Globalisation

Abstract Globalization is a worldwide phenomenon where there is growth in the interconnectedness of the economies of the countries in the world. The signs of globalization can be seen from the increase in volume of international trade, the increasing number of trade agreements between countries, the growing interdependence between financial markets and more globalized workforce. More than just economic factors, globalization also has a great impact on sociocultural aspects. Globalization has helped reduce poverty in …

…np/exr/ib/2000/041200.htm#V [2005] 5.<Tab/>Phatak A.V., B. R. S., Kashlak R.G. (2005) International Management, McGraw-Hill Irwin, New York. 6.<Tab/>Robertson, R. F. a. A. F. (1990) Beyond the marketplace : rethinking economy and society, Aldine de Gruyter, New York. 7.<Tab/>the Danish Minister of the Environment: EU can solve environmental problems [Online], Available: http://www.eu2002.dk/news/news_read.asp?iInformationID=24292 [2005]