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 ?
These minor points aside, however, Globalizing Democracy and Human Rights is a magnificent book.
In this research, it is expected that managers of gradual globalizing firms will have more of an ethnocentric mindset but will be open to international opportunities if they arise.
But while politically the Cold War itself was a globalizing experience, economically the Cold War created walls against free trade and the free movement of capital between the two sides of the Iron Curtain.
However, companies that are globalizing project foreign revenue earnings of 25% and 30% during those same years.
Instead, the demonstrators offered a guerrilla-theater-style critique of these institutions as insensitive to the inequalities inherent in globalization, focusing particularly on how certain globalizing forces tend to economically displace some workers and expose less-developed economies to more violent shocks than mature economies.
In addition to the challenge of globalizing an international if family-dominated company, Cantarella must also contend with the changing competitive conditions brought on by the euro and integration of the single market.
as a forward-looking vision that establishes equitable commercial integration as the only solution to Latin America's survival in our globalizing economies.
Leading outsourcing players are globalizing their operations, eroding distinctions between Western and offshore vendors such as capabilities and pricing.
We felt this partnership which will start with the International Tax course offered through the University of London School of Law, highlights the shift in the globalizing of online education," commented Ana Penn, IBLS CEO.
Topics for discussion will include how to integrate Taiwan with a globalizing U.
Proves Cost-Effectiveness of Globalizing an Enterprise
Assuming total ownership of ITG Europe is in line with our strategy of globalizing the ITG brands and ensuring consistent product offerings internationally," stated Raymond L.