What Makes a Company Global
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The current worldwide economic crisis is showing in dramatic fashion lust how global the economy has become. What began as movements of capital out of a few developing countries has become a full-blown Asian recession that threatens to engulf the West as well Financial and product markets are far more interconnected than ever before. Even in the early part of the twentieth century, a supposed heyday of globalization, only a small number of countries handled most of the currencies and goods being traded. As we enter the next century, it is fair to say that nearly all countries are navigating a single economic sea.