globalizations
Cross-border market merging
Globalizations is the plural of globalization, the process by which businesses, cultures, and economies become interconnected across national boundaries.
The plural form appears when distinguishing different types or instances: economic and cultural globalizations proceed at different paces, the globalizations of the 19th and 21st centuries differ dramatically.
Commerce without state intervention
- multinational corporationsBusinesses operating in multiple countries
- outsourcingThird-party task delegation
- offshoringMoving work overseas
- supply chainsNetworks moving goods to market
capital flows · foreign investment · deregulation · privatization · World Bank · IMF · WTO · tariff reduction
Adopting Western cultural practices
- homogenizationMaking things the same
- McDonaldizationSociety adopting fast-food principles
- AmericanizationAdopting US cultural norms
- cultural hybridityMixing of distinct traditions
glocalization · world music · fusion cuisine · cultural exchange · lingua franca · cosmopolitanism · creolization · cross-pollination
Electronic network linkage
- telecommunicationsRemote signal transmission technology
- mobile networksWireless communication infrastructure
- satellite communicationTransmission via orbiting relay
- digital divideUnequal access to computers/internet
cloud computing · instant messaging · video conferencing · e-commerce · broadband access · digital infrastructure · tech giants
Shielding local producers
- localismPreference for nearby things
- fair tradeEquitable exchange between parties
- cultural preservationProtecting community traditions and artifacts
- economic nationalismFavoring domestic over foreign commerce
deglobalization · indigenous rights · sovereignty movements · environmental justice · corporate accountability · import substitution · tariff barriers · slow food
Rules governing relations between countries
- regional blocsGeographic clusters of nations
- multilateralismMulti-party international cooperation
free markets
Commerce without state intervention
- multinational corporationsBusinesses operating in multiple countries
- outsourcingThird-party task delegation
- offshoringMoving work overseas
supply chains · capital flows · foreign investment · deregulation · privatization · World Bank · IMF · WTO · tariff reduction · economic integration
Westernization
Adopting Western cultural practices
- homogenizationMaking things the same
- McDonaldizationSociety adopting fast-food principles
- AmericanizationAdopting US cultural norms
cultural hybridity · glocalization · world music · fusion cuisine · cultural exchange · lingua franca · cosmopolitanism · creolization · cross-pollination · cultural appropriation
digital connectivity
Electronic network linkage
- telecommunicationsRemote signal transmission technology
- mobile networksWireless communication infrastructure
- satellite communicationTransmission via orbiting relay
digital divide · cloud computing · instant messaging · video conferencing · e-commerce · broadband access · digital infrastructure · tech giants
protectionism
Shielding local producers
- localismPreference for nearby things
- fair tradeEquitable exchange between parties
- cultural preservationProtecting community traditions and artifacts
economic nationalism · deglobalization · indigenous rights · sovereignty movements · environmental justice · corporate accountability · import substitution · tariff barriers · slow food · buy local
international law
Rules governing relations between countries
- regional blocsGeographic clusters of nations
- multilateralismMulti-party international cooperation
globalizationsisolationism
Policy avoiding foreign alliances
protectionism · economic nationalism · autarky · trade barriers · mercantilism
globalizationslocalization
Adapting for specific markets
localism · nativism · particularism · parochialism · cultural nationalism
globalizationslocalization
Adapting for specific markets
decentralization · devolution · fragmentation · regionalization · subsidiarity
- economic globalizationCross-border financial integration