ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Economic Globalisation and Its Advance

Economic globalisation has made tremendous strides in recent decades as evidenced in the huge expansion in world exports, vast FDI flows and transnationalisation of production, among other factors. The first wave of globalisation was witnessed on a massive scale in the 19th century. However, there are several parameters distinctive to the contemporary process of globalisation, making it the kind of deep integration that was not seen in the previous period.

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