The Reasons Behind the Globalization Phenomenon
Shahid Ferozie, Consultant, India, Member
Unfortunately the 7 so called myths are a fallout of localizing or reducing globalization to singular levels. Globalization needs to be understood as a phenomenon
and indeed has always been popular for centuries. The Arab quest for markets, the English and European penchant for colonizations and the modern attempts by companies [large as well small] to promote consumerism fall under globalization and the myths are not even close to the concepts of these attempts.
One needs to see the larger perspective. I believe that beginning from Adam Smith
 right down to Raymond Vernon
 and more recently Dunning
[1993,2005] have elaborated the logic behind globalization
; and there are bound to be more. Yet none of them bear out the so called myths.