The Definition of Globalization

Globalisation is a term that is frequently used but hardly ever

defined. It refers to the rapid increase in the share of economic

activity taking place across national boundaries.

This goes beyond the international trade in goods and includes the way

those goods are produced, the delivery and sale of services, and the

movement of capital.

Globalisation it is also an idea of our time, highly contested and

widely accepted at the same time. It relates to the economy, politics,

culture, society, and generally, with everything we deal with in our

everyday lives.

Can be thought of as a process, in which economic markets,

technologies, and communications gradually can to exhibit more

"global" characteristics, and less "national" or "local" ones.

In this scene, it is the millions of daily decisions concerning

technology choices, market structure, and communication patterns that

"drive" the globalisation process. In altering these patterns,

globalisation will generate a variety of consequences, both for the

world as a whole, and for individual countries. These consequences

will be both economic and environmental in nature.

Introduction

Held et al (1999) separate the theorists of globalisation into three

different schools the hyperglobalisers, the sceptics and the

transformation lists. Each of these schools represents a different

account of globalisation and a different interpretation of it as a

social phenomenon.

Some of their different perspectives have to be taken into account

since they represent different political trends and thoughts on

globalisation.

Drawing on statistical evidence of world trade from the nineteenth

century which shows that in fact there is only a slight rise on trade

t...

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...nt WTO-ILO Standing

Working Forum to try to achieve this

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