globalization

play

noun glob·al·i·za·tion \ˌglō-bə-lə-ˈzā-shən\

Definition of globalization

: the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets

Recent Examples of globalization from the Web

Yet talk of China as a leader in trade and globalization overlooks one massive contradiction: its own increasingly protectionist attitude at home.

— simon denyer, Washington Post, "Chinese media says ‘selfish and irresponsible’ Trump has crippled U.S. leadership", 2 June 2017
Earlier this year, Xi made a high-profile speech in Davos, Switzerland, embracing at least the idea of an economic globalization that Western leaders like Trump are increasingly fleeing.

— associated press, Fox News, "Trump's climate pullback opens door to Chinese leadership", 1 June 2017
On Tuesday, McCain said that despite a widespread perception that Americans have turned isolationist and protectionist under Trump, a majority of its citizens believes globalization is a good thing.

— kristen gelineau, The Seattle Times, "McCain urges Australia to stick by US despite Trump jitters", 30 May 2017
Maybe so, but that didn't mean that Democrats had to become cheerleaders for globalization.

— ron grossman, chicagotribune.com, "Democrats must start thinking about their theme for the day after Trump", 28 May 2017
Besides a few spindly cellphone towers, there are few signs of the globalization swamping Myanmar as the nation opens itself after half a century of isolation under a military dictatorship.

— doug clark, New York Times, "In Myanmar, a Lake That Sustained Generations Feels Strains", 28 May 2017
Blaming such deals for the growing trade deficits in the U.S., the Trump administration has sought to push back against the forces of globalization in favor of a nationalist trade policy out of sync with other G-7 nations.

— flavia krause-jackson, Bloomberg.com, "What G-7 Leaders Will Argue About in Sicily", 26 May 2017
Global Cleveland promotes globalization as a regional economic engine.

— julie washington, cleveland.com, "TechniCLE event sparked talk on ways to support region's tech startups", 26 May 2017
At cocktail parties where the Champagne flows, financiers have expressed bewilderment over the rise of populist groups that are feeding a backlash against globalization.

— alexandra stevenson, New York Times, "Davos Elites See an ‘Abyss’: The Populist Surge Upending the Status Quo", 19 Jan. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'globalization'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.