Globalization
has become a common word in the new era of international relations. Mainly it
is a process of expanding trade and commence all over the world by creating a border less market. But it has had a far reaching effect on many aspects of life.
With the development of high teach communication media and rapid transportation
facilities the world has come closer. We can now learn in an instant what is
happening in the farthest corner of the world and travel to any country in the shortest
possible time. Countries of the world are like families in a village. We are
living in a global village where third world countries like Bangladesh are in
constant international with the developed ones. The all pervasive network and international relationship among the countries are creating mixed feelings and
eliciting different responses from the world community. As Bangladesh is a
member of this global network. It is greatly influenced by the remarkable
process of globalization.Modern
technology and globalization
Globalization
is bow largely based on a strong technological foundation. The electric
transfer of information via the internet has now created an instantaneous and
interconnected world of information resulting in a twenty four hours trading
network. This technology has largely changed banking and financial activities.
Worldwide money transfer and transaction of business have now become a matter
of clicking the mouse of a computer. We can now buy and sell goods through the
electronic medium. Computers have thus
brought about a revolutionary change in today’s world. Globalization is now
only what technology makes possible.
