Who Gains and who loses from globalisation?
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The UK government's Department for International Development (DfID) recently produced a white paper which defines globalisation as: 'The growing interdependence and interconnectedness of the modern world through increased flows of goods, services, capital and information. The process is driven by technological advances, and the reductions in international transactions, which speed technology and ideas, raise the share of trade in world production, and increase the mobility of capital'.
Integration of the world economy, known as the globalisation process, could potentially offer developing…
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- Who Gains and who loses from globalisation?
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