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What is Globalisation about?

1) Federalism faces challenges in the era of globalization, as globalization puts pressure on countries to reform their economic and political systems and intergovernmental relations. This pulls federal governments in opposing directions of centralizing some functions of subnational governments while decentralizing others. 2) While globalization provides some functional autonomy and competition, it restricts the scope of independent fiscal policy for subnational governments. Respecting diversity of identi

Author

aunsarkar

Language

EN