Comprehending Globalization and Local Development

Abstract

There are increasing national and international concerns and uncertainties caused by the forces of globalization on local communities in the developing world.  Although these are valid concerns, this paper will focus on related and pressing issues on how to identify, accommodate, modify or fully accept practices associated with globalized and localized knowledge.  The authors of this article therefore hoped that the issues they are proposing within the paper can contribute to the ongoing debate on globalization vs. localization in both economically developed and the developing world.