... been managed. Globalization has come in waves, with the first great modern wave in the 1870-1910 period. The first wave of globalization came to an end with World War I and the great depression. The second wave from 1950 to 1980, saw unprecedented integration among rich countries, while most developing countries chose to restrict their involvement in foreign ... these countries have been handicapped by unfavorable geography, such as being landlocked and prone to disease. Others have been "handicapped by weak policies, institutions, and governance; yet others by civil war" (Dollar, Collie...

• Word Count: 1685
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate