Question

Write essay on globalisation and 21st century

Answer 1

Globalization in the 21st Century

Recent decades of globalization have created a more inter-connected, interdependent and complex world than ever witnessed before. While global policy has focused on facilitating integration, the implications of growing interdependence have been largely ignored. The acceleration in global integration has brought many benefits, but it also has created fragility through the production of new kinds of systemic risks.