Main features of globalization:

In recent decades there have been a number of significant changes:

World trade in goods and services has increased dramatically.

New industrialized countries have dramatically in Latin America and Asia (China, Brazil ...).

The financial system has been internationalized leading to a world capital market.

The pro-free trade policies have been imposed in most countries.

Large multinational corporations have played a key role in this economic process that has been supported by major international institutions like the World Bank or the International Monetary Fund.

The result of all these changes is the global economic interdependence. However, it should be noted that the strong economic crisis that began in 2008 has opened a period of great uncertainty that impede predict economic developments in the coming years.