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Globalization |
Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Globalization The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets. Notes: The advantages and disadvantages of globalization have been debated and scrutinized heavily in recent years. Proponents of globalization say that it helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances. Critics of globalization say that it weakens national sovereignty and allows rich nations to ship domestic jobs overseas where labor is much cheaper. Globalization Tendency toward a worldwide investment environment, and the integration of national capital markets. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The environmental crisis, which is far broader than climate change, is the most obvious and urgent of the interlinked problems facing our globalising world. Reconstructing 'the public interest' in a globalising world: Business, the professions and the public sector 1998, Globalising Education: Trends and Applications, Routledge, London. |
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