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Within the last two decades, globalization has emerged as one of the most popular topics for study among the social sciences. In contrast, however, to other social science disciplines that immediately grasped the importance of globalization as a trans-disciplinary macro-level concept capable of describing, explaining, and predicting social phenomena, globalization has not yet achieved widespread popularity in psychology. This article discusses the concept of globalization, its emergence, definitions, meanings, consequences, and critical implications for psychology.