ABSTRACT
This chapter focuses on the human factor (HF) contribution to the globalization debate. It discusses some of the main HF school of thought critique of globalization by providing a framework for conceptualizing and understanding the HF dimension in the globalization process. As an economic phenomenon, globalization has three manifestations: international finance, international investment and international trade. The globalization of culture under the influence of economic factors and the technology revolution is altering cultural practices and global consciousness. HF characteristics such as integrity, accountability and responsibility play a significant role in helping sustain the effective functioning of markets. The HF, so defined and articulated, serves as a catalyst for promoting socioeconomic growth. Harnessing the appropriate HF levels will determine the extent to which socioeconomic and political factors interact to facilitate the development of the market and enhance the spread of economic, social, cultural, and technological change in an equitable and self-sustaining manner.
