Essay by nihanstUniversity, Master'sA+, March 2006

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A Introduction

B Literature Review

1 History of Globalization

1.1 What is globalization and internationalization

1.2 Timeline of globalization

1.2.1 Pre 18th Century

1.2.2 First wave of globalization and the age of mass migration (circa 1870-1913)

1.2.3 War, instability, depression and de-globalization (1913-1945)

1.2.4 The post-1950 period: The second wave of globalization and constrained international labour markets

1.3 Elements of globaliization

1.3.1 Trade

1.3.2 Capital Flow (movements)

1.3.3 Spread of information and technology

2 Who are the supporters, who are against globalization

2.1 Supporters of globalization

2.2 People and organizations against globalization

3 Is Globalization good or bad?

3.1 Advantages of Globalization

3.2 Disadvantages of Globalization

4 Effects of technological developments and information technologies on globalization process

4.1 Information Technologies and Globalization

4.2 The impact of the Internet on globalization

4.3 The impact of Internet-related Technologies on globalization

5 Drivers of corporate internationaliization and globalization: Why firms go abroad?

5.1 Government drivers

5.2 Market drivers

5.3 Cost drivers

5.4 Competitive drivers

C Conclusion

D References


The growing integration of economies and societies around the world.

Globalization is not new, though. For thousands of years, people--and, later, corporations--have been buying from and selling to each other in lands at great distances, such as through the famed Silk Road across Central Asia that connected China and Europe during the Middle Ages. Likewise, for centuries, people and corporations have invested in enterprises in other countries. The term "globalization" has acquired considerable emotive force. Some view it as a process that is beneficial--a key to future world economic development--and also inevitable and irreversible. Others regard it with hostility, even fear, believing that it increases inequality within and between nations, threatens employment and living standards and thwarts social progress. There are a lot of questions about globalization like when did it begin,