Globalization may have considerable beneficial and detrimental effects

Globalization may have considerable beneficial and detrimental effects

Globalization may have considerable beneficial and detrimental effects on various countries. Using what you’ve learned from this module, share your thoughts on the economic and political impact of globalization on the Russian and U.S. economies. As you address this topic, please also discuss the relationship between U.S. and Russia in the past 10 or so years, and discuss where you see it going.

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Globalization has been very influential in both the US and Russian economy. In the cost of the recent past, the two nations have been doing quite well following the endorsement of globalization. Economically, the US has been at the top; it has maintained this position for many years. The US has been undergoing notably excellent economic performance. The economic expansion has been experienced in the last eight years (Kriesi et al., 2006). Following the increased economic growth, the rate on employment has reduced by 4.5%; for example, there were more than three million job vacancies created. On the other hand, Russia has not been left behind, through globalization, the investors have been encouraged to invest locally, and this has been affecting the economy of a country in a positive way. However, statistics on exports………………..

APA 387 words