Globalization: Interconnected Worlds - "Although in its simplistic sense globalization refers to the widening, deepening and speeding up of global interconnectedness, such a definition begs further elaboration. … Globalization can be located on a continuum with the local, national and regional. At one end of the continuum lie social and economic relations and networks which are organized on a local and/or national basis; at the other end lie social and economic relations and networks which crystallize on the wider scale of regional and global interactions. Globalization can be taken to refer to those spatio-temporal processes of change which underpin a transformation in the organization of human affairs by linking together and expanding human activity across regions and continents. Without reference to such expansive spatial connections,there can be no clear or coherent formulation of this term. … A satisfactory definition of globalization must capture each of these elements: extensity (stretching), intensity, velocity and impact. (Held et al., 1999: 14–15, emphasis added)."

http://www.sagepub.com/upm-data/24132_19_Hollway_Ch_19.pdf