NDU
Economic Globalization

By : Elias Barakat

Instructor : Dr Queen Salame

Outline :
1- Introduction , Page 3
2- The effects of economic globalization on developing countries , Page 4
3- Advantages and disadvantages of economic globalization , Page 6
4- History of Globalization , Page 9
5 - Factors Contributing to the Rise of Globalisation in the Early 1980s , Page 11
6- Conclusion , Page 14
Index , Page 14

Introduction:
Economic globalization is a worldwide phenomenon wherein countries’ economic situations can depend significantly on other countries. Many allied countries would supply resources to each other that the other countries do not have. These resources can cover imported products, technology, and even human labor. Many people have observed that this phenomenon may lead to a “one-world government,” which consists of a centralized government for all nations.
The nature of globalization and global economic change has been a subject of immense academic research during the past two decades. It is more a phenomenon in need of explanations than a universal cause of empirically observable outcomes in the so-called globalization theory.1*

1*Check references page
The effects of economic globalization on developing countries 1- Increased Standard of Living :
Economic globalization gives governments of developing nations access to foreign lending. When these funds are used on infrastructure including roads, health care, education, and social services, the standard of living in the country increases. If the money is used only selectively, however, not all citizens will participate in the benefits.

Access to New Markets
Globalization leads to freer trade between countries. This is one of its largest benefits to developing nations. Homegrown industries see trade barriers fall and have access to a much wider international market. The