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Globalization

Globalization is a process marked by increasing interaction among individuals, organizations, and governments from different parts of the world. Various trends in the modern world are described as both causes and manifestations of globalization. For example, rapid increases in global Internet use and other recent technological advances contribute to the accelerated pace of international trade and finance, resulting in global demand and supply of Internet-based communication technologies. Such trends lead to greater standardization across national trade laws, tax systems, and monetary and fiscal policies. Globalization is most commonly associated with trends pertaining to global economics, many of which affect education, both directly and indirectly. “Western” aid organizations may, for example, offer financial assistance to developing countries conditioned on implementation of “Western” educational policies, thus affecting ...

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