Globalization —broadly defined as increasing worldwide integration and interdependence, based on the flow across national borders of goods, services, capital, people, ideas, cultures, and values—has been an enduring driver of change and development. While the overall trajectory of increased worldwide engagement and interaction has been sustained over many hundreds of years, the process has not been smooth or continuous. A hundred years ago, in the buildup to World War I, many decades of global economic integration—sometimes referred to as the "Golden Age"—were rapidly reversed: Me...

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Thursday, 3 March 2016, 8:25 AM 0 Comments