Introduction
Globalization has allowed for the birth and nurture of an increasingly open, integrated, and borderless international economy wherein not only international trade goods and services grew, but also “exchanges of currencies, capital movements, in technology transfer, in people moving through international travel and migration, and in the international flow of information and ideas” (Intriligator, 2003, p. 2). Economic globalization, in particular, was defined by Chase-Dunn (1999) as that globe-spanning economic relationships manifested through the interrelationships of markets, finance, goods and services, and networks created by the transnational corporations.
In the paper writer by Gissinger & Gleditsch (1999), it was ...