what are your own comments and opinions about Economics Globalization is Irreversible?
not less than 100 words.
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what are your own comments and opinions about Economics Globalization is Irreversible?
not less than 100 words.
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Economic globalization is an irreversible process due to the growing demands in every facet of globalized markets from both developed and developing nations and economic policies of various nations have suppressed the impetus for their own economies to move forward thus debunking theory of economic globalization. Globalization is an inevitable and irreversible trend. However, we can take part in giving it shape to be more people-centered, inclusive and sustainable,” It reflects the continuing expansion and mutual integration of market frontiers, and is an irreversible trend for the economic development in the whole world at the turn of the millennium. Globalization is irreversible because it results from a powerful innovation trend which is not about to stop. It also corresponds to real aspirations of economic agents, even if some of them are not always conscious and if sometimes they refuse to admit it.