Risks and gains of globalization for developing countries

1] Today the world is changing, interrelating and integrating as fast as never before. This change has an increasing pace and an expanding character. In other words this change is called globalization. Process of globalization is experienced by every region, country, government, man and woman on Earth. It has an objective character and its own pros and cons. But what is the quantitative and qualitative effect of globalization on various states? What is the effect of this phenomenon on the main countries of our study - United States, Ukraine and Russia and what are the changes through years 2006 and 2007? To answer that we would have go through a set of calculations and analysis, as follows.