I understand it as the world getting smaller where constraints of space and time is reduced to a minimum. Which means I am able to communicate with someone in Asia as if he/she is living next door to me. Thus globalization is helped mostly by advancement of technology. That is what Globalization is in my opinion.
What do you think?
Kabbalah (external - login to view) does not let us live our lives in the dust, but elevates our mind to the height of knowledge." Johannes Reuchlin