Natural Resources and Globalization

Globalization is a multifaceted phenomenon characterized by the increasing interconnectedness and interdependence of countries and societies on a global scale. It involves the flow of goods, services, capital, technology, and information across borders, resulting in the integration of economies and societies (Dicken in Global shift: mapping the changing contours of the world economy, SAGE Publications, 2015). This integration has had significant implications for the utilization and trade of natural resources worldwide. This article will explore the definition of globalization and its impact on resource extraction and trade. It will also discuss the interconnectedness between global markets, resource availability, and consumption patterns.

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Author information

Authors and Affiliations

  1. Department of Geography, University college of science, Osmania University, Hyderabad, India Mohd Akhter Ali
  2. Division of Graduate Studies, Department of Geography, Centre for Economic Studies, Nizamiah Observatory Campus, Hyderabad, Telangana, India M. Kamraju
  1. Mohd Akhter Ali