Globalization refers to the increasing integration and interdependence of national economies through cross-border movement of goods, services, technology, and capital. It has accelerated in recent decades as trade barriers have fallen and transportation and communication costs have decreased. While globalization allows for specialization based on comparative advantage and increases productivity, it can also negatively impact developing countries through job losses and increased poverty. Pakistan faces a choice between embracing globalization's opportunities or remaining insulated and risking marginalization, as almost all other countries have chosen integration over insulation from global forces.