Definition of globalization noun from the Oxford Advanced Learner's Dictionary



(British English also -isation)noun
BrE BrE//ˌɡləʊbəlaɪˈzeɪʃn//
; NAmE NAmE//ˌɡloʊbələˈzeɪʃn//
[uncountable] Economy, International relations
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the fact that different cultures and economic systems around the world are becoming connected and similar to each other because of the influence of large multinational companies and of improved communication CollocationsInternational relationsTrade facilitate/​regulate trade (with other countries) form/​join a trading bloc live in/​compete in a global/​the world economy support/​promote free trade adopt/​call for/​oppose protectionist measures erect/​impose/​reduce/​remove trade barriers impose/​lift/​raise/​eliminate import tariffs (on something) have/​run a huge/​large/​growing trade surplus/​deficit embrace/​resist/​drive globalizationPolitics and law conduct/​handle/​talk about/​discuss foreign policy pursue an aggressive/​a hawkish foreign policy require/​use/​conduct diplomacy establish/​break off/​sever/​restore diplomatic relations foster/​promote/​strengthen regional cooperation facilitate/​achieve economic/​political integration exercise/​defend/​protect/​transfer/​restore/​regain national/​state/​full/​limited sovereignty consolidate/​extend/​lose/​retain your power (in the region) hold/​maintain/​change/​alter/​shift/​be a shift in the balance of power (in the region) cause/​create/​open/​expose/​heal/​repair a deep/​growing/​major/​serious rift between X and YMeetings and agreements have/​hold/​host/​attend an international conference/​an economic forum/​a G20 summit launch a new round of global/​multilateral/​world trade negotiations send/​head/​lead/​meet a high-level/​an official/​a trade delegation begin/​start/​continue/​resume peace talks be committed to/​be opposed to/​disrupt/​undermine/​derail/​sabotage the peace process negotiate/​achieve a lasting political settlement broker/​sign a peace deal/​agreement/​treatyConflict be/​constitute/​pose a threat to global security compromise/​endanger/​protect national security justify/​be in favour of/ (especially US English) be in favor of/​be against military intervention threaten/​authorize/​launch/​take/​support/​oppose unilateral/​pre-emptive military action impose/​enforce/​lift/​end economic sanctions/​an arms embargo/​a naval blockade close/​protect/​secure/​patrol the border lead/​be involved in a peacekeeping operationAid negotiate/​announce a $15 billion aid package/​an economic stimulus package send/​provide/​request/​cut off military aid bring/​provide emergency/​humanitarian relief deliver/​distribute medical supplies/(British English) food parcels fund/​run a foreign/​a local/​an international NGO reduce/​eradicate child/​global/​world poverty See related entries: Economy, International relations
See the Oxford Advanced American Dictionary entry: globalization