Definitions for globalization
This page provides all possible meanings and translations of the word globalization
growth to a global or worldwide scale
"the globalization of the communication industry"
Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Put in simple terms, globalization refers to processes that increase world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications infrastructure, including the rise of the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Though several scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the third millennium BCE. In the late 19th century and early 20th century the connectedness of the world's economies and cultures grew very quickly. This slowed down due to the World Wars and the Cold War but has picked up again since neoliberal policies began in the 1980s and especially since the Post Cold War era started in the early 1990s. The term globalization has been in increasing use since the mid-1980s and especially since the mid-1990s. In 2000, the International Monetary Fund identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge. Further, environmental challenges such as climate change, cross-boundary water and air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment.
Translations for globalization
From our Multilingual Translation Dictionary
Get even more translations for globalization »
Find a translation for the globalization definition in other languages:
Select another language:
Discuss these globalization definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"globalization." Definitions.net. STANDS4 LLC, 2015. Web. 1 Jul 2015. <http://www.definitions.net/definition/globalization>.