The concept of globalisation

The globalisation is an actual term applied towards the changes in societies

and world economy, resulting from extremely high international trade and cultural
exchanges which have become so widespread, nowadays. It denotes growth of
trade and investment due to the collapse of barriers and interdependence between
states, the almost exclusive reference to the effects of trade, and in particular
liberalisation of commerce and free trade, being encountered within economic
context. However, there is neither a certain definition of globalisation in a
universally accepted and, probably, nor precise form yet to be realised by
everybody, at this stage of development of globalisation. The reason lies in the fact
that globalisation undermines a multitude of complex processes throughout
variable dynamics reaching different areas of a definite society. It can be a
phenomenon, an ideology, a strategy, or all together, in the end of the day. The
new players have had to face the challenge of monopoly governance; emerging
multinational corporations, global financial markets, non – governmental
organisations (NGOs), as well as with some negative elements, such as: criminal
organisations and international terrorist networks etc. The activity of these new
players is not covered by international laws, which are based on formal
understandings between nation states, because they have not been able so far to
find a common ground for understandings about the process of globalisation. Thus,
between 1910 and 1950, a series of economic and political changes dramatically
reduced the volume and importance of international trade flows. But since the First
World War (WWI) and continuing with the Second World War (WWII), when
there were created the International Monetary Fund (IMF) and the General
Agreement on Tariffs and Trade (GATT), the trends have reversed in a
considerable way. In the environment after WWII, driven by international
economic institutions and reconstruction and development programmes, the
international commerce and trade have risen greatly. Since the 1970s, the effects of
these types of commercial and trade activities have become more visible both in
terms of major benefits and constructive effects. The chaos we face nowadays
derives from the fact that, starting from technological and economic progress,
which would have been impossible without the contribution and support of the
most developed European countries, in particular, a large number of human
activities are on a scale and horizon that they have crossed the national borders
within which sovereign states exercise their right to govern. This phenomenon is
called globalisation, a term that hides more than it allows to understanding. As the
field of human activities extends beyond national state regulations, legality and
rules have become too tight. Even though these aspects are intertwined and it is
useful to distinguish effects of globalisation in each of the economic, political and
cultural environments. Another key aspect of globalization is the change in
technology and innovation, especially in the transport and telecommunications
sectors, which are believed to have helped create the world's foremost standards.
Globalization is a world movement that does not include liberalisation.
Globalization is more about declaring a specific territory: locality, commune, town
or city as an international, worldwide territory with responsibilities and rights at an
international scale.