The concept of globalization refers to the growing interdependence of countries, resulting from the increasing … process are the international trade and the cross-border investment flows. Economic globalization has increased the … specialization of workers, while the companies compete in global markets. Even globalization has recently become a common topic in …

Empirical evidence points to globalization to be favorable for the growth and development of a nation. For the … trade openness and globalization, nations share and gain access to knowledge and technology, inputs of lower costs, new … markets, and talents, which improve domestic economic processes. Over the years, however, skepticism about globalization …