Globalization in its very literal sense refers to the process of local phenomenon into global ones; a process by which the people of the world are unified into a single society and function together. This entire process is a synthesis of economic, technological, socio-cultural and macro political forces. But mostly the term globalization is used to highlight strongly on economics i.e. the integration of national economies into an international economy through trade, foreign direct investment, capital flows, migration and the spread of technology. The main purpose of this paper is to look at how far back globalization goes. Another area on which the author focusses on is to find in which period we can trace the roots for current globalization. This research work emphasizes the fact that the first marks of globalization initiated long time ago, whereas the institutions and structures which facilitate the current globalization process are much more of recent origin. This paper will provide an analysis of globalizations relationship with prior patterns of inter-regional contacts of people to determine more precisely what is really new about the recent developments. The author will also bring forth whether the current changes constitute in reality a huge change of unexpected magnitude or rather an acceleration of experiences to which many countries have already adjusted or responded to. Finally, as against any single perspective, the paper advocates for continued debate and dialogue for recognition of the complexities in determining any point of the origin of globalization.
Globalization, History, Process, Synthesis, Economy
