various levels. Economic Dimension Basing free trade in its axis, there is no room for dubiety that this is the highest manifestation of Globalisation. It is evident that the process of economic Globalisation has in the recent past has been dominated by a group of developed countries like the US, Japan, China etc. Multinational corporations (MNCs) such as Google, Microsoft, Apple, McDonalds etc.
and international Organisations like IMF and World Bank are at the forefront as the global market determinants. According to Bottery, economic Globalisation can be aptly expressed as the convergence of three different factors. They are as follows: ) Increasing movement of capital around the world through information and technology. ) The prevalence of supranational bodies such as the World Trade Organisation (WTO), the World Bank, and the IMF.
) Increased influence of Transnational Companies (TNCs).