New Growth Models

What is globalization anyway?

What is globalization

Let's find out what is globalization Image: REUTERS/Nicky Loh

Alex Gray
Senior Writer, Formative Content
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New Growth Models

A farmer holds organic coffee beans at a coffee field in the mountains of Peru's central jungle city of Chanchamayo August 11, 2008. Coffee production in Peru, the world's largest exporter of organic coffee, is booming as growers focus on quality, develop niche markets and find ways around walls that can block growth. Picture taken August 11, 2008. REUTERS/Enrique Castro-Mendivil (PERU) - RTR21CJO
Image: REUTERS/Enrique Castro-Mendivil

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A ship is loaded with containers at Sydney's Port Botany container terminal March 4, 2013. Australia's trade deficit shrank by much more than expected in February to its smallest in 14 months thanks to higher prices for resource exports, a likely boost to profits and incomes that also gave the local dollar a lift. Wednesday's figures from the Australian Bureau of Statistics showed exports climbed 3.3 percent overall to a seasonally adjusted A$25.64 billion, the highest total in eight months. Earnings from farm goods, coal, metals and iron ore all increase in the month thanks in part to rising prices. Picture taken March 4, 2013. REUTERS/David Gray (AUSTRALIA - Tags: BUSINESS) - RTXY7G5
Image: REUTERS/David Gray

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New Growth ModelsFinancial and Monetary SystemsEconomic Progress
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