What is globalization? Although it is not a new phenomenon, the term "globalisation" has been used increasingly since the 1980s. However, its origin can be traced to long before the modern era [4]. There are a variety of definitions of the concept of globalization. Adams (2011) argues that: Globalization has been the catchword of the late 20 th and early 21 st century. It refers to the growing integration of the world, linking together into one global whole what had, heretofore, been independent activity centers all over the world. Globalization is an ongoing process. Although the world is becoming smaller as trade barriers are reduced and as communications and transportation improve… the world becomes more integrated; it is said to become more "globalized". The term globalization has important economic, political, social, and cultural dimensions (Adams, 2011, pp.3-4) This view suggests that globalization is an ongoing process that integrates activities worldwide into one global world through communications and transportation and shrinking distances. Held, McGrew [6] identify three dimensions of global interconnectedness. They state that: Globalization refers to the widening, deepening and speeding up of global interconnectedness... Globalization can be taken to refer to those spatio-temporal processes of change which underpin a transformation in the organization of human affairs by linking together and expanding human activity across regions and continents. Without reference to such expansive spatial connections, there can be no clear or coherent formulation of this term [6]. Held, McGrew [6] definition emphasises the relationship between human activities and processes with regard to the spatial, which are concerned with time and space as well as the global scale of expanding and deepening of such connections. Giddens [7] provides further explanation in his argument that: Globalization can thus be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa. This is a dialectical process because such local happenings may move in an obverse direction from the very distanciated relations that shape them. [7] Giddens [7] underlines the distant local relations of the world and social ties intensification, which is similar to the previous emphasis by Held, McGrew [6] although he identifies greater complexity. Adams (2011) view is focused on reducing trade barriers to link the world globally. In other words, globalization can be viewed as a compressed world, which makes the world an interconnected place. The next section will discuss the opposing views of globalization from an economic and sociocultural perspective; this includes, the impact of globalization on cultural, social, educational and economic aspects of countries. Views of globalization: Economic view of globalization: Neo-liberalism: As stated above, neoliberal theory places emphasis on the free-market economy and considers educat...