Welcome to Global Economy

The Internet and the Global Economy

There is a saying that may have become rather trite over time. The world is getting smaller all of the time. One element that has made the world even smaller is the advent and growth of the Internet. When all is said and done, the Internet has had a great impact on the global economy. Through this article, you will be provided with some basic information about how the Internet has impacted the global economy.

As referenced a moment ago, the Internet has had a significant role in regard to the global economy. In fact, perhaps nothing has more effected the global economy in history than has the Internet. The Internet and World Wide Web actually has worked to transform the global economy on so many different levels and in so many different ways.

With the birth and growth of the Internet, the whole concept and thrust of the global economy has changed immensely. Historically, only a limited number of individuals and small number of business enterprises could ever become involved in the global economy. Before the use and expansion of the Internet and World Wide Web, it took what normally amounted to a tremendous amount of money to become involved in the global economy in any way, shape or form. Moreover, there were many legal barriers to a person or company becoming involved on the international market, becoming involved within the grand global economy.

Thanks to the Internet, the reality in the 21st century is that literally any person or any business enterprise actually can be involved in the global economy. With a computer and an ISP, a person or business actually can dive into involvement in the global economy. With almost no startup investment -- with no significant capital investment whatsoever -- a person can become involved in the global economy, become involved in creating a business enterprise that is involved on the international market.

In the past ten years, many individuals and companies have either established business ventures that are involved in the global economy thanks to the Net or have expanded pre-existing businesses to the point that they've become active on the Internet and World Wide Web. Most experts agree that this number will only continue to grow (and probably substantially so) over the coming ten to twenty years.

One of the more interesting developments in regard to the global economy and the Internet is the recurring reality that many people and many business enterprises have ended up becoming very profitable thanks to their involvement on the international market in the past decade. Truly, individuals and business ventures have ended up making tremendous amounts of money thanks to the wedding of the global economy and the Internet in recent times.

US-China relations critical to global economy, Paulson says (EARTHtimes.org)

Washington - Strong cooperation and growth in the United States and China is crucial to the global economy as it hopes to remain out of recession, Treasury Secretary Henry Paulson said Tuesday ahead of a cabinet-level meeting of the two countries. Pa...

Gold Falls as Slumping Global Economy Damps Commodity Demand (Bloomberg)

Dec. 1 (Bloomberg) -- Gold tumbled the most in eight months on speculation that a slumping global economy will damp demand for commodities. Silver plunged almost 9 percent.

Japan's Nikkei index tumbles more than 6 percent on US plunge, gloom over global economy (Minneapolis-St. Paul Star Tribune)

TOKYO - Japan's Nikkei index tumbled more than 6 percent Tuesday as selling spread across the board on big losses on Wall Street amid growing gloom over the global economy.

Dow slides 680 points on gloomy global economy (MarketWatch via Yahoo! Finance)

Energy and financial stocks pace a sharp drop in U.S. equity prices, as economic reports from around the world compound anxiety about a global recession.

Nigerian President Yar’Adua Says Economy to Grow 8.9% Next Year (Bloomberg)

Dec. 2 (Bloomberg) -- Nigeria’s economy will expand 8.9 percent next year, even after the global credit crisis slashed oil prices, President Umaru Yar’Adua said.