NameCourseTutorCourseDateAdvantages and Disadvantages of Economic GlobalisationIntroductionGenerally ball-shapedization is the increased interconnection of different countries of the ball through stintingal , social , and political eventors . Since the 70s and the 80s , the world has release very rapidly global (World Bank 2002 . There has been a rapid increase in the development of applied science , chat networks and trade liberalisation . Economic globalisation is the increase economic interconnection between nations through enabled driving force of products services , great and technology . The development in communication networks and technology couple with the idea of merchandise liberalisation has led to easy movement of goods , services and capital across bs Economic globalisation is the increased economic amalgamation that has led to what is referred to as a global market place . The concept of a global market place refers to a single global market where there is free exchange of goods and services .
Economic globalisation has come out as a positive as well as a negative phenomenon in economic system (Friedman 2005 This essay is a discussion of the advantages and the disadvantages of economic globalisation . The initial part will cover the advantages and the second will be on the disadvantagesBackground informationEconomic globalisation covers the globalisation of production information technology , markets , businesses and organisations as well as competition . Despite the fact that the process of economic globalisation has been talking place for a long time , its speedy development began in the seventies and the 1980s . The current speed has been caused by the need...If you want to get a full essay, order it on our website:
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