Abstract:
With the transition into the 21st century, mankind has witnessed the emergence of a new world-order that is global, yet not so integrated in the sense that it is an order that puts most of the world’s populations in contact with one another. But still there are some barriers between different groups of countries and between peoples within the countries. The diversity of changes and trends in economy that can be observed as a consequence of the new world order indicates that an accelerated, segmented, and uneven process of globalization is underway at present. To-date, the major transformations taking place in the patterns of world-economic interdependence are mainly due to advances in communication and information technologies, globalization of financial markets and changes in trade-patterns. The scientific advances and technological innovations have acted as enabling-factors toward globalization. Of course these changes have created both opportunities and challenges for young researchers, especially those in the developing countries.
Page(s):
101-127
DOI:
DOI not available
Published:
Journal: Proceedings of 11th COMSATS Series of Publications on Science and Technology, Volume: 0, Issue: 0, Year: 2007