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Fundamental Causes of Economic Globalization ~y Dl& S  
Economic globalization has been progressing rapidly since the beginning of the 1950s． Several factors have contributed to such development． Firstly， advancements in science and technology have offered a technical foundation by providing the material basis and the technical means． Meanwhile， a solid economic foundation for such a globalization has been laid by the market economy which is prevailing over the world． Others factors include the pillaring and propelling role of multinationals in micro－economic operations， the ever growing coordinating and controlling power and function exercised by such international economic organizations as WTO， IMF and WB in the international trade and finance．（100 words） <Qbqxw