1. globalization
... America, Europe, East Asia) have benefited from globalization, while in the past two decades many semi- and non-industrial countries of the geo-political South (i.e., Africa, parts of Asia, and Central and South America) have faced economic downturns rather than the growth promised by economic integration. Globalization should be encouraged for developing countries too. The uneven distribution of resources makes all ... interconnected. It is seen not only as an economic process, but also as one in which values are becoming more oriented to a global context and international institutions...
- Word Count: 365
- Approx Pages: 1
- Grade Level: Undergraduate