ABSTRACT
Globalization generally refers to social, economic and political processes that transcend national and regional boundaries. Held et al. (1999: 16) conceive of it as a process (or set of processes) which embodies a transformation in the spatial organization of social relations and transactions, generating transcontinental or interregional flows and networks of activity, interaction, and the exercise of power. In this definition, “flows” refers to the movements of physical artifacts, people, symbols, tokens and information across space and time, while “networks” refers to regularized or patterned interactions between independent agents, nodes of activities or sites of power.
