Globalisation And Globalization

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The quintessential difference between the globalisation of the twentieth century and that of the twenty-first is choice. A hundred years ago, individuals and businesses could choose: to enter the global market or to focus on the local. These days there remains little choice. This manifests itself in every facet of life, from the eggs we buy to the subjects we study in school to the allocation of labour resources by businesses and corporations. Before delving too far into this, however, globalisation itself should be defined. The Global Policy Forum described it as “both an active process of corporate expansion across borders and a structure of cross-border facilities and economic linkages that has been steadily growing and changing as the process gathers steam.”1 This is the definition used throughout this essay. In this context, the impact of technology cannot be overstated. Globalisation is often discussed independently of the technological age, but the two are inextricably intertwined. According to Janet Muroyama, author of Globalization of Technology: International Perspectives, “markets are becoming more global as transportation and communication speed the flow of knowledge of new products, and greater investment is being made in research and development (R&D) as technological capability has expanded.”2 Thus, trying to disengage technology from globalisation would be akin to removing the egg from the “which came first” scenario. First of all, globalisation has

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