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Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Put in simple terms, globalization refers to processes that promote world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications infrastructure, including the rise of the Internet, are major factors... MORE Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Put in simple terms, globalization refers to processes that promote world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications infrastructure, including the rise of the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Though several scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the third millennium BCE. Since the beginning of the 20th century, the pace of globalization has intensified at a rapid rate, especially during the Post Cold War era. The term globalization has been in increasing use since the mid-1980s and especially since the mid-1990s. In 2000, the International Monetary Fund identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge. Further, environmental challenges such as climate change, cross-boundary water and air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment. LESS |
Globalization: The Challenge of Political Systems |
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Globalization: The Challenge of Political Systems Compass Summit - Terranea Resort The Hope and Challenges of Mass UrbanizationRichard Dobbs, Director, McKinsey Global Institute Compass Summit, a forum for true interaction and exchange, examines some of today's most pressing problems through the lens of global citizenship, recognizing that human ingenuity is an unlimited resource. Guided by NPR's Ira Flatow, an intimate group of some of the world's best thinkers and doers convened along the rugged Palos Verdes coastline on Oct 23-26, 2011 at Terranea Resort to engage in meaningful conversation, ask questions, and challenge ideas -- we invite you to join in the conversation.

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