Meaning And Definition Of Globalisation Pdf

P 70 globalization can be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occuring many miles away and vice versa.

Meaning and definition of globalisation pdf. Globalization is a complex and dynamic phenomenon. What make this phenomenon more complex are the contradictory justifications on the origin of globalization conflicting ways of defining the. Globalization is a process of interaction and integration among the people companies and governments of different nations a process driven by international trade and investment and aided by information technology. Globalization studies may be forming there is precious little discussion of what defines that field or its subcomponents.

Perhaps it is the so controversial topic that makes him so attractive. To its earlier meaning of spherical 6 the verb globalize appeared in the 1940s together with the word globalism 7 globalization first entered a dictionary of american english in 1961 8 notions of globality as a condition have begun to circulate more recently. In its general definition globalization can be defined as an extensive network of economic cultural social and political interconnections and processes which goes beyond national boundaries. Despite the breadth with which the term has been applied the meaning of globalization remains so elusive as to defy definition.

Globalization typically refers to the process by which different economies and societies become more closely integrated and concurrent with increasing worldwide globalization there has been much research into its consequences nilson 2010 p 1191. Globalization can be thought of to be the result of the opening up of the global economy and the concomitant increase in trade between nations. Giddens 1990 globalisation is political technical and cultural as well as economic. Globalization is the free movement of goods services and people across the world in a seamless and integrated manner.

If some persons believe that the phenomenon of.