globalization
... This phenomenon called "Globalization" is a term that has acquired great fervent force. ... Ever since the term Globalization was first used to make sense of changes that occur on large scales, its meaning and use was debated by scholars. Globalization is more than a synonym for global business. ... I thought useful to mention that there is also a cultural, political and environmental dimension of globalization, because of the movement of people and knowledge across national borders. Unlike many people think, the term globalization is not a brand-new one. ... However I personally tend to be on the pro side of globalization and that is what I will attempt to show through this essay. ... With the crises that occurred in the emerging markets in the nineties, it has become evident that the opportunities of globalization do not come without risks. ... It is true that globalization offers broad opportunities for worldwide development; nevertheless it is not progressing in an even pattern. ... As globalization has progressed, living conditions have considerably improved in basically all countries.