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The three waves of globalization
Authors: ---
ISBN: 144385607X 1443851590 9781443856072 9781443851596 Year: 2013 Publisher: Newcastle upon Tyne, UK

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Abstract

Globalization, i.e. the spatio-temporal processes of change leading to a transformation in the organization of human affairs, is said to have started as long ago as the end of the 15th century. This first wave of globalization was subsequently followed by two others. The third wave of globalization, which began after 2000, has made the world noticeably smaller. In fact, technological innovations have sharply increased the availability of new modes and channels of communication. As a result, t...

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