Sample Term Paper
In this period globalization as we know it started taking place in the world. In this period the world’s economy re-emerged and the ISI policies in the third world countries started to fall down.
Countries in the Middle East and the south East Asia underwent massive growth and development which changed the economic structure of the world form hence forward. Companies’ started investing in each the across the local boundaries. They also started to investing in and hiring personnel from across borders making way for massive immigration from the developing countries into the developed countries of the world. The markets of trade became the stocks and the oil from the Middle East and the issue of regionalism vs. globalisation was created in this period however certain countries like those in rural regions of Africa and Latin America fell behind others in the competitive race to fame and as a result are still struggling to cope up and establish themselves as self sustaining countries.
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