| econ., polit. |
glocalization (Glocalization (a portmanteau of globalization and localism) is the "simultaneous occurrence of both universalizing and particularizing tendencies in contemporary social, political, and economic systems."  wikipedia.org Olvic); glocalisation (The term ‘glocalisation' (or glocalization) refers to a product or service that has been developed to meet both local and global needs of intended customers. || the idea that companies should think globally, but use methods in each particular place that are suited to it: There's a current trend towards more local supply chains – known as glocalisation or re-industrialisation. || Mitsubishi Bank believes in ‘glocalization' – adopting local ways in each of its global locations.; journalism wikipedia.org 'More) |
