Economic globalization

global economycorporate globalizationglobalizationfinancial globalizationglobalisationcorporate globalisationeconomic globalisationglobal marketglobalized economyLocalisation
Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization.wikipedia
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Globalization

globalisationglobalizedglobal
Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization.
Academic literature commonly subdivides globalization into three major areas: economic globalization, cultural globalization, and political globalization.

Technology

technologiestechnologicaltechnical
Economic globalization refers to the widespread international movement of goods, capital, services, technology and information.
It has helped develop more advanced economies (including today's global economy) and has allowed the rise of a leisure class.

Political globalization

political
Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization.
Political globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two other being economic globalization and cultural globalization.

Cultural globalization

culturalcultural hybridizationglobal culture
Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization.
Cultural globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two other being economic globalization and political globalization.

Capital control

capital controlscapitalcapital account controls
Capital flight occurs when assets or money rapidly flow out of a country because of that country's recent increase in unfavorable financial conditions such as taxes, tariffs, labor costs, government debt or capital controls.
The USA, other western governments, and multilateral financial institutions such as the International Monetary Fund (IMF) and World Bank began to take a critical view of capital controls and persuaded many countries to abandon them to facilitate financial globalization.

Trade globalization

Trade globalization is a type of economic globalization and a measure (economic indicator) of economic integration.

Trade

tradingmercantileexchange
Capital flight can cause liquidity crises in directly affected countries and can cause related difficulties in other countries involved in international commerce such as shipping and finance.

Jihad vs. McWorld

Benjamin Barber similarly questions the impact of economic globalization as well as its problems for democracy.

George Ritzer

Ritzer, GeorgeRitzer, G.R.
George Ritzer wrote about the McDonaldization of society and how fast food businesses spread throughout the United States and the rest of the world, attracting other places to adopt fast food culture.
Glocalization is a combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market, causing the products, or results of glocalization, to vary depending on different locations.

Free trade

Information

informativeinputinputs
Economic globalization refers to the widespread international movement of goods, capital, services, technology and information.

Border

boundaryinternational borderBorders
It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital.

Finance

financialfinancesfiscal
Economic globalization primarily comprises the globalization of production, finance, markets, technology, organizational regimes, institutions, corporations, and labour.

International trade

foreign tradeglobal tradetrade
While economic globalization has been expanding since the emergence of trans-national trade, it has grown at an increased rate due to improvements in the efficiency of long distance transportation, advances in telecommunication, the importance of information rather than physical capital in the modern economy, and by developments in science and technology.

Telecommunication

telecommunicationscommunicationstelecom
While economic globalization has been expanding since the emergence of trans-national trade, it has grown at an increased rate due to improvements in the efficiency of long distance transportation, advances in telecommunication, the importance of information rather than physical capital in the modern economy, and by developments in science and technology.

Developed country

developed countriesdeveloped worlddeveloped
This recent boom has been largely supported by developed economies integrating with developing countries through foreign direct investment, lowering costs of doing business, the reduction of trade barriers, and in many cases cross-border migration.

Foreign direct investment

foreign investmentFDIforeign investments
This recent boom has been largely supported by developed economies integrating with developing countries through foreign direct investment, lowering costs of doing business, the reduction of trade barriers, and in many cases cross-border migration.

Trade barrier

trade barriersexport controlbarriers to trade
This recent boom has been largely supported by developed economies integrating with developing countries through foreign direct investment, lowering costs of doing business, the reduction of trade barriers, and in many cases cross-border migration.

Commodity market

commodity tradingcommoditiescommodity markets
International commodity markets, labor markets, and capital markets make up the economy and define economic globalization.

Labour economics

laborlabor economicslabor market
International commodity markets, labor markets, and capital markets make up the economy and define economic globalization.

Capital market

capital marketssecurities marketsecurities markets
International commodity markets, labor markets, and capital markets make up the economy and define economic globalization.

Syria

Syrian Arab RepublicSyrianEtymology of Syria
Beginning as early as 6500 BCE, people in Syria were trading livestock, tools, and other items.

Sumer

SumeriansSumeriaSumerian
In Sumer, an early civilization in Mesopotamia, a token system was one of the first forms of commodity money.

Mesopotamia

MesopotamianMesopotamiansAncient Iraq
In Sumer, an early civilization in Mesopotamia, a token system was one of the first forms of commodity money.