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Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
Factors that contribute in biodiversity loss include climate change and greenhouse gas emissions that exacerbate the hotspots across Africa; as the continent comprises eight hotspots out of 36 on earth including: Succulent Karoo, Horn of Africa, Madagascar, Guinean Forests Of West Africa, Coastal forests of eastern Africa, Afromontane, Cape ...
Trans-Saharan trade is trade between sub-Saharan Africa and North Africa that requires travel across the Sahara. Though this trade began in prehistoric times, the peak of trade extended from the 8th century until the early 17th century CE. The Sahara once had a different climate and environment.
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...
The Chaining of a Continent: Export Demand for Captives and the History of Africa South of the Sahara, 1450–1870 Mona, Jamaica: University of the West Indies Press, 1992. Inikori, Joseph E. and Engerman, Stanley (Eds.) The Atlantic Slave Trade Effects on Economies, Societies, and Peoples in Africa, the Americas, and Europe. Durham: Duke ...
The historical origins of globalization (also known as historical globalization) are the subject of ongoing debate. Though many scholars situate the origins of globalization in the modern era (around the 19th century ), others regard it as a phenomenon with a long history, dating back thousands of years (a concept known as archaic globalization ).
World War I disrupted economic globalization, with countries adopting protectionist policies and trade barriers, slowing global trade. [7] The 1956 invention of containerized shipping and larger ship sizes reduced costs, facilitating global trade. [8] [9] Globalization resumed in the 1970s as governments highlighted trade benefits.
Africa’s share of global GDP has stagnated at 3.1% over the last two decades, with slow income convergence with developed nations. [66] [67] Despite better market conditions in 2024, access to finance remains a significant barrier to development. In sub-Saharan Africa, private sector credit dropped from 56% of GDP in 2007 to 36% in 2022. This ...