Globalization had to be put into effect to revive developed economies after the financial crises of the 1990s.

Name: Globalization had to be put into effect to revive developed economies after the financial crises of the 1990s.
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Globalization was already in effect before the 1990s, and it was not specifically implemented to revive developed economies after the financial crises of that decade. It is a long-term process driven by technological, economic, and political factors.

Globalization Had to Be Put into Effect to Revive Developed