I have no idea since when does people use the terms ‘global’ or ‘globalisation’. There is, however, no question that ‘globalisation’ is a widely used word in a variety of contexts such as economy, culture, society and politics (Guttal 2007, p. 523). Then, what is the ‘globalisation’? There are numerous definitions of what globalization is. One of the definitions of globalization is that Investor Word (cited in Irani & Noruzi 2011, p. 1345) provides a useful definition: ‘Globalization is the name for the process of increasing and speeding up the connectivity and interdependence of the world’s markets and businesses and other institutions’.
Investor Word (cited in Irani & Noruzi 2011, p. 1345) also notes that this process has speeded up dramatically because thanks to the technological advances, it is easier to travel, communicate, and do business internationally for people. And there are two major driving forces. According to Irani and Noruzi (2011, p. 1346), one is advances in telecommunications infrastructure and the other is the rise of the internet.
Then, why does ‘globalisation’ important to us? That is because it deeply affects life in direct or indirect ways. Some people may say that globalization has nothing to do with them, but is it? I do not think so. Here is an example. It is easy to find Italian, Asian restaurants as well as Australia restaurants in the Melbourne city. It is not just a food issue; there is also physical, cultural (music, languages, clothing), capital and media flows.
References
Guttal, S 2007, 'Globalisation', Development In Practice, vol. 17, no. 4, pp. 523-531, retrieved 18 July 2012, Academic Search Complete, EBSCOhost.
Irani, F, & Noruzi, M 2011, 'Globalization and Effects; A study on the effects of globalization in the society', Interdisciplinary Journal Of Contemporary Research In Business, vol. 3, no. 1, pp. 1345-1348, retrieved 18 July 2012, Business Source Complete, EBSCOhost.
Picture source
http://www.europaeum.org/europaeum/?q=node/535
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