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The Essence of the Economic Globalization推荐
xxx理工大学xxx学院2010届本科生毕业论文
1 The Essence of the Economic Globalization
Nowadays, every hole and corner of the world has been swept out to the wave of the
economic globalization, bringing a huge influence to the world culture. What is the Butterfly
Effect? We can see it clearly in the equity market of the Wall Street, which can totally cause the
fluctuation of the economy in the Eastern Hemisphere. The economic globalization accelerates
the development of the technology as well as the economic culture. With the depreciation of the
US dollar, we can see economic overheating in many countries, and the economic strength
becomes an effective means to control the currency inflation. Therefore, whether we can build a
multivariate culture will influence the foreground of the world culture.
As we all know, economic globalization is a natural progress where the human society
should across space obstacles to realize the amalgamation of capital, goods, technology, labor
and other production elements. This process began as early as the development of industrial
civilization, and developed with the expanding of such a mode of production in the world. At
the end of the 1990s, the tide of economic globalization changes the pattern of the whole world.
The information has made the Earth become smaller and smaller, breaking the obstacles of the
various economic activities. This is a beneficial side, while the downside is also very evident.
As it accelerates the economic growth, spreads the new technologies and improves the living
standards of both developed and developing countries, it can also violate a countrys
sovereignty, erode local culture and traditions, and threat the economic and social stability of
the less developed countries. In fact, the econo
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