The Impact Of Globalisation On The Australian Economy

The impingement of Globalisation on the Australian Economy The Impact of Globalisation on the Australian Economy Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its root word as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. thither argon a number of factors that have aided this transformation. They include: The expansion of new markets foreign exchange and capital markets are linked globally. They operate 24 hours a day with dealings any where in the world possible in existent time.

Financial deregulation and the floating of the Australian dollar since 1983 escalate the impact of globalisation on the Australian economy. New technology and the tools of globalisation the internet, email, mobile phones, media and communication networks have all sped up the process of globalisation. They have increased the...If you want to get a full essay, order it on our website: Ordercustompaper.com

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