5. Globalization describes an ongoing process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of communication and execution. Glocalization A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
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8. Caritas in Veritate— is a great challenge for the Church in a world that is becoming progressively and pervasively globalized.
9. The risk for our time is that the effectively interdependence of people and nations is not matched by ethical interaction of consciences and minds that would give rise to truly human development
10. Only in charity, illumined by the light of reason and faith, is it possible to pursue development goals that possess a more humane and humanizing value.
