World Politics Review is a daily Web publication featuring original news and commentary on international affairs, foreign policy and national security. ...
In the past, globalization's critics have alleged that the opening
up of economic borders is little more than a license for giant Western
companies to colonize emerging economies. But recent trends suggest
otherwise. More and more companies based in developing economies are beating their Western rivals at home, challenge them abroad, and even acquiring Western companies and brands outright. From India's Tata to China's Lenovo, the era of the emerging-market multinational is upon us.
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