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Globalization has changed us into a company that searches the world, not just to sell
or to source, but to find intellectual capital—the world’s best talents and greatest ideas.
—Jack Welch
BACKGROUND
The widespread scholarly emphasis on the economic dimension of globalization
derives partly from its historical development as a subject of academic study.
Some of the earliest writings on the topic explore in much detail how the evolution
of international markets and corporations led to an intensified form of global
interdependence. These studies point to the growth of international institutions
such as the European Union (EU), the ...