### physical process:

Globalisation
* Western conspiracy to control countries, their population and their resources.
* aims to conquer markets rather than nation states.
* also brings with it rapid change and new challenges
  - gives the opportunities for the nations and individuals
  - has implications for the relationships between groups of countries
  - impacts on welfare provisions in both the South and the North
  - implies that certain types of policy measures become less effective
  - means the plundering of our planet
* basically means that one predominant system of values transpires all over the planet.
* brings about intense competition for trade, talent and international investments.
* can also adversely influence the culture of a society
  - be a powerful and dynamic force for growth and development
  - only deepen if poverty also becomes globalised
* complex phenomenon marked by two opposing forces.
* creates new opportunities for growth in the developing countries.
* emerges most clearly as an economic reality.
* fact of life
  - modern life
* favours an elite integrated in the global economy, with economic and political power.
* force for economic growth and job creation, given the right economic policies.
* grand design to re-colonise the developing world.
* has an enormous impact on international foreign policy issues
  - economic, political, and cultural aspects
  - huge health implications in the light of our interdependence as a species
  - important implications for the role of leaders
  - many meanings
* has the power to bring immense economic benefits to all countries and people
  - leave some segments of society vulnerable
* highlights different collective choices in the matter of human rights.
* hinders Governments' efforts to reduce the gap between rich and poor.
* increases competition, thereby providing a positive contribution to price stability.
* influences the law as well.
* involves taking over much more land and impoverishing lakhs more.
* is Western capitalism internationalised
  - actually the globalisation of poverty
* is an ongoing process that presents opportunities, as well as risks and challenges
  - undeniably capitalist process
  - as much a challenge to individual identity as nationalism
  - both a cause and a consequence of the information revolution
  - driven by the financial markets
  - enormously beneficial to the entire world
* is one of the characteristics of our age
  - great paradoxes of our time
  - principal theme-words of the present age
  - potentially a new form of colonization
  - powerful, and some have argued that it has rendered the nation-state redundant
  - seen as a new engine for producing prosperity and higher income in many countries
  - simply the application of liberal capitalism on a global stage
* is the effective erasure of national boundaries for economic purposes
  - rising tide of cheapness and superficiality
* is, in short, increased social relations internationally.
* juggernaut out of control, run by a small number of dickheads in suits.
* kind of unavoidable situation.
* means both increased interdependence and increased regulation
  - companies can now trade all over the world
  - national organisations are looking for international links
  - that for many workers, bosses are thousands of miles away
  - the breaking down of frontiers, whether they divide out minds or our countries
* new historical era
  - word in the Indian business lexicon
* offers states an opportunity to compete for mobile economic activity.
* operates on Internet time.
* part of our life.
* process which has an important fiscal dimension.
* provides great opportunities for developing countries to grow rapidly.
* reality from automotive to aerospace, from construction to communications.
* reinforces a sexist and patriarchal system.
* serves as another stimulus for the transformation of the insurance market.
* single term for a lot of paradoxical and contradictory changes.
* social phenomenon as well as a historical trend.
* stimulates entry to previously closed markets.
* takes many forms.
* term used constantly today.
* theory now accepted almost without dispute.
* wears the cloak of liberalisation and openness.
* western phenomenon or rather it European phenomenon.