Definition(s):

Economic globalization “pertains to deeper integration and more rapid interaction of economies through production, trade, and (unregulated) financial transactions by banks and multinational corporations, with an increased role for the World Bank and the International Monetary Fund, as well as the more recent World Trade Organization” (p.35).

Moghadam, V.M. (2005). Globalizing women: Transnational feminist networks. Baltimore, MD: The Johns Hopkins University Press.