Synopsis While the globalization process is a multifarious and multidimensional phenomenon, some of its most discernible and prominent aspects are economic in character. The world economy has become more unequal and integrated globally. That inequality is characterized by widening economic gaps between nations, but not necessarily within nations. This leads some economists to suggest a relationship between global economic integration and economic inequality. Increasing globalisation has probably mitigated the effects of inequality between nations that participate in global markets. The nations that gained the most from globalization are those poor countries that changed their policies to exploit it, while the ones that gained the least did not, or were too secluded to effectively revise economic and political policy.