Global Transformation

Globalisation has become a fashionable term used for numerous years amongst humanities and social sciences. Usage of this term has been driven by an academic fascination with the world as an increasingly interconnected place, in which localized forms of culture have become increasingly subject to homogenizing global influences (Maguire, J)

Globalisation highlights the dramatic alterations in the landscape of international relations due to the emergence of free market economies based on the right to start a business and trade without restrictions. In other words, it’s the processual approach of assisting financial and investment markets to function together worldwide. This has been largely made possible from the deregulation and improved communications, particularly the evolution of the internet. It can be said that globalisation is a transition of shifting to an integrated world; comprising of the long-term modifications in the aim to achieve a ‘greater international cooperation in economics, politics, ideas, cultural values, and the exchange of knowledge’ (Gibson

Today globalization is essentially a synonym for global business. Globalization is changing the world we live in at a very increasingly rapid pace (Rodrik., 1997). Changes in technology, communication, and transportation are opening up borders and markets at increasing rates. In any large city in any country, Japanese cars ply the streets, a mobile call can be enough to buy equities from a stock exchange half a world away, local businesses could not function without U.S. computers, and foreign multinationals have taken over large segments of service industries. Impact of Globalisation, both theoretically and practically, can be observed in different economic, social, cultural, political, financial, and

This is the integration of economies, industries, markets, cultures and policy-making around the world. [1]. Globalisation describes a process by which national ...

As Martin Luther King had said, ‘It really boils down to this: that all life is interrelated’1. Globalisation is a term that can be defined in various ways. It is a complex process that does not have a clear beginning or end, rather it is something that has developed, strengthened and deepened over time. Globalisation is a process of integration, interconnection and exchange between peoples from different parts of the world. It is the connection and expansion of international, cultural, economic and political activities. Globalisation is a concept that transforms the various relationships across and between countries, regions and continents. Having a long history within the world, globalisation and the interconnection process can be divided into three main periods including archaic globalisation, proto-globalisation and modern globalisation. So, was there globalisation before the 1600s? This paper aims to explore the concept and context of globalisation along with some of its historical roots prior to the 1600s in order to provide a definitive answer.

Globalisation refers to finance, migration and trade (Huwart and Verdier 2013). Economic globalisation is a strand of globalisation that is controversial, especially in the recent global economic situation. It is difficult to define globalisation because different disciplines use differing measures to study globalisation, for example ‘economic interdependence, technological change, cultural homogenisation or the growing importance of global institutions’ (Feyter 2007: 3) are all factors used by authors investigating global processes. In the general sense, economic globalisation is ‘as ancient as commercial trade’ and it ‘resulted from a combination of dynamic merchants seeking new markets outside their own borders’ (Huwart and Verdier 2013: 18). Understanding of economic globalisation can be challenged or expanded by analysing the lived experience of global processes, for instance, Caroline Knowles in her book ‘Flip-Flop: A Journey Through Globalisation’s Backroads’ demonstrates economic globalisation in terms of the mass production of flip-flops. Knowles’ book follows the journey taken in the manufacturing and marketing of flip-flops through the landscapes, lives and trips of those along the flip-flop trail (Knowles 2014). The people in ‘Flip-Flop: A Journey Through Globalisation’s Backroads’ are evidence of the lived

Ghemawat (2007) detailed that globalisation is more than just a powerful economic and political transformation it bound people, countries and market closer. It is a growing network of different companies, groups, and individual. Globalisation has shrunk the world from size small to size tiny and flattened the world.

Globalisation, a result of social development, can be described as the increase in cross-broader trade and influence on the economic and social behaviour of nation states (David Begg, 2003:272). This process has affected the world widely and deeply, principally in economics, industrial, technological, political and cultural aspects.

The theory of globalization today is a field of intensive debate as the efforts towards defining globalization most often highlight its individual aspects. According to Held and McGrew (1999), “globalisation is an idea whose time has come, yet it lacks precise definition”. Despite the ambiguity of the term “globalisation,” the use of the term, according to Held and McGrew, reflects increased interconnectedness in political, economic and cultural matters across the world creating a shared social space. Given this inter-connectedness, globalisation may be defined as: “a process which embodies a transformation in the spatial organisation of social relations and

‘Globalization: What’s new? What’s not? (And so what)’, portrays the speed in which globalism has increased through many different factors; economically, military, environmentally and socially. This is an idealist analytic approach, not set in stone. This leads on to

The concept of globalization is a complex and peculiar one, failing to be definable by a single, precise definition. Centrally, globalization involves information and goods being exchanged amongst different countries. These interactions and interchanges among countries globally over time is due to an increase in communication and transport networks. Globalization is often divided into three main areas being economic globalization, cultural globalization and political globalization. All three are vital areas to one’s life and globalization is said to have a large impact on each. Although globalization is controversial in the aspect that it cannot be declared just how much of an influence the notion has in the world. Political scientists such as Muhammad Ijaz Latif, Anton Pelinka and Martin Wolf all discuss this issue in their respective pieces as well as differing aspects of globalization such as the role the European Union plays in relation to globalization, the different perspectives of globalization and the challenges of the nation-state in regards to globalization.

Globalisation can be defined as the movement toward economic, financial, trade, and communications integration by countries and their populations globally. It is a constant process and it has resulted in the intertwining and generalisation of the needs and wants of people

In this essay I will give a detailed explanation of what sociologists mean by the term ‘globalisation’ and how they have tried to explain it.

Although internationalisation and world trade have a long history, the process of globalisation itself, as it is commonly noted, is assigned to accelerating interconnections between distinct geographical areas it the world since the decade of 70. The term ‘globalisation’ is extensively used to describe an ongoing process of the flows of capital, information, technology, culture, people and goods beyond the border of national scale to form an interconnected global network. The economic aspect of globalisation has been the most intensively discussed policy, the new international division of labour, the relocation of manufacturing to developing countries and the increasing foreign direct investment. That is for an obvious reason, money is all

A definition of “Globalisation” would be that : “Globalisation typically refers to the process by which different economies and societies become more closely integrated3.”