ABSTRACT
The concept of globalization is widely set and as such encompasses a number of disciplines analyzed from different perspectives. Globalization is one of the most widely debated issues of the present age. Generally speaking, the debate involves those who are supporters of globalization or ‘globophiles’, as opposed to those who do not support global processes or ‘globophobes’. The greatest ‘globophobes’ believe that globalization is a means for developed nations to colonize developing countries through economic control and that these countries are helpless victims of globalization. In support of this claim, they argue that globalization enables developed countries to exploit the natural resources of developing countries and deplete nonrenewable resources. The economic crisis of 2008 showed a close link between the crisis and the decline in the level of economic globalization in the world. Consequently, the new economic crisis will make it difficult to halt the long-standing international processes of interconnecting countries in a global context.
