The Definition of Globalization

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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... ... middle of paper ... ...nt WTO-ILO Standing Working Forum to try to achieve this Bibliography Chomsky N, 'Free Trade and Free Market: Pretence and Practice', in Jameson F. and Miyoshi M (Eds), the Cultures of Globalisation, 1998, Duke University Press, London. Held D., Goldblatt D., McGrew A., Perraton J., Global Transformations: Politics, Economics and Culture, 1999, Polity Press, Cambridge. Humphreys P. J., Mass Media and Media Policy in Western Europe, 1996, Manchester University Press, Manchester. Lash S. and Urry J., Economies of Signs and Space, 1994, Sage, London. Robertson R., Globalisation: social theory and global culture, 1992, Sage, London. Sussman G., Communication, Technology and Politics in the Information Age, 1997, Sage, London. Waters M., Globalisation, 1995, Routledge, London. Jones, T., Globalisation and Environment, OECD Proceedings, 1998.
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