globalize
verb (used with object)
to extend to other or all parts of the globe; make worldwide.
Used to describe an ongoing action or continuous state that was happening at a specific time in the past.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
A year earlier, the Soviet Union had collapsed and governments across the world were globalizing their economies.
From Time ● Oct. 25, 2011