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 ?
Smith's research suggests that neither the democratic globalizers nor transnational neoliberals operate as cohesive networks.
A globalizer and non-globalizer world should be considered since the growth rates of the former are accelerating, whereas the poor non-globalizer countries are falling further and further behind.
Key to all this is that the "free trade" globalizers always try to limit workers' rights and bust unions.
Known as globalizers, this generation of Islamists speaks of the role that the Muslim world can play in the world civilizational movement.
Many globalizers underestimate the extent to which the new looks like the old.
In making his case, Rodrik takes passing swipes at "free market religion" and "knee-jerk globalizers.
For Kasian, to survive in such a competitive global environment, globalizers must insist that the country constantly increase its competitiveness.
Leading globalizers in other industries have shown how to enter partnerships without losing control of the business.
What these contributions underline, however, is that the character of any restructured multilateral order will be hotly contested among three sets of forces: top-down globalizers, bottom-up globalizers, and localizers.
To the extent that the globalizers who lean on Jacobs are half right, it is mainly through an error of omission.
Indeed, by using a well-known historic example of the early tactics of the Christian religion, the article demonstrated how the church's apologists actively and overtly engaged in a bitter debate which clearly parallels the controversies between modern globalizers versus those who seek to adjust products to mesh with the needs of unique markets.
51) This tension has been exemplified by negotiations on NATO's New Strategic Concept, in which the globalizers emphasized the need to counter new security threats at their source (which is frequently far beyond NATO's core area) and the traditionalists called for NATO to "come home.