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Developing economies have to balance globalisation’s benefits and costs. Increased competition can lead to better distribution and productivity but benefits are not shared equally because some sectors or regions grow faster than others. In Southeast Asia, rapid economic growth has reduced...
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Increased globalization over the last two decades has led to strong growth in international business activity and … international financial integration. This phenomenon covers a wide array of economic activities, including regional and … international integration, investment and trade, international financial shocks and disturbances. This paper takes stock of current …
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