Globalization Studies. International College Khon Kaen University 2011 Week 3 – Economic Globalization. Economic Globalization. The world is moving away from self-contained national economies toward an interdependent, integrated global economic system
Week 3 – Economic Globalization
1) the globalization of markets (the global marketplace)
2) the globalization of production
3) rapid increases in the flow of capital between countries
4) the growth of multinational corporations
“If you want to do well, sell people what they need; if you want to get rich, sell people what they want”
Is this shift toward a more integrated and interdependent global economy a good thing?