By Kathryn Stack.

Globalisation is by no means just an economic phenomenon. It has numerous facets including the social dimension. It can be described as ‘the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets’. It can also be described as the development of a country into a single global entity whereby territorial sovereignty is reduced, boundaries become blurred and the Westphalian system of states, where politics is governed by the Raison d’État and not theology, no longer fits.

Read the full article here.