Globalization: An Overview of Its Main Characteristics and Types, and an Exploration of Its Impacts on Individuals, Firms, and Nations DOI Creative Commons
Naeimah Alkharafi, Mariam Alsabah

Economies, Journal Year: 2025, Volume and Issue: 13(4), P. 91 - 91

Published: March 27, 2025

This paper presents a review of globalization by examining its main characteristics, types, and the advantages disadvantages associated with each type regard to people, firms, nations. It synthesizes literature provides structured analysis multifaceted impacts globalization. The combines theoretical constructs characteristics empirical observations contributions challenges globalization—based on multiple levels an analysis—including micro, meso, macro. Each is analyzed identify how it contributes economic growth, cultural exchange, political cooperation, technological advancement, environmental collaboration, while also presenting significant challenges, such as inequality, homogenization, dependency, digital divide, ecological degradation. Understanding multidimensional nature allows policymakers, business leaders, individuals navigate complexities more effectively, recognizing both opportunities risks. Although much examined through single lens, this offers integrative comparative perspective across various dimensions. By categorizing into according type, comprehensive nuanced understanding

Language: Английский

Globalization: An Overview of Its Main Characteristics and Types, and an Exploration of Its Impacts on Individuals, Firms, and Nations DOI Creative Commons
Naeimah Alkharafi, Mariam Alsabah

Economies, Journal Year: 2025, Volume and Issue: 13(4), P. 91 - 91

Published: March 27, 2025

This paper presents a review of globalization by examining its main characteristics, types, and the advantages disadvantages associated with each type regard to people, firms, nations. It synthesizes literature provides structured analysis multifaceted impacts globalization. The combines theoretical constructs characteristics empirical observations contributions challenges globalization—based on multiple levels an analysis—including micro, meso, macro. Each is analyzed identify how it contributes economic growth, cultural exchange, political cooperation, technological advancement, environmental collaboration, while also presenting significant challenges, such as inequality, homogenization, dependency, digital divide, ecological degradation. Understanding multidimensional nature allows policymakers, business leaders, individuals navigate complexities more effectively, recognizing both opportunities risks. Although much examined through single lens, this offers integrative comparative perspective across various dimensions. By categorizing into according type, comprehensive nuanced understanding

Language: Английский

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