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globalisation

Economic interdependence between different countries and their organisations. Something that has been around for hundred of years...
x thousand American IT jobs were outsourced to India in the last year.
by fasdg November 21, 2003
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globalisation

The process of increasing global independence between nations. It involves the increasing intergration of firms and economies and with individual firms competing with all other firms in the world economy driven by the desire for profit.
by Dom September 5, 2003
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globalization

In a nutshell, the integration and exchange of ideas and goods globally. Hence the name, globalization. It benefits the middle class and especially the rich and powerful, but has hurt the poor and powerless.
Question: What Is The Truest Definition Of Globalization?

Answer: Princess Diana's death.

Question: How come?

Answer: An English princess with an Egyptian boyfriend crashes in a French tunnel, while in a German car with a Dutch engine, driven by a Belgian who was drunk on Scottish whisky, followed closely by Italian Paparazzi on Japanese motorcycles; treated by an American doctor using Brazilian medicines.

This is sent to you by an American, using Bill Gates's technology, and you're probably reading this on a computer that uses Taiwanese chips, and a Korean monitor, assembled by Bangladeshi workers in a Singapore plant, transported by Indian lorry-drivers, hijacked by Indonesians, unloaded by Sicilian longshoremen, and trucked to you by Mexican illegals.
by a5678 April 11, 2005
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glocalization

Describes the notion that technological advances (telephony, internet, air travel, etc.) have effectively decreased perceived distance between people such that one's social network can be global and feel local.
I thought when my sister moved to the East coast for college that we'd lose contact, but since we IM every day and talk on the cell phone, it's like she still lives in the house.

That's glocalization, dude!
by Matthew Lake April 22, 2006
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Blobalisation

People growing extremely fat all over the world. Starting in one country and spreading all over the world.
Blobby people everywhere!!!
" Blobalisation is a serious problem in the world nowadays with people eating and eating "

" When you keep eating so much Hamburgers Mary-Ann, you will never stop the growing blobalisation! You understand? "

" As long as the Fashion week still exists and girls are throwing up their food to stay skinny, there will be no blobalisation sweety "

" No, that ain't blobalisation, that is just one fat dude. And ONE FAT DUDE is not a world wide problem as long as he will not multiply himself, see?! "
by Minkeloneous April 29, 2009
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globalization

Globalization is the inter-dependence of nations on one anothers' goods, resulting in a global economy. One may argue that such has occurred since civilization began, with the thing we know as commerce, but that is more wrong than right.

There are perks of globalization, such as:
- The ability to travel internationally easier.
- A wide variety of goods, differing in quality and price dramatically.
- Forced peace between inter-dependent nations, which results in less war.
- More universal measurement, arithmetic, and language, making it easier for people to communicate internationally.

Of course, globalization has serious draw-backs, too:
- If one economy declines, the rest do, too. This is much like a farmer using one variant of one crop, which will result in the destruction of most of his crop, if a bad disease hits.
- If a universal currency is not used, some, smaller nations will have disadvantages in trade.
- If one nation so chooses to withdraw from the global economy, the entire thing could collapse.
- Those countries that offer less valuable products than others will get fucked over.
- The richer nations profit more than the smaller ones.
I, personally, do not advocate globalization.
by Amerikaner August 25, 2006
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