Globalization: Trends and Consequences
1. Different Views on Globalization
2. Globalization and the Changing Role of Nation-States
3. A New Balance of Economic Power
4. Pressure on Wages, Employment, and Social Welfare
5. Living in an Age of Insecurity and Uncertainty
6. The Decline of Interstate Wars and the Rise of Intrastate Conflicts
Different Views on Globalization
Globalization can be defined as a process resulting in more interdependence and mutual awareness among economic, political, and social units of the world [2, 1, 3, 4]. Globalization is a complex and multifaceted phenomenon that is associated with increasing cross-national movements of goods, services, capital, people, and information [1, 2
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