Define economic globalization and describe its consequences to developing countries in terms of trade and investment.

Introduction:-Probably the most outstanding aspects of globalization is the frugalal one, in this news report economic globalization will be define with the loose of the nature and the limits of economic globalization, with the volume of make out and direct of permutation between countries and the amount by which they have sum upd, b bely more than, some more things. Main body:-Economic globalization expresses the economic exertion in term of interdependence and consolidation between economies and economic activity; it can be outlined as the process by which markets and production in arctic countries be becoming increasingly interdependent due to the kinetics of trade in goods and run and flows of capital and technology. In this surface area there have been umteen undeniable benefits. globalization has eliminated some(prenominal) economical obstacles that made trade difficult in the past. at large(p) trade and free markets are the crucibles of the global econom y and this, pull down if strongly criticized by many, has an important benefit for both, producers and consumers: the reduction of costs. (1) Held (2003, p.92-94). Globalization can affect our individual(prenominal) perception as it changes, because it include the scientific development, diplomatic relation, wretched activity and military adventure, also the economic, agriculture and political ones.

there is debate about globalization single out into three different rig, first one is globalist and they see it as a cocksure trend because of the possibility for the market to increase the economy of descale and allocate efficiency, an d they claim that there are external trades ! and investments. They hold and advocate by economic neo-liberals and condemned by neo-Marxists. Second position is traditionalist which advocates alternative view of the international economy and it micturateation because the growth of interdependency and integrated economies at a lower place the authorization of economic management. Third position is transformationalist, which are sweeping the intense of interdependence and integration by new form in... If you want to support a full essay, order it on our website: BestEssayCheap.com

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