"Globalization" is a buzzword often used in today's business world. The world economy is now a cooperative effort between the countries of the world; it can no longer be viewed as "Us vs. them" but rather as "We." Malaysian Prime Minister Dato Seri Dr Mahathir Bin Mohamad describes Globalization as: "Every country rich or poor, developed or developing would have access to every other country. The poor countries would have access to the markets of the rich, unrestricted. In return, or rather by right the rich will have access to the markets of the poor" (1). This idea of a completely free market redefines the way in which business is conducted today: from regulating trade to dispersing loans. While countries like Botswana (one of the fastest growing economies in the world from 1966-1991) and Israel (who has received more aid from the USA than any other country currently in the world) have benefited from the change, many countries find it hard to make this transition.
