Globalization (or globalisation) describes an ongoing process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of exchange. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors. The term can also refer to the transnational dissemination of ideas, languages, or popular culture.
Pakistan ranks 56th in the world on the Kearney/FP Globalization index. Their position on this index fell 10 spots from 2004 to 2006. Many multinational restaurant chains have established their franchises in major cities and towns in Pakistan.
A large Pakistani diaspora exists in the West and the Middle East. Whereas Pakistanis in the United States, Canada and Australia tend to be professionals, the majority of them in the United Kingdom, Germany and Scandinavia originally came from a rural background belonging to the working class. These emigrants and their children influence Pakistan culturally and economically, keeping close ties with their roots by travelling to Pakistan and especially by returning or investing there.
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