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"East Asia has both greatly benefited and greatly suffered from the effect of globalisation". Discuss.  

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"East Asia has both greatly benefited and greatly suffered from the effect of globalisation". Discuss. To many people globalisation is a very recent phenomena, no one had really spoken about it in terms of it being a global issue, or problem. However, the term and definition of it have only come to light recently, as the spread of western ideas have transfixed much of the globe. Globalisation is more of a process than an occurrence, it is not so much that it is the cause of the issues in this essay, but a term used to describe the spreading of a trend, that of capitalism. Fundamentally, the term is about increasing levels of connectivity, integration and interdependence between different parts of the world economy, politics, society, and culture. As I have said views on the benefits or drawbacks of this effect vary greatly, as is shown by Singapore's Deputy Prime Minister...

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