"Globalization" is a term with a specific meaning, referring to late twentieth-century developments. But certainly American policy toward its Latin American neighbors reflected a commitment to expand its involvement in the affairs of other nations. During the period in question, the United States promoted investment in nations throughout Central and South America and the Caribbean. Therefore, the nation sought to promote political stability, especially against leftist and nationalist-oriented regimes that would threaten these investments.
The United States Marines in particular were dispatched to nations around the region many times, to locations ranging from the Dominican Republic to Venezuela. The goal of these interventions was to shore up governments seen as friendly to American business interests and to avert European involvement in the region. President Theodore Roosevelt called this approach "big stick" diplomacy, his successor William Howard Taft styled it "dollar" diplomacy, while Woodrow Wilson chose to stress American support for democracy in these countries. In each case, the result was the same. Later, President Franklin Roosevelt would emphasize that the United States sought to be a "Good Neighbor," and promised to limit American intervention in the affairs of Latin American countries.
Whether the US policy toward Latin American countries amounted to a global outlook is debatable. Even American isolationists generally accepted the premise of the Monroe Doctrine (and the so-called Roosevelt Corollary): Latin America represented an American sphere of influence, one off-limits to European nations. One could support active intervention in Latin American affairs without accepting American involvement elsewhere.