Globalization – the growing integration of economies and societies around the world – has been one of the most hotly-debated topics in international economics over the past few years. Rapid growth and poverty reduction in China , India , and other countries that were poor 20 years ago, has been a positive aspect of globalization. The process of globalization had its origins in Europe, through the Portuguese, Spanish, Dutch, French, and English territorial and maritime expansion into all habitable continents, and included the discovery and colonization of the New World . All this globalization, industrialization, privatization etc; are a contrast phenomena of the same. The point is that all these are in to one pot of the revolutionary world for an ideal get together.

Debate abounds over whether globalization is good or bad for the self, the family, the nation, and the world. Some pessimists see increased interdependence as a terribly destructive trend, while optimists see a more diverse, better life for all. Some people argue that the world is no more globalized than it was in the waning days of the British Empire , but some see an information revolution that is unparalleled in history and widespread in its implications. The following articles have been assembled to shed light on these and other related issues.

Today’s children, the future workforce for the world, will confront intense competition in a world where workers are mobile, projects can be shipped instantly over the internet and customers everywhere demand bargain prices. Advising children to pursue an education is no longer adequate. At the World Economic Forum in Davos, a session on career advice for children was overbooked; attendees learned that the only certainty about children’s future is uncertainty. Honest advisors admit that industries don’t know what skills or jobs will be in demand a decade or two from now. Learning a skill applicable to many settings – strong language, communication and negotiating skills along with the ability to work in teams with diverse cultures – is better than a rigid set of facts that quickly become outdated. A parent must also cultivate motivation in children – helping them understand the social and economic challenges waiting ahead in their futures and igniting a desire to do their part to make the world a better place.