From Local Markets to Global Networks: the Transformative Power of Globalization in Tanzania
Year: 2025
Type: article
Abstract: Tanzania as among many other nations have experienced the dynamic changes in different sectors through globalization. Indeed, Globalization has emerged as an influential factor shaping the cultural, social, and economics of nations worldwide, and including Tanzania. This paper investigates the deep and complex impacts of globalization on Tanzania’s development route, focusing specifically on how communities and local markets ware integrated into wider regional and global links. The paper aims to understand both positive opportunities (technological advancement, cultural exchange and increased economic growth,) and negative or challenges (dependency on external markets, social inequality, and cultural destruction). The paper employs a comprehensive approach, including finding the viewpoints from other literatures and studies done in Tanzania as well as other parts of the world. This methodology enables people to understand of how communities, entrepreneurs, and local actors are adapting to a rapidly changing environment, that for sure are characterized by digital revolution, improved trade liberalization, and increasing of border cooperation. This paper explores and indicate that Tanzania’s local markets how it shown the significant change. It was the moving from traditional barter and exchange by cash to digital platforms, regional supply chains and mobile money. Such evolution has increased rural producers, and the access of market that ultimately fostering a more combined economy, increasing of regional trade agreements, and diaspora connections, have facilitated new opportunities for Tanzanian and allows them to expand and spread their markets out of Tanzania.
Author: Moh’d, Kassim Badru
Institution: University of International Business and Economics
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4412662355