globalization

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Globalization

Tendency toward a worldwide investment environment, and the integration of national capital markets
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Events in Greece, Spain, Portugal, southwards to Egypt, Syria, Yemen and northwards to Britain and Occupy Wall Street, point to a different way of thinking that I cannot discern in the analyses of 'Europeanists' and 'globalizers'.
Although the book has a powerful interpretation condemning the business globalizers and the political and economic conservatism that enabled them, the argument, ultimately, seems overstated.
First, the transnational neoliberal globalizers promote a globalization that sustains international capitalism and defends economic development and corporate interests above all else.
There are at least three obvious flaws that afflict these big globalizers much more than the small globalizers who had done so well previously.
All these developments make the appearance of Ngaire Woods's The Globalizers: The IMF, the World Bank, and Their Borrowers most timely and welcome.
Post-cosmopolitans create ecological space by acknowledging their causal and material relationship with other citizens in terms of resource use and pollution (the primary example being how the globalizers impact on the globalized--a relation of victimisation).
Finally, following Dollar and Kraay [2004] two kinds of developing countries could be considered, globalizers and non-globalizers.
But the de Montilles aren't exactly peasants, even if their small winery doesn't rival the awesome estates of the globalizers whom Nossiter's camera expertly flays.
She cites by way of example the Australian Chief Superintendent of Police, who, in relation to the policing of a meeting of 'the globalizers' said: 'Normal measures for crowd control will be employed'.
More importantly, in each epoch, it is clear that African societies and individual traders, who were the vanguards at the interface between the external globalizers and Africa, made choices that either maximized or weakened their readiness for subsequent changes.
Gray is out to lambaste the fantasies of economic globalizers and liberal universalists alike.
In the first place, if the driving force of globalization is greed, why would anyone think that a call to responsibility would be intelligible to the globalizers?