GLOBALIZATION

GLOBALIZATION

By

Mohamad Afifi Bin Yahaya

According to Dr. Nayef Al-Rodhan (2006), who has done with a comprehensive studies about the definitions of globalization, he claimed that “globalization is referring to a process that encompasses the causes, course, and consequences of transactional and trancultural integration of human and non-human activities”.

Through his research, he found that globalization is involving the economic integration, the transfer of policies across borders and countries, the transmission of knowledge, cultural stability; the reproduction, relations, and discourses of power. In easy words, globalization can be seen as a global process, a concept, a revolution and an establishment of the global market free from sociopolitical control (Al-Rodhan, 2006).

Globalization is also can be referred as the growing interdependence of countries resulting from the increasing integration of trade, finance, people, and ideas in one global market. International trade and cross-border investment flows are the main elements of this integration (Soubbotina & Sheram, 2000).

Moreover, globalization includes all of the elements with some connotations referring to progress, development and stability, integration and cooperation, and others referring to regression, colonialism, and destabilization. By its nature, globalization spans a multitude of disciplines, communities, and cultures. This, of course, allows for a variety of viewpoints, be they economic, social, or politics.

REFERENCE

Al-Rodhan, N. (2006). Definitions of Globalization:A Comprehensive Overview and a proposed defintion. Geneva: Geneva Centre for Security Policy .

Soubbotina, T., & Sheram, K. (2000). Beyond Economic Growth: Meeting the Challenges of Global Development. Washington : USA: World Bank Publications.