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Economic Concepts: Globalization
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DEFINITION

The term “globalization” describes the increased mobility of goods, services, labour, technology and capital throughout the world. Although globalization is not a new development, its pace has increased with the advent of new technologies, especially in the area of telecommunications.

LINKS

Globalization
Source: The World Bank Group
http://www1.worldbank.org/economicpolicy/globalization/

Globalization
Source: International Monetary Fund
http://www.imf.org/external/np/exr/ib/2000/041200.htm#II

Multinationals
Source: Statistics Canada
http://www.statcan.ca/english/freepub/11-623-XIE/2003001/multi.htm

 

 

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