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What is Economic Globalization: Trends & Risks about?

This document discusses economic globalization and its trends. It states that economic globalization, defined as increasing interdependence between world economies through trade, capital flows, and technology spread, is an irreversible trend driven by advances in science/technology and the spread of market economies. Technological progress has reduced transportation and communication costs, enabling coordinated global production networks. Multinational corporations have also become major players organizing

Author

Mark Albaño Alvior

Language

EN