Economic globalization is an Irreversible Trend Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies. It reflects the continuing expansion and mutual integration of market frontiers, and is an irreversible trend for the economic development in the whole world at the turn of the millennium.
The rapid growing significance of information in all types of productive activities and marketization are the two major driving forces for economic globalization. In other words, the fast globalization of the world’s economies in recent years is largely based on the rapid development of science and technologies, has resulted from the environment in which market economic system has been fast spreading throughout the world, and has developed on the basis of increasing cross- border division of labor that has been penetrating down to the level of production chains within enterprises of different countries. Global Mental Mealth Institutions: Global Environmental Research Organization International Psychoanalysis Research Organization International Psychology Research Federation International Smart Cities Organization International Neurosciences Research Organization Fédération Européenne des Neurosciences, Psychanalyse et Santé Mentale International Neuroethics Research Foundation International Human Genome Research Organization +1 323-841-09-86 WhatsApp
