CONVERGENCE vs HOMOGENIZATION


"Convergence/Homogenization"

(1) Economic convergence (graphic)

(2) Democratization and Free Markets

(3) Market-oriented Convergence

(4) Macroeconomic Convergence

(5) Cultural Convergence

"Interconnectedness/linkages"

(1) Global Production ("commodity chains")

(2) Global Finance (graphic)

(3) Global Technology