Globalisation

Globalization

From Wikipedia, the free encyclopedia
Globalization -   Wikipedia,   the   free   ency¼
Globalization (or globalisation) describes an ongoing process by which regional economies, societies, and
cultures have become integrated through a globe-spanning network of communication and trade. The term is
sometimes used to refer specifically to economic globalization: the integration of national economies into the
international economy through trade, foreign direct investment, capital flows, migration, and the spread of
technology.[1] However, globalization is usually recognized as being driven by a combination of economic,
technological, sociocultural, political, and biological factors.   [2] The term can also refer to the transnational circulation
of ideas, languages, or popular culture through acculturation.
Contents

1 Definitions
2 History
3 Modern globalization
4 Measuring globalization
5 Effects of globalization
5.1 Cultural effects
5.2 Negative effects
5.2.1 Effect on disease
5.2.2 Brain drain
5.2.3 Economic liberalization
5.2.4 Effect on Income disparity
5.2.5 Effect on environmental degradation
5.2.6 Food security
5.2.7 Drug and illicit goods trade
5.2.8 Sweatshops
6 Pro-globalization (globalism)
7 Anti-globalization
7.1 International Social Forums
8 See also
9 References
10 Further reading
11 External links
11.1 Multimedia

Definitions

An early description of globalization was penned by the American
entrepreneur-turned-minister Charles Taze Russell who coined the term
'corporate giants' in 1897,[3] although it was not until the 1960s that the
term began to be widely used by economists and other social scientists.
The term has since then achieved widespread use in the mainstream press
by the later half of the 1980s. Since its inception, the concept of
globalization has inspired numerous competing definitions and
interpretations.   [4].

The United Nations ESCWA...