Globalization is the new concept that rules the world since the 90s of the last century with the end of the cold war. At the forefront of the state, with increased reliance on the market economy and renewed confidence in private capital and assets, a process of structural change encouraged by World Bank studies and influences and other international organizations started in many countries. Globalization has also opened up new opportunities for developing countries. Better access to developed country markets and technology transfer offer hope of improved productivity and higher standards of living. Countries around the world have become closer in recent decades due to increasing integration between economies. The main cause of this growth is globalization. There may be different definitions of globalization according to different aspects such as economic activities, political, technological and cultural interactions. It brings countries closer to each other and makes them more interdependent by allowing trade and financial exchanges without restrictions. The process of globalization includes not only the opening of world trade, the development of advanced means of communication, the internationalization of financial markets, the growing importance of multinationals, population migrations and, more generally, the increased mobility of people , goods, capital, data and ideas, but also infections. , diseases and pollution. Opening the economy to globalization can have both favorable and unfavorable impact on economic growth, environment, human capital, cultural dominance, etc. From the country. With globalization being a hot topic over the past few decades, it becomes imperative to study its impact on the economy. growth of the country.1.2...... middle of paper ...... Economic growth. The Quarterly Journal of Economics. Retrieved from http://links.jstor.org/sici?sici=0033-5533%28195602%2970%3A1%3C65%3AACTTTO%3E2.0.CO%3B2-MSukar, A., Ahmed, S. and Hassan, S. (nd). THE EFFECTS OF FOREIGN DIRECT INVESTMENT ON ECONOMIC GROWTH. Southwestern Economic Review. Associated Chambers of Commerce and Industry of India. (2012). India's experience with the IDF: the role of a game-changer. Retrieved from http://www.assocham.org/arb/general/Indias_Experience_with_FDI_Role_of_a_Game_Changer.pdfThe relationship between globalization, economic growth and income inequality. (2010, January). TEMEP Discussion Paper. Retrieved from ftp://147.46.237.98/DP-51.pdfTussie, D. and Aggio, C. (nd). Economic and social impacts of trade liberalization. Retrieved from http://www.unctad.info/upload/TAB/docs/TechCooperation/fullreport-version14nov-p106-119.pdf