Describe The Global Economy Of The 21st Essay Example

Describe the global economy of the 21st century. What will it look like? Which countries will be dominant? The global economy of the 21st century is reflecting many more multinational companies. Much cross border trade and investments is becoming more and more visible. More and more companies, that in the past have not really been looked at as a developing nation, are now developing nations with “large economies, and their firms are major players in many global industries from shipbuilding and steel to electronics and chemicals. ” (Hill, p. 4) Less stringent global economic policies are becoming more wide spread and allowing for more and more cross border trade and investment. Technology such as the internet also allows for much easier multinational economic exchanges. Countries that rise as dominant in the 21st century include those that move towar