globalization

Explain How Globalisation Has Affected The Growth of International Business Introduction to Globalisation Globalisation is often referred as global Westernization. The great achievements of the west are now spread to the world, which is a huge benefit. Throughout history from the Renaissance, the Enlightenment and the Industrial Revolution, western countries has influence a great increase on living standards. But on the negative side, Capitalism of the west has policies that does not concern the poverty in the world. ( Lechner – Boli. 1998. 3 ) The world is moving into a new era of economy. In which there are no boundaries between countries to trade and invest a certain product. Distance will no longer be the issue, due to the increasing advances of transportation and telecommunications technology. Countries are dependent to each other, to create a global economic system. These process is knows as Globalisation, where it has made a significant change on today’s global econo...