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Globalization: For Who and For What? ... It is therefore from this aspect that the concept of globalization was conceived . ... Since then, a number of policies aimed at regulating the globalization and trade liberalization have been developed ever since and reviewed now and then . ... The paper anticipates that as a consequence of the increased globalization of the economy, small and medium scale industries face the inevitable new challenges. ...
International Monetary Funds (IMF) has recognized that globalization is a multi-faceted process which involves economic and social, political and environmental, cultural and religious sector. Globalization affects everyone in some way or another. The implications of globalization involves trade and investment flows that interest economists, changes that we see in our everyday lives such as ease with which one can talk to people around the globe, ease and speed with which data can be transferred from one point to another around the world, ease of travel, ease with which one can see and get news as well as cultural events around the world.
Approximate Word count = 743
Approximate Pages = 3
(250 words per page double spaced)
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