Question

globalization is aboom are bloost.explain
​

Answer 1

Answer:

The men who run the global corporations are the first in history with the organization, technology, money, and ideology to make a credible try at managing the world as an integrated economic unit .... What they are demanding is in essence the right to transcend the nation-state, and in the process, to transform it.

-- Richard Barnet and Ronald Muller (1974: 13,15-16)

Full integration will be reached only when there is free movement of goods, services, capital, and labour and when governments treat firms equally, regardless of their nationality.

-- The Economist (March 27, 1993: 7)

Corporations have emerged as the dominant governance institutions on the planet, with the largest among them reaching into virtually every country in the world and exceeding most governments in size and power.... The past two decades have seen ... a conscious and international transformation in search of a new economic order in which business has no nationality and knows no borders.... It has become a matter of pride and principle for corporate executives to proclaim that their firms have grown beyond any national interest