Term Definition

Vera Jovanovic

Globalization is the process of growing and widening worldwide interconnectedness and interdependence. Although globalization is not a completely new concept and can be traced back to the empires of antiquity and, more recently, the age of colonisation and the industrial revolution, the last four decades have witnessed true global processes in every sphere of existence, economic, social, cultural and political. In a world that has become a global village,

Yankhoba Seydi

If liberals accept the existence of government, it is because they acknowledge that there are actions that individuals alone cannot or may not be able to carry out successfully or as successfully as government. Among those things are security (national defence, for instance), the administration of justice, the construction of countrywide infrastructures, etc. These are, according to Adam Smith, the key mission of state. But apart from doing what

Compiled and edited by Dr. Stefan Melnik, a senior advisor to the Friedrich Naumann Foundation as well as political communication trainer, editor and author of many books on liberalism. Names of outside contributors are respectively mentioned under the terms.

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