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Ideas Globe > Economics/Politics > Globalisation


globalisation

Globalisation

The dominant patterns of production and consumption are causing environmental devastation, the depletion of resources, and a massive extinction of species. Communities are being undermined. The benefits of development are not shared equitably and the gap between rich and poor is widening. Injustice, poverty, ignorance, and violent conflict are widespread and the cause of great suffering. An unprecedented rise in human population has overburdened ecological and social systems. The foundations of global security are threatened. These trends are perilous—but not inevitable. - The Global Situation: The Earth Charter

Globalisation describes an ongoing process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of exchange.  The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors.  The term can also refer to the transnational dissemination of ideas, languages, or popular culture.
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