Impact of Globalization on Developed and Under-Developed Countries

Excerpts from the Paper

Impact of Globalization on Developed and Under-Developed Countries
Globalization has radically transformed our world: national borders are more permeable than ever before, jobs have exited from some parts of the world to other parts of the world with astonishing ease, and we are far closer than ever before to a global homogenous culture thanks to the pervasiveness of American (and western) popular culture; it might also be said that the profusion of international monetary and financial organizations over the past several decades has brought us closer than ever before to a global government regime. The dramatic trends and phenomena occasioned by globalization has brought into sharp clarity all that globalization can produce – and has also...

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