WEBSTER: 'Globalization is the development of an increasingly integrated global economy marked by free trade, free flow of capital, and the tapping of cheaper foreign labor Markets'
ROBERTSON (1992): 'Globalization as the "understanding of the world and the increased perception of the world as a whole." Therefore, the term has a rich concept that people need to have deliberate grasp in order to fully understand the term'
ALBROW AND KING (1990): 'Globalization as "all those processes by which the people of the world are incorporated into a single world society. This only means that people around the globe live in a borderless community'
STEGER (2005): 'Globalization should be confined to a set of complex social processes that are changing the current social condition derived from the modern independence of nation-states. Concepts of globalization create, multiply, stretch, and intensify worldwide social interdependencies and exchange while making people aware of connections between the local and the distant'
INTERNATIONAL MONETARY FUND (IMF, 2000): 'Globalization 'offers extensive opportunities for truly worldwide development, but it is not progressing evenly'. Some countries have integrated into the global market rapidly, while others have not yet integrated. Globalization is not a recent phenomenon and has been facilitated by advances in modern technologies making international transactions in trade and finances convenient, accessible, and easy'
Rapid interconnection worldwide links among people in the local, national, and regional context due to social and economic relationships and networks relevant in global interactions
GIDDENS (1991): 'Globalization is the process of intensifying social relationships among countries around the world connecting separate localities in a manner in which local events are formed as a result of happenings that have occurred from afar'
HUTTON & GIDDENS as cited by CUTURELA (2009): 'Globalization is the interplay of extraordinary technological innovation mixed with influence of the world that gives today's changing its complexity. Steger (2014) pointed out that in the mid-1990's, more population in the global north and south had accepted globalism's core claims, thus internalizing large parts of its overarching neo-liberal framework'
STEGER (2005) cited FREEDEN (2003): 'Globalization denotes not an ideology, but a range of processes nesting under one rather unwieldy epithet. Global flows occur in different physical and mental dimensions'
Robert Hormats (1998): ''The great beauty of globalization is that no one is in control.' No individual, government, or institution has control over globalization'
Thomas Friedman (1999:112-3): 'The most basic truth about globalization is that 'No one is in charge but the global marketplace today is an Electronic Herd of often anonymous stock, bond, and currency traders and multinational investors, connected by screens and networks''
Francis Fukuyama (2000): 'There exists a 'clear correlation' between the country's level of economic development and successful democracy. Globalization and capital development do not automatically produce democracies, but the level of economic development resulting from globalization is conducive to the creation of complex civil societies with a powerful middle class'