Reading task (self study)

GLOBALIZATION OF THE WORLD ECONOMY:
POTENTIAL BENEFITS AND COSTS AND A NET ASSESSMENT

According to the above lecture i took some important information about the potential benefits of globalisation.

Globalisation has different interpretations to different people

Electronic mail, the Internet, and the World Wide Web are some of the technological achivments

Globalization has been trade liberalization and other forms of economic liberalization

1) stabilization of the macroeconomy, 2) liberalization of prices 3) privatization of state-owned enterprise