globalización

The process of increasing interconnection of economies, cultures, and governance across national borders. Spain's Inditex/Zara pioneered globalized fast fashion; Latin American economies have been significantly shaped by global commodity markets; and the Spanish-speaking world's 500 million speakers represent a major global cultural and economic force. India and the Spanish-speaking world share interests in South-South cooperation.

“La globalización ha transformado la economía y la cultura española en las últimas décadas.”

In English: “Globalization has transformed Spain's economy and culture in recent decades.”