globality
n. A worldwide, interconnected economy that ignores national boundaries.

Example Citation:
"For several years now, 'globalization' has been the mantra for the expansion of international trade and foreign investment and the integration of markets. But we are now beginning to see a reality beyond globalization—the world of 'globality.' This is not so much a process as a condition, a world economy in which traditional and familiar boundaries are being surmounted or made irrelevant."
—Daniel Yergin, "The Age of 'Globality'", Newsweek

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