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Its meaning is not clearly defined, but the concept of it implies that the world grows together. It can be defined or interpreted in many ways; it could be interpreted as internationalization, liberalization, westernization, modernization, among others.
When Rudyard Kipling predicted in 1889 that “East is East, and West is West, and never the twain shall meet,” he would have never imagined that globalization and transnationalism would prove him wrong. Now you and people in the jungle, Cambodian monks, etc can email each other, trade computer files, or promote your common interests over an internet connection which connects you to everyone...
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