economic globalization

USAGE SUMMARY

The phrase 'economic globalization' is correct and can be used in written English.
It can be used to refer to the integration of national economic systems on an international level. For example, "In recent decades, economic globalization has caused the integration of global markets, leading to increased interconnectivity between the economies of the world."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Economic globalization relies heavily on global supply chains.

The Washington Post

Lambin, E. F. & Meyfroidt, P. Global land use change, economic globalization, and the looming land scarcity.

Nature

Robertson rejects essentialist polarities between the global and the local, such as between economic globalization and local culture.

Encyclopedia Britannica

Economic globalization has so far not given rise to a framework for global governance.

Huffington Post

But maybe the real winner is economic globalization.

The New York Times

Economic globalization threatens decades of social and political development.

Massachusetts Institute of Technology

In the age of computer banking and economic globalization, this assumption carries little credibility.

The New York Times - Magazine

Economic globalization and the rise of the Internet helped speed those goods to market.

The New York Times

It is set against the background of increasing competition between different cities affected by economic globalization.

Cities

Why has economic globalization coincided with political fragmentation in this contradictory fashion?

The New York Times - Magazine

Tension is growing between economic globalization and the laws and institutions within national borders.

The New York Times

Expert writing Tips

Best practice

When discussing the impact of "economic globalization", be specific about the aspects you are addressing (e.g., trade, labor, environment) to avoid overgeneralizations.

Common error

Avoid attributing every economic shift solely to "economic globalization". Recognize the influence of other factors like technological advancements, political decisions, and regional dynamics.

Linguistic Context

The phrase "economic globalization" functions primarily as a noun phrase, often acting as the subject or object of a sentence. As Ludwig AI confirms, it's widely used to describe the increasing interconnectedness of global economies. Examples in Ludwig demonstrate its use in discussing various aspects like trade, policy, and cultural change.

Expression frequency: Very common

Frequent in

News & Media

43%

Science

32%

Academia

25%

Less common in

Encyclopedias

1%

Formal & Business

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "economic globalization" is a noun phrase used to describe the increasing interconnectedness of economies worldwide. Ludwig AI confirms its correctness and broad applicability. Predominantly found in News & Media, Science, and Academic contexts, it carries a formal and scientific register. While a very common phrase, it's important to use it precisely, acknowledging other contributing factors to global economic shifts. Consider alternatives like "global economic integration" or "international economic interdependence" for nuanced expression.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

global economic integration

Focuses on the integration aspect of economies on a global scale.

global economic interconnectedness

Stresses the interconnected nature of global economies.

international economic interdependence

Highlights the mutual dependence of economies internationally.

global supply chain integration

Emphasizes the integration of supply chains on a global scale.

global market integration

Emphasizes the integration of markets worldwide.

worldwide economic liberalization

Highlights the liberalization of economies worldwide.

free trade expansion

Specifically refers to the increase in free trade agreements and activities.

international commerce expansion

Focuses on the growth of commerce at the international level.

transnational economic flows

Refers to the movement of economic resources and activities across national boundaries.

cross-border economic activity

Highlights the economic activities that occur across national borders.

FAQs

How does "economic globalization" affect national economies?

"Economic globalization" can lead to increased trade, foreign investment, and economic growth. However, it can also create challenges such as job displacement and increased competition.

What are some alternative terms for "economic globalization"?

You can use terms like "global economic integration", "international economic interdependence", or "global market integration" to convey similar meanings.

Is "economic globalization" beneficial for all countries?

While "economic globalization" can offer benefits, its impact varies across countries. Some nations may experience significant gains, while others face challenges in adapting to increased competition and market volatility.

How does "economic globalization" differ from political globalization?

"Economic globalization" refers to the increasing integration of national economies through trade, investment, and capital flows. Political globalization, on the other hand, involves the increasing interconnectedness of political systems and governance structures.