"Globalisation has joined imperialism, colonialism, capitalism and communism in becoming an all purpose tag, which can be wielded like a club in almost any ideological direction. It is the defining political, economic and social phenomenon of the new millennium" Discuss. The world is shrinking. Not physically, of course, but socially, culturally and economically. The nations of the world are coming closer together in terms of cultural contacts and economic transactions (Taylor, Richardson, Yeo, Marsh, Trobe, &…showed first 75 words of 3834 total…

…showed last 75 words of 3834 total…by Country Type, 1960s-1990s (%) Source - (Dollar 2005) Figure 2 - Extreme Poverty in the World, 1820-2001 (millions of people living on less than $1 a day) Source - (Dollar 2005) Figure 3 - Global Gini Coefficient, 1820-1997 Source - (Dollar 2005) Figure 4 - Global Household Inequality, 1820-2050 (mean log deviation) Source - (Dollar 2005) Figure 5 - Wage Growth by Country Type, 1980s-1990s (%) Source - (Dollar 2005) Figure 6 - Growth in World Exports, World GDP and FDI, 1990-2001 Source - (Hill 2005)