The International Industrial And Financial Business Structure

Within an advancing world, global economic development has become a common public good. A concept driven by global economic trade, globalisation can be defined by actions of development, investment, technological advancement and global communication. The ‘international industrial and financial business structure’ of globalisation has provided foreign economic opportunities of investment. Through adopting adapted versions of globalisation, some developed nations such as the United States has seen continued success. However, the negative ramifications of globalisation for developing nations has produced a less favourable side to the debate and to the definition. The dramatic transformation of introducing developing countries into the modern international trade market has hindered the stability of these nations economics. However, potential adoption of proposed globalisation methods could overcome this hindrance. Definitions of globalisation by notable figures and the condu ct of case work within Vietnam and India presents both sides of the debate: how globalisation has both helped and hindered developing countries. The term globalisation is broad when concerning areas such as economics, politics and social behaviour in development. 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