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Cohen and Kennedy believe that globalisation can be traced back through history, but that its processes have accelerated in recent years (Cohan and Kennedy 2000:34). Scholte (2000:62) separates the history of globalisation into three stages, the emergence of a global imagination which started as early as the fifth and sixth centuries to the eighteenth century, incipient globalisation from the 1850s to the 1950s, and full scale globalisation from 1960s to the present...
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While Scholte concedes that evidence of globalisation can be traced backward through history, he still refers to it as ?mainly new to contemporary history' (Scholte 2000:87).
The emergence of a global imagination truly was baby steps in terms of globalisation, as the lack of structure to facilitate frequent international transactions of trade or finance kept it so (Scholte 2000:64)...
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