Understanding Globalization

Definition of Globalization

• Globalization refers to the increasing interconnectedness and interdependence of the world's economies, societies, and cultures.

Components of Globalization

• Economic globalization: integration of national economies into a global economy
• Cultural globalization: spread of cultural values and norms across the world
• Political globalization: increasing role of international organizations and institutions

Irreversible Global Trends

• According to Akintunde (2006), four irreversible global trends with great benefits for academic purposes are:
  • Digitization of information
  • Increased accessibility of information
  • Globalization of education
  • Increased collaboration among academics and institutions

Contribution of Academic Libraries in Nigeria

• Academic libraries in Nigeria can contribute to the pool of global information by:
  • Providing access to digital resources and databases
  • Facilitating collaboration and knowledge sharing among academics and institutions
  • Developing and promoting local content and research

Aims of Globalization

• Globalization aims to achieve a more interconnected and interdependent world, where people:
  • Have increased access to information, opportunities, and resources
  • Can collaborate and share knowledge across borders and cultures
  • Can benefit from global economic growth and development