1. How globalisation affects different economies
Overall, transition economies have been negatively impacted by global trends, with economies in Europe and Central Asia experiencing an average fall in economic growth of 1.0% per year during 1990-2001 in contrast with an average 2.1% growth rate in the 1980's. ... For instance, the USA has a GDP/capita of $35,530, compared to an economy such as Pakistan with only $440. ... From 1990 to 2001, the level of economic growth worldwide was lower than in the previous decade, with an average growth rate of 2.7% for the world economy compared to 3.3% in the 1980's. ... Transition economie...
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- Grade Level: Undergraduate