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Globalization Redefines the World

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Globalization and its consequences on trade and international finance have powerful effects on national economies. They favor the progression of emerging countries to the detriment of others Third World countries —forced to wait for emerging countries to outsource what they no longer intend to produce— and increase internal economic inequalities everywhere. These inequalities, as well as the migratory pressures, are urgent issues in this globalized world.Pierre-Noël Giraud is a Professor of Economy at the École nationale supérieure des Mines of Paris. The subjet of his studies are the consequencies of Corporate Globalization, of industrialization of emergent countries and of durable development.

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