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Words: | Submitted: Mon Jun 19 2006
... elimination of intra-community barriers to capital flows in the 1990s (on line). With the growth of new technologies, the expanding global marketplace, people, goods and services are crossing borders at ever-increasing rates. Economic globalisation, aided by the growth of new technologies, has provided new opportunities for economic growth. This has created enormous economic and social benefits to some countries, but not to others, and disproportionately to some groups within those countries. It has also reduced the regulatory authority of national and sub-national governments (the public sector) and increased the power and influence of transnational corporations (the private sector). The planet may be shrinking as far as business interests are concerned, but the gap between rich and poor within and between most nations is going in the opposite direction. This has profound implications for people in both the developed and developing world. This assignment will be focusing on analysing and ...
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