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Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
Since many of the countries that are considered to be a part of the Global South were once colonized by Global North countries, they are at a disadvantage to become as quickly developed. Dependency theorists suggest that information has a top-down approach and first goes to the Global North before countries in the Global South receive it.
Western Europe and parts of Central Europe generally fall into the temperate maritime climate (Cfb), the southern part is mostly a Mediterranean climate (mostly Csa, smaller area with Csb), the north-central part and east into central Russia is mostly a humid continental climate (Dfb) and the northern part of the continent is a subarctic ...
Since there is no universal agreement on Europe's regional composition, the placement of individual countries may vary based on criteria being used. For instance, the Balkans is a distinct geographical region within Europe, but individual countries may alternatively be grouped into South-eastern Europe or Southern Europe.
The European example is especially valid in this light, as the European Union as a political body grew out of more than 40 years of economic integration within Europe. The precursor to the EU, the European Economic Community (EEC) was entirely an economic entity.
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...
Global Regional Powers. Global regionalization is a process parallel to globalization, in which large regions are divided into smaller regions, areas, or districts. [1]A feature of the global community is the globalization of many processes and the development of international relations and interdependence of modern states in the second half of the 20th century.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.