Features of Contemporary Global Economy
There has been a lot of controversy over the characterization of the global economy. According to Wallerstein , the timeline after 1945 till today represents the economic cycle which has both the upwa...
Globalisation in Terms of Social and Economic Trends
Globalisation is not a single phenomenon. It has become a catch-all concept to describe a range of trends and forces changing the social and economic structures of the world. Globalisation may be defi...
Introducing Economic Development: a Global Perspective
There are two type of family in the world: the wealth family and the poor one. It is said that over 40% of the world’s population lives on less than $2 per day, as a part condition of absolute pover...
Role of Financial Institutions in the Global Economy
Globalization has sparked a revolution in information and communication technology, resulting in the emergence of an era that boasts the arrival of new levels of global interconnectedness. As a result...
World Trade Organization Changing Global Economy
Global trading has been a part of the world since the 1940s. As trade between countries began to grow so did the need for some sort of international commerce. In 1948, the International Trade Organiza...