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Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
One index of globalization is the KOF Index of Globalization, which measures three important dimensions of globalization: economic, social, and political. [140] Another is the A.T. Kearney / Foreign Policy Magazine Globalization Index. [141]
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. [1]
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. [7] However, unlike economic and political globalization, cultural globalization has not been the subject of extensive research. [4]
Globalization (or globalisation) – processes of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. [1] Advances in transportation and telecommunications infrastructure, including the rise of the Internet , are major factors in globalization, generating further interdependence ...
Hyper-globalization is the dramatic change in the size, scope, and velocity of globalization that began in the late 1990s and that continues into the beginning of the 21st century. It covers all three main dimensions of economic globalization , cultural globalization , and political globalization .
Today's Wordle Answer for #1273 on Friday, December 13, 2024. Today's Wordle answer on Friday, December 13, 2024, is BOXER. How'd you do? Next: Catch up on other Wordle answers from this week.
Like globalization itself, political globalization has several dimensions and lends itself to a number of interpretations. It has been discussed in the context of new emancipatory possibilities, as well as in the context of loss of autonomy and fragmentation of the social world. [ 6 ]