.jpg)
Globalization and localization of development are the conditions in which the activities that collectively lead to the development and do not have the geographic boundaries of a particular country. Nepal is also globalized seen Nepalese economy has become part of an international economy. Nepal has already started globalizing its development such as importing, foreign good and exporting local well.
Localization is the opposite of the globalization. It is the situation in which development process is free from factors that lie outside the country. It provides services from one country to its national boundary so that it remains unaffected by the events occurring another part of the world.
Hence, they both are interrelated and opposite to each other i.e. globalization breaks the national boundary of development in the positive and negative way and localization provide services from one country to another without any problem.
image source: Google image