2013 | OriginalPaper | Chapter
The Global Economy (or Economic Globalization)
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The antecedents of global economy are a highly debatable and important cultural and political issue. Understanding its roots may help clear the air for a better understanding of what global economy really is or is not. Social change, big or small, either positive or negative, even with ostensibly abrupt revolutions, almost never occurs in a historical vacuum. That certainly seems true for the current state of global economy or economic globalization.