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This document discusses the concept of corporate globalization and structural transformation of the global economy. It argues that while there is no consensus definition of globalization, it can be understood as the ongoing dynamics of cultural diffusion on a global scale, led increasingly by multinational corporations. The global economy has evolved over time through two stages - the first involved increasing international trade within sovereign nation states, while the second stage involves a new economic

Author

Kashyap Bhatt

Language

EN