globalization

(redirected from globalize)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

Globalization

Tendency toward a worldwide investment environment, and the integration of national capital markets

Globalization

The integration of global markets by the reduction trade barriers, improved communication, foreign direct investment, and other means. Globalization allows a multinational corporation to make a product in one country and sell it in another. This provides jobs in one country and less expensive goods in the other. Globalization also allows for the free flow of capital between countries, which many believe spurs economic growth. Proponents of globalization argue that it allows developing countries to continue and hasten their levels of development, and that it protects consumers in developed countries. Opponents believe that globalization serves the interests of multinational corporations at the expense of small businesses, which sends jobs to other countries needlessly.

globalization

the tendency for markets to become global, rather than national, as barriers to INTERNATIONAL TRADE (e.g. TARIFFS) are reduced and international transport and communications improve; and the tendency for large MULTINATIONAL ENTERPRISES to grow to service global markets. See INTERNATIONALIZATION.

globalization

the tendency for markets to become global, rather than national, as barriers to INTERNATIONAL TRADE (e.g. TARIFFS) are reduced and international transport and communications improve, and the tendency for large MULTINATIONAL COMPANIES to grow to service global markets.
References in periodicals archive ?
Now Globalize is just a short head away from winning all his five starts on fast going.
Jerry Holendorfer's Californian raider raced prominently well into the straight before dropping back to fourth, but jockey Francisco Torres urged Globalize to a renewed effort and the horse responded with a very strong finish to lift the nine-furlong contest by half a length from Elite Mercedes
But what about the momentum behind other areas that will help to globalize Japanese industry?
We Globalize LLC is a boutique consultancy based in Boston; our international sales experts have two decades of experience and can help manufacturers introduce their products and brands to specialized distributors worldwide.
Premier Su Tseng-chang delivered a congratulatory message at the inauguration ceremony held at the Taipei 101 tower, hailing the new platform as an ideal tool for local listed and OTC companies to connect with the world and globalize their operations.
Topics include the decision whether to globalize language and culture on the Internet, metaphor in culture, translation strategies and the polysystem, the complexities of Racine and the translations of Aristotle's Poetics, localizing and globalizing trends in Language through the Looking Glass, a case study of translating Hemingway into Arabic, surrealism and translation in opposition, and translation as a means of deepening one's identity.
Furthermore, to our group, to globalize means that in the important countries in which we decide to operate, we go there with all our activities.
By 2004, IDC predicts the percentage of B2B companies that globalize will level off at 80%.
com), a leading provider of ebusiness software that enables companies to measure, analyze and optimize customer-focused profitability metrics, announced that Personify has selected Uniscape to globalize Personify's product offerings.