A major development in the world economy in the 1990s was rapid globalization, particularly in the form of increased international flows of goods, services and finance, due to a number of factors, including policy actions by Governments, both collectively and individually, to liberalize trade and capital markets, and the privatization and deregulation of economic activities.
وقد جاء هذا نتيجة عدد من العوامل، بما في ذلك ما اتخذته الحكومات من إجراءات تتعلق بالسياسات، بشكل جماعي وإفرادي، لتحرير التجارة وأسواق المال، والتخصيص ورفع القيود عن الأنشطة الاقتصادية.