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?
1
Expert's answer
2012-05-18T07:31:29-0400
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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