GLOBALIZATION

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1.     There is no consensus on the definition of globalization.

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     Globalization is a circumstances and ideas of the present age and an ever-changing mix of social and political changes.

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     According to Marginson, globalization is simply the establishment of relations between nations or institutions.

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     Globalization can be defined as the expansion and intensification of cultural process and consciousness across world-time and world-space.

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Patricio Abinales a leading scholar on globalization classified three approaches of studying globalization based on the works of various scholars

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   All scholars agreed that globalization occurred just in the last decades of the 20th century.

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 1.     Free trade and labor to name a few, as driving forces in economic globalization.

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Sceptics believe that globalization is a questionable concept.

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Sceptics believe that globalization’s effect is somewhat overrated.

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The expansion or spreading of culture is one of the manifestations of globalization.