Please discuss, in writing, if globalization is making the world economy more or less cyclical? Why or why not?
Cyclicality economy goes through various stages:
Expansion
Contraction
Recovery
please explain the following questions.
Has globalization led to an increase or a decrease in the strength of the cycle?
Or
When one market is down, is it compensated by another that is up?
Why were people surprised at the simultaneous slowdown in the 2008 2009 crisis?
This is a paper, please have an introduction, thesis, and conclusion, thanks!
