Analyze the article. Explain what the article is about, the main issues, address any problems. 400 words or more. Please make sure it is graduate level work.Link:http://www.economist.com/node/...

Running Head: GLOBALIZATION 1
Analysis of the article „Globalization‟
Student‟s Name
Course Name
Instructor‟s Name
Date
GLOBALIZATION 2

Analysis of the Article- “Globalization”
The article explains „globalization‟ and the factors that foster globalization. This term has
been in use from around 1944 but came in notice in 1983 because of an article named “The
Globalization of markets”, published in Harvard Business Review by Theodore Levitt. And now
the level of proliferation of this concept can be estimated from the fact that even the least of
developed countries are connected to the most developed countries through the routes of trade.
And the global trade has increased substantially which is proved by the high percentage of cross
border trade in the total global GDP.
Though the use of the word „globalization‟ has been prevalent since a long time but there...