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Globalization refers to the growing interconnection and interdependence among countries through the increased flow of goods, services, capital, technology, information, and people across borders. It represents the process by which the world is becoming increasingly integrated economically, socially, culturally, and politically. Globalization has transformed how nations interact, how businesses operate, and how individuals experience life in an interconnected world. In the context of sustainable development and smart cities, globalization plays a crucial role by shaping urban growth, influencing environmental policies, and determining access to global innovations and technologies that can make cities more efficient, resilient, and inclusive. The enhanced pace of globalization in recent decades can be attributed to several interrelated factors. One of the primary reasons is technological advancement. The rapid development of communication and information technologies, particularly the internet, mobile networks, and digital platforms, has made the exchange of information instantaneous and borderless. Businesses can now operate across continents with virtual connectivity, while governments and citizens can access global knowledge networks. These technologies have also fostered the emergence of smart cities, where data and digital infrastructure are utilized to optimize urban services, energy management, and environmental sustainability. Another key driver is the liberalization of trade and investment policies. Governments around the world have reduced tariffs, opened their economies to foreign direct investment, and signed multilateral trade agreements, enabling the free movement of goods and capital. This liberalization has led to global supply _________ ___ __________ _________ _____ ______ ____.
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