But it's always dangerous to use the trend established in the prediction of the future. The world may move to the world economy more and more. But globalization is inevitable.The signal is periodically, such as enter retreat from economic liberalism in Russia. Russia has huge economic pain experience as it tries to change from planned economy to market economy, from the central
.In addition to its own risk. The globalization, more and more It shows the attention in 1997 and years 1998 when the financial crisis in the first spread to other countries. In East Asia, and then in 1998.In the end the crisis threatened to jump the economy of the developed countries, including the United States into recession. We explore the causes and effects of this and other similar financial crisis the world in Chapter 10.The chance of doing business in the global economy could be increased significantly, but as we saw in the 1997-1998 risk associated with infection of global financial also more and more. Also described later in this book.Can take advantage of the opportunities associated with globalization, while at the same time to reduce the risk through the risk management strategy, proper
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