IGNOU IBO 1 2015 2016 - Globalization has not led to the world economic growth.

Question

Globalization has not led to the world economic growth.

10 Nov 2017

Answer :

Word Count : 199

As globalization has progressed, living conditions (particularly when measured by broader indicators of well being) have improved significantly in virtually all countries. However, the strongest gains have been made by the advanced countries and only some of the developing countries.

That the income gap between high-income and low-income countries has grown wider is a

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