But, maybe the last phase of globalisation, which began after the election of Margaret Thatcher, and Ronald Reagan, gives the better definition of this phenomenon: the free market. ... Moreover, developed countries had a lot of time to adjust their economies to imports of agricultural products and textiles while developing countries were pressured to open their boarders immediately to the West after the decolonisation. ... After the First World War, the IMF had the mission to create an economic stability for a world that suffered of the war but after several years its goal changed and the mos...

• Word Count: 6472
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate

After the independence war against the Dutch, led by Sukarno, the idea of using the military to administer and develop the vast nation was formulated. ... Sukarno was one of the leaders of the Bandung Conference in the mid fifties that brought together newly-independent Third World nations for the first time, in order to reject the Cold War, started by Churchill after World War II. ... After Suharto assumed the presidency, inflation was brought under control through 'belt-tightening' measures. ... After the Second World War, the only viable economy left in the world was the Americ...

• Word Count: 3054
• Approx Pages: 12
• Grade Level: Undergraduate

Emerging Markets Index of Morgan Stanley's consists of Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. Some of the Developing countries are known as the emerging markets. Their contribution to the global economy is increasing at a fast pace. Investing in emerging markets is a wise decision as the growth can be witnessed and also have better return on investment for future. It is anticipated that Emerging economies will mature two to three times more rapidly than develop...

• Word Count: 3134
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate