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Globalisation

The ongoing process by which regional economies, societies and cultures have become integrated through a globe-spanning network of exchange. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.
The term can also refer to the transnational dissemination of ideas, languages, or popular culture.

Sources:

http://en.wikipedia.org/wiki/Globalization

Related terms:

Cultural competence    Culturally Competent Research    Human Rights    Multiculturalism    Pluralism    Universalism    
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