Definition of globalization in pdf




















Log in with Facebook Log in with Google. Remember me on this computer. Enter the email address you signed up with and we'll email you a reset link. Need an account? Click here to sign up. Download Free PDF. Muhammad Yaseen. A short summary of this paper. Download Download PDF. Translate PDF. Nayef R. Bethany Webster at b. All copyrights are reserved by the authors. Some claim that it cannot be done, others claim that it would constrain the meaning to do so, and still others have defied these two beliefs and have constructed a working definition.

Despite differing opinions about developing a definition, all authors agree on one thing: that defining this term is anything but easy. Furthermore, it cannot be expounded upon with certainty and be applicable to all people and in all situations. It is a concept that has been defined variously over the years, with some connotations referring to progress, development and stability, integration and cooperation, and others referring to regression, colonialism, and destabilization.

Despite these challenges, this term brings with it a multitude of hidden agendas. It pertains to the increasing ease with which somebody on one side of the world can interact, to mutual benefit, with somebody on the other side of the world. By its nature, globalization spans a multitude of disciplines, communities, and cultures. This, of course, allows for a variety of viewpoints, be they economic, social, or political. The definitions presented here reflect some of those viewpoints.

It is also vital that these definitions be presented against the reality of the global situation, as Vidya S. It is, however, beyond the scope of this paper to assess the extent to which each of the statements captures reality. Rather, we look at issues surrounding the difficulties of defining globalization and discuss the benefits of doing so within the larger debate. The impact of globalization is vast, as the definitions that we present here indicate.

One question remains regarding the potential difficulty of trying to define this concept, as well as the limitations involved in trying to do so: does this hinder discussions about globalization? Does the fact that globalization requires constant defining inhibit or undermine true academic debate about the geopolitical implications of this process before that debate even begins? Nor does it try to justify why one definition might be better than another.

Rather, we suggest reviewing the definitions that are available in an attempt to truly understand this concept, and we also propose a definition that we think might be broad enough to address most aspects of the process.

Methodology This study provides a thorough overview of existing definitions of globalization, which we were able to use to develop our own definition. In reviewing current definitions, it is at once apparent that some are rather narrow and exclusive, while others are broad and inclusive.

Each approach has its strengths and weaknesses: more-general definitions tend to be all- encompassing but more abstract, while more-specific definitions are better justified but narrower in scope. This definition could be used as a basis for a working paper on a number of subjects, including technology, trade agreements, and just about any other issue that deals with overcoming traditional boundaries. This definition is a bit too vague, however, for discussions on the detailed implications of globalization.

Alternatively, a detailed definition would be suited to this type of discussion. Despite this benefit, this can also be limiting, as it may only be applicable to those that agree with this definition. As mentioned earlier, this can also stall the debate about the implications of this type of globalization because a discussion about negative and positive connotations could lend itself to a paper and subsequent discussion all on its own without delving into deeper ramifications.

So how should one go about defining globalization? Some academics have determined that it is a useless task. This means that he also needs to be cautious in claiming that some definitions come closer to reality than others, which is not what we intend to do in this article.

We have compiled a comprehensive list of definitions of globalization in order to provide a survey of what some academics, theorists, sociologists, politicians, and leaders claim globalization actually is.

We gathered definitions from both academic and resource guides in an attempt to look for patterns and similarities. Due to the complexity of the concept, research projects, articles, and discussions usually remain focused on a single aspect of globalization in order to be able to provide some concrete solutions and recommendations.

It is understandable that a definition developed for a particular paper, if one is developed at all, would focus on the aspect in question in order to provide a benchmark for the remainder of the paper. No matter what definition you adhere to, globalization is complex and multifaceted. Therefore, any definition that comes close to reflecting the reality of globalization must also be complex and multifaceted. Many of the definitions presented here are useful in a number of cases and disciplines, but others remain focused on one point or another, which limits their scope which is the purpose of their usage.

However, most scholars realize the significance a definition can have. Like the concept of globalization itself, the definitions presented here are broad and may be perceived in a variety of ways. They appear in chronological order. Globalization is not an endpoint to be discussed and then forgotten. Rather, it is a process, a current that has been impacting communities, cultures, and economies for hundreds of years. It is a result of the transnational and transcultural integrations that have occurred globally throughout human history.

It encompasses the causes, the course, and the consequences of these integrations. This intermingling has transpired through activities that are both human and non-human in nature. Human activities encompass the linguistic, cultural, economic, and political aspects of human life along with many others that are a part of the human and social sphere.

It is also important to include non-human activities, which incorporate, but are not limited to, the spread of bacteria and non-human diseases such as bird flu, as well as natural disasters such as All copyrights are reserved by the authors.

As all of these issues impact human and global security, it is our opinion that a truly comprehensive definition must address them. In addition, it is important to recognize that globalization is not a force that needs to be stopped; rather, it is a process that influences each of us in a number of ways, both to our benefit and also to our detriment.

When embraced in the context of our definition, globalization can be understood in a way that allows for a greater appreciation of, and, consequently, movement towards furthering, individual, as well as global, security and stability.

Discussion This overview of current definitions of globalization can arguably leave one feeling more confused in the discourse than before. However, abundance does not necessarily indicate that with each new definition there has been marked improvement. Since the debate over globalization stems largely from the act of defining the concept, it is important to see the progression of where the definitions have come from and how different connotations have emerged.

This overview illustrates that many of the definitions refer to questions of economics: of the definitions presented here, 67 of them make some reference to the economic dimension either through market expansion or the selling of goods and services. Many of these definitions do, however, include other dimensions: quite often they involve political and social aspects as well. However, this does indicate that notions of globalization, at least in our representation, tend to lean toward the economic roots of the concept.

Similarly, the definitions tend to be multifaceted and complex. They are rarely confined to one or two lines; rather, an elaborate definition is more often the norm in addressing this issue. This is illustrative of the complex nature of globalization: in attempting to determine how the impact of globalization is most felt, whether politically, economically, or socially, one frequently finds oneself debating aspects that are also multidimensional.

This appears to be universal, as a majority of our authors have written definitions that are lengthy. Therefore, it is safe to assume that the majority of definitions will encompass such aspects. So what conclusions might we draw from this overview? To what extent have the definitions helped us understand more fully the concept of globalization? Why should one engage in such a study? Globalization is evolutionary; it is a fluid process that is constantly changing with the development of human society.

This becomes more evident when assessing the various All copyrights are reserved by the authors. This paper argues that the perspective of the person who defines globalization shapes any definition thereof. One could reflect on the impact of globalization for days without having a clear understanding of what in reality the term means. By analyzing what has been offered in attempts to express the meaning of such a complex idea, it forces the issue to be simplified in one or two sentences.

In this task, the core of the discourse must be determined by the author. By only having an abstract concept and nothing concrete, there is no reference point. Does this mean, then, that in order to have a worthwhile debate on globalization, a definition must be agreed upon at the outset?

In a way, this is the case. If nothing else, this overview of definitions has made it clear that globalization is many things to many different people. It implies that further elaboration would not be particularly useful. The future of globalization is one that no academic would venture to try to predict. The fluidity of this concept makes concrete recommendations for a definition difficult. By looking at the ways in which the definition has changed over the past 45 years, one can ascertain that the future will not give way to a simpler or a more refined means of arriving at a clearer conceptualization of the process.

There are definitions presented in our table that are timeless, and there are those that indicate that globalization is a trend. By exploring the various explanations and thoughts behind the idea that has come to be called globalization, we are able to see how the concept has been identified over the course of the approximately thirty years represented in Table 1.

It allows for a balanced view of globalization in a way that can allow for a better understanding of where the term is All copyrights are reserved by the authors. As globalization exists at different times and means different things to different facets of society and the international system, it can never fully be defined to the satisfaction of all who are impacted by its implications.

Despite this difficulty, the definitions do permit a comprehensive understanding of globalization that is extensive enough to allow us to see what lies at the core of the thoughts of those thinking about the concept in modern discourse. Conclusion The remaining questions center around the value that defining this concept adds to the globalization debate. It could be argued that the discussion that stems from the definition issue is in fact a vital part of the discourse itself.

In a sense, the meaning of the concept is self-evident, in another, it is vague and obscure as its reaches are wide and constantly shifting. Perhaps, more than any other concept, globalization is the debate about it. Without it, there would be no need for a paper of this nature, nor would there be the resources to pull together so many definitions. Poppi is correct: globalization is the debate, and the debate is globalization. Without one, the other is inconceivable. The matter of defining globalization can be deemed useless because of its shifting nature, its ambiguity, its influence from the perspective from which one views it.

But the attempt, even if it feels like an everlasting and futile task, does contribute to the debate and does stimulate discussion about globalization.

Countries today are more connected than ever before, due to factors such as air travel, containerized sea shipping, international trade agreements and legal treaties, and the Internet. In the world of business, globalization is associated with trends such as outsourcing, free trade, and international supply chains. Proponents of globalization will point to the dramatic decline in poverty that has taken place throughout the world over the past several decades, which many economists attribute in part to increased trade and investment between nations.

Similarly, they will argue that globalization has allowed products and services such as cellphones, airplanes, and information technology to be spread far more widely throughout the world. Globalization can also have negative environmental impacts due to economic development, industrialization, and international travel. Globalization is important because it is one of the most powerful forces affecting the modern world, so much so that it can be difficult to make sense of the world without understanding globalization.

For example, many of the largest and most successful corporations in the world are in effect truly multinational organizations, with offices and supply chains stretched right across the world. These companies would not be able to exist if not for the complex network of trade routes, international legal agreements, and telecommunications infrastructure that were made possible through globalization.

Important political developments, such as the ongoing trade conflict between the United States and China, are also directly related to globalization. Peterson Institute for International Economics. Congressional Research Service. Accessed Jan. Emerging Markets. Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content.

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What Is Globalization? Understanding Globalization. Advantages and Disadvantages. Globalization FAQs. Key Takeaways Globalization is the spread of products, technology, information, and jobs across nations. Corporations in developed nations can gain a competitive edge through globalization.

Developing countries also benefit through globalization as they tend to be more cost-effective and therefore attract jobs. The benefits of globalization have been questioned as the positive effects are not necessarily distributed equally. What Is the Simple Meaning of Globalization? Is Globalization Good or Bad? Why Is Globalization Important? Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.

We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

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