I think that we cannot talk about globalization without emphasizing
on words like emergin markets, economy, stabilization policy, monopoly
and free circulation of humans and goods.
Nowadays, powerful countries try to create oraganisations in order to offer to less wealthy ones an opportunity to develop. That is the case in Europe with the European Union (EU), which was created by five(5) wealthy countries and now regroups more than twenty five (25) countries. In all those countries, borders are reduced, markets and people are freed. For goods and other materials entering those countries, taxes are the same. And we can also give the example of the North American Free Trade Agreement between the United States, Mexico and Canada. It also allowed free circulation of goods but not people. It helps Mexico to import and export goods and other materials from the two other countries. Globalization can helps diffuse knowledge and reduce poverty. It has also some drawbacks. Developed countries, wealthy people , take more profit from globalization. The reality, even if it has changed a little bit, is still the same: poor countries stay poor and rich ones remain rich and even become more wealthy.
Personnaly, the thing I like more about it, is the fact that it reduces the length of the world. It becomes a small village where everything happening in the more hidden town is known. News from Senegal, can be announce in China in less than five(5) minutes with the improvement of new technologies of informations. We no longer see the world as a big globe with the internet, phones..etc.