Globalization promoting economic growth in acountry
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The overall result showed that globalization promotes economic growth. The economic and social dimensions have positive impact on growth whereas political dimension has no effect on growth. ... The result indicated that the positive effect of globalization on growth is larger than the effect of investment on growth
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By increasing the size of markets through globalization, these countries can be benefited from economic of scale, lower cost of research and knowledge spillovers. ... It has raised productivity and innovation, supported the spread of knowledge and new technologies as the important factors in the process of development.
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