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Before moving to these essays, consider the discussion below about some of the economic, political, social and cultural manifestations of globalization.

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Regionally, too, organizations like the North America Free Trade Association (NAFTA), the European Union (EU), and the Association of South East Asian Nations (ASEAN) work towards economic integration within their respective geographical regions.

Many economists assess economic globalization as having a positive impact, linking increased economic transactions across national borders to increased world GDP, and opportunities for economic development.

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The recent focus on the international integration of economies is based on the desirability of a free global market with as few trade barriers as possible, allowing for true competition across borders.

International economic institutions, such as the World Trade Organization (WTO) and the International Monetary Fund (IMF), facilitate this increasingly barrier-free flow of goods, services, and money (capital) internationally.

Political manifestations of globalization Globalization has impacts in the political arena, but there is not a consensus among social scientists about the nature and degree of its impact on national and international politics.

Some political scientists argue that globalization is weakening nation-states and that global institutions gradually will take over the functions and power of nation-states.

"Globalization" is a term that came into popular usage in the 1980's to describe the increased movement of people, knowledge and ideas, and goods and money across national borders that has led to increased interconnectedness among the world's populations, economically, politically, socially and culturally.

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