Definitions

From QED

The first known published use of the term globalization in a geographic sense was in 1944^[1] .

Theodore Levitt is often credited with first using the term in an economic sense in 1983^[1] .

The literature search reported in (Busch, 2007) shows that the occurrence of both "globalization" and "globalisation" was very rare in book and article titles before 1985.

The Waldseemüller map of 1507 may have been the first to depict Earth as a globe and to include Eurasia, Africa, North and South America as separate land masses.

Dictionary definitions

Cambridge Advanced Learner's dictionary:

1. The increase of trade around the world, especially by large companies producing and trading goods in many different countries.
2. When available goods and services, or social and cultural influences, gradually become similar in all parts of the world.

Google: define:globalization

Scholarly definitions

• "... globalisation means the partial erasure of the distinctions separating national currency areas and national systems of financial regulation." (Strange, 1995: 294)

• "A social process in which the constraints of geography on social and cultural arrangements recede and in which people become increasingly aware that they are receding." (Waters, 1995: 3)

• "Economic globalization constitutes integration of national economies into the international economy through trade, direct foreign investment (by corporations and multinationals), short-term capital flows, international flows of workers and humanity generally, and flows of technology" (Bhagwati, 2004: 3)

• "... globalization denotes a continuing process of accelerated and deepened social interaction on a global scale between formerly independent units" (Busch, 2007: 23)

See also

• Global Indices
• When Did Globalization Begin?^[1]

• Measuring Globalization: The Top 20 Fifth Annual A.T. Kearney/Foreign Policy Globalization Index. 2005.
• Measuring Globalization: Who's Up, Who's Down — 2003 A.T. Kearney/Foreign Policy Magazine Globalization Index
• Alter-globalization

Copyright details

References

Bhagwati, Jagdish. In Defense of Globalization. Oxford University Press, 2004.

Busch, Andreas. "The development of the debate". Chapter 2 in Stefan A. Schirm (ed.) Globalization: State of the art and perspectives. London and New York: Routledge, 2007.

Levitt, Theodore. Globalization of markets. Harvard Business Review, 1983.

Strange, S. (1995) The limits of politics." Government and Opposition, 30: 291-311.

Waters, M. (1995). Globalization. London: Routledge.