Globalization can be defined as the free movement of goods, people, information, and
technologies across national borders in an unimpeded manner. The phenomenon not only has
economic consequences, but it also has social, cultural, political, and legal
ramifications.
It would be a mistake to think that
globalization is purely a modern phenomenon. In fact, historical precedent is one of the drivers
of globalization. For millennia humankind has attempted to integrate commercially, socially, and
culturally to mutual advantage. For instance, as far back as the 1st century, China exchanged
luxury goods such as silk and spices with Europe via the Silk Road. Although the Silk Road,
after centuries of commercial and informational exchange, eventually closed, during the spread
of Islam between the 7th and 15th centuries new international trade routes opened up. Europeans
circumnavigating the globe between the 15th and 18th centuries radically furthered international
links through trade and...
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