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At the beginning of the 21st
century the world is in a unique and unprecedented situation. In every
facet of human endeavor, from science to commerce, religion to culture,
and from politics to media, human interactions are increasingly
interrelated, mutually interactive, and occurring at a global level. This
process of cross-sectoral and international interaction is known generally
as globalization, particularly in financial and business spheres where
market economics, combined with advances in science and technology, have
literally subsumed the entire world into a single increasingly integrated
system with profound cultural, environmental, and societal implications. |