The rate of globalization has increased in recent years, a result of rapid advancements in communication and transportation. ... Improved fiscal policies within countries and international trade agreements between them also facilitate globalization. Political and economic stability facilitate globalization as well.

Why has globalization increased over time?

The world economy has become increasingly interdependent for a long time. However, in recent decades the process of globalisation has accelerated; this is due to a variety of factors, but important ones include improved trade, increased labour and capital mobility and improved technology.

What were the 4 reasons why globalization increased?