Thematic Areas Globalization

Globalization

 

Globalization (or globalisation) describes an ongoing process by which regional economies, societies and cultures have become integrated through a globe-spanning network of exchange.

The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political and biological factors. The term can also refer to the transnational dissemination of ideas, languages, or popular culture.

Source: http://en.wikipedia.org/wiki/Globalization

 

 

Forum Economic Geography

 

 

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