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fts and global economy 转变与全球经济

It is apparent that many global economic shifts have been characterized with great transport and telecommunication innovations. One of these innovations is the development of microprocessor. The functions of computer Central Processing Unit are incorporated in a microprocessor. Microprocessors have been used in information processing and carrying out various functions like calculations and arithmetic which has made work easy. Microprocessors have improved information processing. Huge data entered into a microprocessor can be

Processed into meaningful information in seconds. This has aided in making decisions concerning international trade.

The development of internet has also aided globalization of world economies. The internet simply defined as the worldwide interconnection of computers has converted world into a global village. Many economic agents in different economies have utilized trade opportunities offered through internet. An economic agent located in Asian economies can post his/her orders in the internet. These orders can be processed online by an economic agent located in U.S and transactions made online and international trade take place.

The development of jet air travel has reduced travel time. International trade on highly perishable goods like flowers has been made possible. Transportation of goods and people has been made faster. International labor mobility has been improved and made faster.

The change in world order 世界秩序的变化

The democratic revolutions against communism saw the fall of Soviet Union which was dissolved by the former Russian president Boris Yeltsin in 1991. East Germany was reunited with western Germany and communism rule was done away with. Communism rule could not withstand great revolution in countries like Poland, Hungary Czechoslovakia, Romania, Bulgaria and Romania. The revolution against communism regimes was lead by political groups and civil societies who were opposed to the communism ideologies. U.S. policies to hinder expansion of Soviet Union in eastern and central Europe had succeeded. This marked the end of cold war. U.S economy has since sought to expand its economic and political relations with the countries which were under Soviet Union. She has been intensifying her support in terms of scientific and information technologies. Her culture has also been imparted to these countries. Many countries which were under Soviet Union have become independent. They are also no longer one political bloc. Ukraine, Lithuania, Georgia, Azerbaijan, Tajikistan, Belorusse, Estonia, Latvia, Kazakhstan, Moldova, Uzbekistan, Russia, Armenia, Kyrgyzstan and Turkmenistan are no longer under Soviet Union. Czechoslovakia also split into two states which are Czech and Slovakia republics. Yugoslavia was split in 1991 after Slovenian and Croatia declared their independence. Bosnia, Serbia and Montenegro were also formerly part of republic of Yugoslavia which was allied to Soviet Union. All these marked the disintegration of the powerful Soviet Union. Since then, U.S has become a superpower and she has a great influence to world economy.

Major non violent demonstrations have occurred in China and Latin America. In China the civil activists have been pressurizing for more political freedom, extension of individual rights and shaping of national policies. They have been resisting forc