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By historical standards global poverty has fallen more in the last 50 years than in the past 500, and the welfare of people in almost all regions has improved significantly over the past few decades. Transnationalisation is the harbingers of modernisation and development.
Far from making Low economically developed countries more vulnerable, increasing global integration means that there are better organizational structures in place to deal with world political, economic and social problems.
This effort will bring about the end of the Third World.
There were a record 946 billionaires in 2007...
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