Is Your Refrigerator Running? Then Welcome to Globalization

18 Nov

In light of the recent Oxford Word of the Year (locavore: those who eat only locally grown food), check out the link between refrigerator ownership and the rise of globalized supermarkets from Professor Sitaraman:

My argument was that increase in bulk shopping or weekly shopping is associated with globalization as well as increase in appliance sales in developing countries. For instance with the growth in appliance sales, particularly refrigerator ownership in developing nations, small farmer markets selling locally grown produce has been declining.



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