|globalization or globalisation (ˌɡləʊbəlaɪˈzeɪʃən)|
|1.||the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications|
|2.||the emergence since the 1980s of a single world market dominated by multinational companies, leading to a diminishing capacity for national governments to control their economies|
|3.||the process by which a company, etc, expands to operate internationally|
|globalisation or globalisation|
In 2000 the media were full of references to globalization of the economy, communications-even politics and military affairs. Large crowds turned out to protest meetings such as that of the World Trade Organization (WTO) in Seattle, Wash., in 1999 or called attention to International Monetary Fund (IMF) policies in granting loans to struggling economies. What were these protests all about?
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