ind and analyze an example where Globalization has impacted a region for the better or for the worse.

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Business Finance

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Answer the following question: (about 500 words)

Find and analyze an example where Globalization has impacted a region for the better or for the worse. To get inspired, see the following article in The Economist, first:

There are several reasons why the poorer regions of rich economies did not adjust as well to the winners-take-more geography of globalisation

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Explanation & Answer

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Globalization
Student’s name
Institution

Globalization in Africa
As much as globalization has contributed to the growth and increase in wealth, it has not
covered all countries and continents. Africa in particular and other least developed countries
have been worsening and the imbalances have aggravated poverty and impeded development.
These countries are completely marginalized and their rate of trade can confirm this.

The external debt exacerbates the situation and the promises of official assistance that are
not fulfilled when reforms and development efforts are not possible without being given the
financial support...


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