Multiple Definitions: A Key Issue In The Debate On Globalization
The debates on globalizationâ€™s definition are the main core of the theoretical work on this issue in the last decades. After more than 50 years since the word was used for the first time, there is no agreement on its definition. Our statement is that the lack of consistency, the imprecision and the ambiguity that could be found in definitions of globalization are sources of confusions and misunderstanding, and are the causes of the supra-abundant literature in this area. In order to develop our own definition, this study provides an overview of existing definitions, emphasizing their strength and weaknesses. In our opinion, the process of globalization is about creating connections between national states, companies, individuals and institutions, stable connections that will allow the development of commercial, financial, technological and information flows among these subjects.
Volume (Year): 1 (2012)
Issue (Month): 1 (November)
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- Alexander C. Dow & Sheila C. Dow, 2005. "The application of development economics: general principles and context specificity," Cambridge Journal of Economics, Oxford University Press, vol. 29(6), pages 1129-1143, November.
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