Thursday, March 3, 2011

Globalization


Globalization has become a buzzword in the new area of international relations. Basically, it is a process of expanding trade and commerce all over the world by creating a borderless market. But it has a far-reaching effect on many aspects of life. With the development of hi-tech communication media and rapid transportation facilities, the worked has come closer. We can now learn in an instant what is happening in the farthest comer of the world and travel to any country in the shortest possible time. Countries of the world are like families in a village. They can even share their joys and sorrows like next-door neighbors. If one country is in distress, others can immediately come to its assistance. If we can build up an atmosphere of mutual understanding and co-operation through this globalization process, our world could certainly be a better place to live in.