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  1. Jul 6, 2006 · July 6, 2006. Correction Appended. Theodore Levitt, a former professor at the Harvard Business School credited with coining the term "globalization" and with championing the undervalued role of ...

  2. Theodore Levitt. Theodore Levitt (March 1, 1925 – June 28, 2006) was a German-born American economist and a professor at the Harvard Business School. He was editor of the Harvard Business Review, noted for increasing the Review's circulation and popularizing the term globalization. In 1983, he proposed a definition for corporate purpose ...

    • The First Trading Networks
    • Globalization and The Gold Standard
    • Globalization in The 20th Century
    • Globalization Today
    • The Bottom Line

    Some place the beginning of globalization at the Age of Exploration, when Europeans in the 1400s set sail across the Atlantic for shorter spice routes to China and India. Many mark the voyages of Christopher Columbus and other sea-faring captains for opening up commercial trade routes across the world as the beginning of globalization. Other schola...

    Many historians believe that the first wave of globalization began with the gold standard in the 1800s.Even though at the time there was mass trade across the Atlantic, chartered trading companies, and the slave industry, there was still no global price convergence . Gold had been used as currency for thousands of years, with the value of those gol...

    After World War II, many countries attempted to break down trade barriers, promote free trade, and set up global organizations. The Bretton Woods Conference in 1944 created the World Bank and the International Monetary Fund(IMF). One view states that globalization cannot be backdated before the late 1940s—the post-war era when the United States est...

    This trend has reversed again in the 21st century, an era of unprecedented global integration. Changes in technology and international economic policies have reduced many barriers to the free flow of goods, services, and capital. Transport and communications costs have significantly dropped; at the same time, there have also been reductions in tari...

    Many scholars argue that parts of the world have always influenced other parts and that the current state of affairs is a natural progression from earlier stages. The exchange of ideas and trade has, in one form or another, existed as long as humanity has existed. The beginnings of modern globalization can be traced to different points in the 19th ...

    • Katelyn Peters
  3. Oct 22, 2024 · globalization, integration of the world’s economies, politics, and cultures.German-born American economist Theodore Levitt has been credited with having coined the term globalization in a 1983 article titled “The Globalization of Markets.”

  4. Sep 12, 2014 · A bstract. ‘Globalization’ is an extraordinary concept. It is a complicated concept that burst upon the world relatively recently, but soon became a household concern. It is a concept that was rarely used until the 1990s, but processes of globalization had been happening for centuries. This article follows the genealogy of the concept from ...

    • Paul James, Manfred B. Steger
    • 2014
  5. The term globalization first appeared in the early 20th century ... The back tracking of globalization has coined the term "Slobalization." Slobalization is a new ...

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  7. Jul 9, 2006 · Theodore Levitt, 81, the former Harvard Business Review editor who coined the term "globalization," died June 28 at his home in Belmont, Mass., after a battle with prostate cancer.

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