globalization

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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 ?
Globalized Soul uses the opportunity to explore the principles of ancient Jainism, which birthed Gandhi's concept of nonviolence.
Parrenas and others have noted that the modern pattern of globalized female employment results in a progressive lowering of the status of child caretakers as European and American women employ lower caste immigrant women and these women, when they cannot turn to kin, employ much needier and lower class women to care for their own children.
Conference participants examined how scripture instructs mission in an increasingly globalized world in which the poor, while promised more, find themselves economically and socially marginalized and culturally impoverished.
Advanced research on these matters would provide a more globalized perspective on gender and race topics of the era.
However, it is not possible to determine the extent to which RIM functions can be globalized or internationalized or support their businesses in such activities until all these aspects are understood.
He is not simply a stooge of globalized capitalism, nor a perfect foil to Shaq's racism.
IN AN INCREASINGLY globalized corporate marketplace, commitment to localization and internationalization has become fundamental to maintaining an effective worldwide presence.
Although the world is increasingly globalized, tribalism is the most powerful force on earth, when a group of people identify only with each other.
Work and Employment in a Globalized Era: An Asia Pacific Focus.
After all, it is concerned, as the curator, Nicolaus Schafflausen, states in the catalogue, with "the redefinition of the public sphere, the positioning of the individual in a spectacularized society, and the effects of a globalized economy"--that is, with themes that nowadays nearly every ambitious exhibition pursues, though usually with only middling success.
Disposable Domestics shows us how the feminization of poverty is being globalized.
Jiang Chunyun, vice chairman of Standing Committee of the National People's Congress said in his opening remarks that the meeting aims to discuss ''co-existence and co-prosperity'' in the globalized economy by addressing such challenges as poverty and the environment.