policies have suppressed the impetus for their own economies to move forward, which he states has been shown in the past, thus debunking Shanquan's theory of economic globalization as a primarily irreversible phenomena.
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The ideas of neoliberalism and the institutions promoting economic globalization dominated the political agenda of the world's then leading trading nations: the United States under President Ronald Reagan and Great Britain under Prime Minister Margaret Thatcher, both strident Conservatives.
The protests set for the Washington Trade and Convention Center in Seattle sought to emphasize 21st century free trade as promoted by the supporters of economic globalization, the World Bank and the International Monetary Fund (IMF).
David Redmon's 2005 film of cultural and economic globalization, Mardi Gras: Made in China, follows the production and distribution of beads from a small factory in Fuzhou, China to the streets of New Orleans during Carnival.