3. Globalization
Globalization refers to the free movement of goods,
capital, services, people, technology and information.
It is the action or procedure of international integration
of countries arising from the convergence of world
views , products, ideas, and other aspects of culture.
This site considers not only the Globalization of the
Economy but also the Globalization of Politics ,
of Culture and of law.
5. Characteristics of Globalization
Free trade between countries; absence of excessive
governmental control over trade
Control of economic activities by domestic market and
international market; coordination of national
economy and world economy;
Breaking of national barriers and creation of inter-
connectedness; the ideal of 'borderless globe'
articulated by Kenichi Ohmae.
The freedom of the industrialist/businessman to
establish industry, trade or commerce either in his
country or abroad; free exchange of capital, goods,
service and technologies between countries
6. Localization
Occurs as an increasing or a strengthening of local
tradition in resistance to the globalisation practice.
Some people consider globalisation as a danger to
cultures, economies, politics, and environments.
Localization is the process of adapting a product, in our
our context a software program, to a specific locale, i.e.,
i.e., to its language, standards and cultural norms as well
well as to the needs and expectations of a specific target
target market.
7. FACETS OF LOCALIZATION
Politcal Nationalism
Religious Differences
Resistance to economic globalization
Custom and practices that preserve local
identities
