The term "globalization" used in relation to a host of social, economic, cultural and political processes

Experts tell us that globalization is important for all of us because it is pervasive and global and is creating deeper interdependencies and interconnectednesses among regions, nations, governments, businesses, institutions, communities, families, and individuals. It is bringing about fundamental and swift changes in the way we live, work, travel, govern ourselves, and manage our economic interests and social relations.
A key lesson we learn from these experts is that globalization can and must be managed. Since globalization affects all nations, governments, businesses, communities, and individuals, the best we can do is fight back or respond in kind in order to take advantage of its opportunities and to minimize its potential adverse consequences. This requires a strategic approach to globalization. Nations, governments, businesses, institutions, communities, and individuals should not see themselves as helpless victims of globalization; rather, they should actively take the initiative to understand the nature of globalization, its causes, and its consequences on the ground; assess their own opportunities, strengths, and limitations; and develop realistic goals and a plan of action for managing globalization. It is not easy, and there are no guarantees or shortcuts, but the strategic approach is better than isolation or surrender. Doing it in partnership with others increases the chances of success and mitigates against some of the negative consequences.