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Essay / Globalization in Turkey - 2175
Globalization is the concept by which regional markets come together using a universal network to improve government ideas through communication, transportation and trade. The concept is closely linked to that of economic globalization which integrates national economies into the international economy. Such integration is achieved through trade, foreign direct investment, capital flows and migration. Bhagwati (2004) observes that at a higher level, it can integrate technology diffusion and military presence. Ideology is to a greater extent a continuum of economic, technological, socio-cultural, political and biological factors, as Sheila (2004) points out. This term was first introduced by Pastor Taze Russell, in what he called "corporate" giants in 1897. Economists and social scientists, however, only began to use the term widely in The term has elucidated numerous definitions and interpretations claiming the history of great trade movements and empires across Asia and the Indian Ocean that Hopkins dates back to the 15th century (Hopkins, 2004). Globalization contributes to the reduction or eradication of constraints. by States in matters of cross-border trade. Furthermore, the reduction and eradication of state border constraints is sparking an increase and integration of multifaceted global production systems. This ultimately led to improved levels of exchange of goods and services. Thomas Friedman is of the opinion that globalization is a growing phenomenon and will therefore have an enormous influence on business organization and practice, just like globalized trade, outsourcing, supply chain and political forces have had it in the past (Friedman, 2008). Globalization can therefore be...... middle of paper ......sto.comFriedman, Thomas L. (2008). The Dell Theory of Conflict Prevention. Barclay Neighborhoods: Bedford,St. Martins. Hopkins, A.G. (2004). Globalization in world history. Norton. Kim, T. and Zurlo, K. (2009). How does economic globalization affect the welfare state? Focus on the mediating effect of social protection schemes. International Journal of Social Welfare, 18(2), 130-141. doi:10.1111/j.1468-2397.2008.00575.xNadeem, S. (2009). Macaulay's (cyber)children: the cultural politics of outsourcing in India. Ollila, E. (2005). Global Health Priorities – Priorities of the Rich? Globalization and health. Available at http://www.globalizationandhealth.com/content/1/1/6Sheila L. Croucher. (2004). Globalization and belonging: the politics of identity in a changing world. Rowman &b Littlefield. Stiglitz J. (2006) Making globalization work. New York, New York, Norton.