ABSTRACT

Although globalization is a relatively new concept, it has already provoked all kinds of analyses and discussions, and has given rise to a rich mosaic of theories and diagnoses. Academics from different disciplines, policymakers and NonGovernmental Organizations (NGOs) continue to study and debate, sometimes passionately, the extent to which globalization really exists and is or is not something new. Innumerable books, research papers, and articles have been written about globalization’s causes, dynamics, consequences, and future. And all over the world conferences and seminars are being organized to study and debate the impact and effects of globalization, the need for and conceivability of regulation, and/or the rationales for resistance to globalization’s outcomes.1