globalisation
An Essay on Globalisation
Globalisation is based on the concept that the globe is a single unit for decision-making. It means free movement of goods, services and capital throughout the world. It is accompanied by opening up of national economies to global markets with a simultaneous and corresponding reduction in the role of the State to shape national policies. However, in the context of globalisation, the interaction between developed and developing countries poses some critical …
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…University Press, 1998.
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