Globalised

Globalised is the British English spelling of the adjective that describes something that has become part of a worldwide system, network or influence. The word derives from the noun global, meaning the entire world, and the suffix –ised, which turns a noun into an adjective that indicates a state or process. It entered common use in the late twentieth century as the pace of international trade, travel, communication and cultural exchange accelerated.

In economics the term is often used to describe markets, supply chains, and financial systems that operate at a global scale. A globalised economy is characterised by the movement of goods, services, capital and labour across national borders, and by multinational corporations that manage operations in many countries. The concept also applies to political arrangements, such as trade agreements and international organisations that coordinate policy across national lines.

Culturally, globalisation refers to the spread and mixing of ideas, media, food, fashion and language worldwide. Critics argue that it can erode local traditions and increase economic inequality, while proponents point to increased access to information and cultural diversity. The debate is often framed in terms of ‘globalisation versus localism’ or ‘global economies versus national sovereignty’.

The American English spelling is globalized. Both forms are considered standard and are used interchangeably in most contexts, though regional preferences may favour one over the other. In academic and policy writing the preferred form may be indicated by a style guide.

See also: global economy, economic liberalisation, cultural diffusion.