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Answer to Question #9610 in Macroeconomics for Kris Tully

Question #9610
What are the underlying forces that have accelerated the process of globalisation in recent decades and are continuing to do so?
Expert's answer
The underlying forces that have accelerated the process of globalization in recent decades and are continuing to do so are the following:
information and communication technology progress;new financial technologies;growth of the international capital market;changes in thinking (the transition from local to international and global) of managers and senior officials of various companies and institutions;culture development that is reflected in the globalization of the media.

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