A Review of the Globalization Process
A Review of the Globalization Process

Summary/Abstract: This research paper tries to emphasise the actual context of globalization by reviewing its chronological development, its ideological deployment and, not least, its spectre of being a nexus of vantage points. All the advantages will be underlined from a critical thinking perspective and the need of a new path towards advance will be highlighted by underlining all the downsides developed by globalization as a process or as a model. In the end, the purpose of this paper will be rounded up towards the enlightenment offered by globalization towards developing emerging economies and empowering developed economies, including here their cooperation and growing living standards.

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