Globalization may comprise of economic integration,political integration & social integration
growth and globalization have an identical-support relationshipwhere higher growth encourage a bigger amount of trade inﬂows and outﬂow
the stress is on the quantitative aspects in respectof inequality, wage levels and jobs.
in the profession of economics itis considered that the openness to international trade speeds up the economicgrowth
examine globalization of economyusing the statistic of global integration of markets including foreign direct in-vestment (FDI), international trade, international ﬁnancial ﬂows, informationand communication technology (ICT) and actions of transnational companies
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