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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]
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.
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 ...
The advancement of media and technology have played the pivotal role in process of globalization and global communication. [45] Cable television , ISDN , digitalization , direct broadcast satellites as well as the Internet have created a situation where vast amounts of information can be transferred around the globe in a matter of seconds.
The concept of global cultural flows was introduced by anthropologist Arjun Appadurai in his essay "Disjuncture and difference in the global cultural economy" (1990), in which he argues that people ought to reconsider the Binary oppositions that were imposed through colonialism, such as those of ‘global’ vs. ‘local’, south vs. north, and metropolitan vs. non-metropolitan.
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.
Therefore, it is important to understand that intercultural and international communication are interchangeable. Effective communication between international business partners is critical for global success, and underlying national and organizational cultural differences in international business-related relationships can create hurdles to ...
Cultural globalization refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. [1] This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel.