What's economic globalization?

Economic Globalization: Trends, Risks and Risk Prevention. Gao Shangquan. read more

Economic globalization refers to the free movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital. read more

Economic globalization is the increasing interdependence of national economies that has resulted from growing levels of trade between nations. This integration of the world's economies is possible as a result of technological advancements that allow for quicker communication around the world, as well as drastically reduced costs of shipping goods. read more

Globalization is the result of this interplay between economic competition among companies, and political competition among nations to try to grow or attract these companies. read more