What does the article globalization and its challenges

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What does this quote mean in the article, "Globalization and Its Challenges" by Stanley Fischer, "Globalization is much more than an economic phenomenon. The technological and political changes that drive the process of economic globalization have massive noneconomic consequences. In word of Anthony Giddens, a leading sociologist: "I would have no hesitation... in saying that many respects not only new, but also revolutionary...Globalization is political, technological and culture, as well as economic".

Reference no: EM133719288

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