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Globalisation is one of the most debated issues of the day. It is everywhere on TV, on websites, learning journals, labour meeting rooms and in organization's boardrooms. Remarkably, for so widely a used term, there does not appear to have a precisely agreed definition. One of the frequently used definitions is that globalisation refers to the growing integration of societies across the world, it has taken many forms and it is difficult to discuss it in a general way. However most of the times the term is used is to refer to the economic integration of the world markets. Therefore our main discussion will be on the economic integration of the world and what negative effects of globalisation are, especially the negative effects Palast (2002) argues that globalisation impoverishes the world's poor, enriching the rich and devastating the environment, while few supporters see it as a fast way to universal peace and prosperity.
Many developed countries started to liberalise in the......

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Approximate Word Count: 843
Approximate Pages: 4 (250 words per double-spaced page)

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