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- Title
Understanding Globalization and its Future: An Analysis.
- Authors
Riaz Mir, Usman; Mahnaz Hassan, Syeda; Majeed Qadri, Mubashir
- Abstract
Globalization is a complex and dynamic phenomenon. What make this phenomenon more complex are the contradictory justifications on the origin of globalization, conflicting ways of defining the phenomenon and differing viewpoints on globalization dimensions. This paper tries to provide definitions of globalization which support its historical development perspective. History has provided some details about ground breaking events in different eras of globalization. Various dimensions of globalization are also available in this study. Brief description of each dimension is given for understanding globalization from different aspects. Last and most important part of this paper is comprised of current events, statistics, reports and trend analysis which help in predicting globalization's future. Future is forecasted based on available facts and figures. Conclusively, the result of all discussion on future of globalization is that it will survive and gradually grow with respect to all aspects. Stage is set for enhanced globalization. Although it has pros and cons, it is on our part to support, facilitate and encourage positive impacts of globalization, while searching ways to minimize or discourage its drawbacks.
- Subjects
GLOBALIZATION; TREND analysis; STATISTICS; SOCIOLOGY; SOCIAL science research
- Publication
Pakistan Journal of Social Sciences (PJSS), 2014, Vol 34, Issue 2, p607
- ISSN
2074-2061
- Publication type
Article