Globalisation

Globalisation is the process by which regional and national trades and activities are transformed into global ones. The process is a combination of economic, technological, sociocultural and political forces. Globalisation is often used to refer to economic globalisation, the process by which regional and national economies are integrated into the international economy through trade, foreign investment, capital flow, migration, and the spread of technology.

Some powerful forces in the creation of globalisation include the World Bank and the International Monetary Fund.

The opposite of globalisation is localisation.

References and Resources

Resources

Books (date order)

• Ulrich Beck, What is Globalization?, Polity, 2000 (Original in German: 1997).
• Naomi Klein, No Logo, Flamingo; New Ed edition (15 Jan 2001), ISBN: 0006530400
• Amitava Kumar, World Bank Literature, Univ. of Minnesota Press, 2003.
• David Harvey, A Brief History of Neoliberalism, Oxford Univ. Press, 2005.