characteristics of globalization ppt. by professor timothy lim department of political science cal state los angeles. It can also help speed up other forms of globalization, like economic globalization, because standardized rules around food and trade standards makes it easier for companies to sell their goods overseas. Concepts related to cultural globalization include cultural adaptation, cultural diffusion, and hierarchical diffusion. Globalization Presentation. The cost of acquiring resources to research new technologies decreased due to economic globalization., Benefits of technological globalization. Economic Liberalization Central to globalization is the demand for states to open up their economies, allow for foreign investment, and increasing trade: economic liberalization, What others have said about globalization It has been said that arguing against globalization is like arguing against the laws of gravity. Theory of Liberalism: Tap here to review the details. This short book outlines the activities of the largest transnational trade union organizations, during the post-Soviet period and offers an explanation as to why they are not succeeding in their efforts to curtail the power of global capital. These are: Economic Globalization Social Globalization Cultural Globalization Political Globalization Environmental Globalization 1. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. It has been a major force shaping the world economy and society over the past few decades, and it has gone through several stages of development. Adidas sports goods are sold around the world. The SlideShare family just got bigger. Moreover, the emergence, development and expansion of Non- Governmental Organizations (NGOs) as an expression of political globalization; The role of the national states is to refer to the role of climate change and so on. Environmental globalization is simply the consequence of all the after-effects of other types of globalization. Presentation Outline. Out of those 17 goals, the no 13 was Climate Change. Financial Globalization 2. There are several emerging global issues in the field. . Learn more about our academic and editorial standards. Save my name, email, and website in this browser for the next time I comment. stock markets More of a connection between large cities than of nations Example: What happens in Asian markets affects the North American markets. Political risks of operating countries remain as the fundamental globalisation impact of PETRONAS because 42.1% of the company's revenue derives from international operation in countries such as Iran, Myanmar, Cuba and Sudan in the fiscal years ended in 2009. The League of Nations established after WW1 was certainly one of the pioneers . One of the best benefits we get from political globalization is peace in terms of no terrorism. In the globalization economy, the management system dominates as a component of production. 11, no. Sorry, preview is currently unavailable. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Many people think we shouldnt interfere in the decisions of other nations. Not to be confused with cultural globalization, sociological globalization refers to the idea that we now live in a shared society. Heritage and familial ownership of territory is getting weaker and weaker. Have questions about our features or pricing? Uploaded By DeaconFlyMaster265. 2nd December in 1984, India, an accident occurred at the Union Carbide pesticide plant in Bhopal (the capital city of the Indian state of Madhya Pradesh). According to the opinion of a group of sociologists, as the globalization process expands, the personal and collective identities of people become weaker. Economic globalization is the result of economic liberalization, deregulation, privatization, transit convenience, and enhanced communication. Economic Globalization [Types of Globalization], 2. Globalization* *ObjectivesUnderstand what is meant by globalizationUnderstand the advantages and disadvantages of globalization. Ecological Globalization 8. The preferred choice of leading Global Organizations. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. It includes the standardization of global rules around trade, criminality, and the rule of law. Some argue globalization takes place by moving a nations economy to the global level, some argue political systems, some social systems, etc. To them globalization increases our consumptions of lot of products made through natural resources which is affecting ecological cycle very badly. Globalisation with examples. What is Business Level Strategy? Geographical Globalization 1. When a stock market faces a decline, it negatively influences other markets and the economy as a whole. Activate your 30 day free trialto unlock unlimited reading. As a result, economic globalization refers to the process of developing economic interdependence among nations by transferring economic resources from one to another. The benefit of this is that its easy and cheap to get investments for new business ventures. This article will define, explain and examine all 8 types of globalization. It further accelerated the development of more advanced and updated technologies. Their increased capital can affect people, thus swaying public opinions.. This Globalization PPT Presentation template is a pre-designed layout. Presentation Transcript. We now work in multinational blocs to make decisions, and nations work together to solve problems. Thank you! You can download the paper by clicking the button above. Too Anxious? Peter L. Berger Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable. Relationships with people from distant places developed due to the development and expansion of new technologies, the expansion of business and communication systems, In this case the Internet, e-mail, website etc. Environmental Globalization [Types of Globalization], Sustainable Development and Environmental Globalization, What Is Globalization And History Of Globalization [4 Phases], Advantages and Disadvantages of Globalization, Meaning, Nature, and Scope Of International Relations, Realism Theory In International Relations In Detail, 7 Most Important Determinants Of Foreign Policy, What is Globalization and History of Globalization [4 Phases], 9 Advantages and Disadvantages of Globalization, Corporate Governance: Meaning, Principles, and Importance. Most of these were formed in the aftermath of World War II. It takes place in different types of forms. Type. This enables companies to trade freely and set up infrastructure in another. !c 11ksskkZ R)BJkskkBJZc! (adsbygoogle = window.adsbygoogle || []).push({}); Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This blog emphasizes on creating content that will allow you to easily gather and understand the information you need. Thus, less powerful countries with rich natural resources often run into devious companies with vested interests. Encourage brash consumerism: Increased per capita consumption in developed countries has pressured manufacturers. It is a multidimensional process which helps a country grow in various parameters. Political Globalization 5. 1. around the world) is faster than ever before. Looks like youve clipped this slide to already. Must-ReadGlobalization is a Myth or Reality. Our expert designers created this template to help you present any information in a compelling manner. The United States of America also affected a lot due to globalization. Environmental globalization refers to internationally coordinated practices and regulations in the form of international treaties regarding environmental protection. Technological globalization is closely connected to the anthropological scapes of globalization theory by Arjun Appadurai. Globalization can increase our standard of living but decrease our standard of life polluting air, water and other living things. international trade. quickly write down what globalization means to you?. A cultural phenomenon? All articles are edited by a PhD level academic. https://helpfulprofessor.com/author/admin/, Uses and Gratifications Theory: Examples and Definition, Urban Realms Model (Definition, Examples, Strengths, Weaknesses), Social Construction of Gender: 10 Examples and Definition, Stereotype Threat: 15 Examples, Definition, Criticisms. Political ideology is often referred to as one of the characteristics of globalization. international trade foreign direct investment remittances foreign aid. Technological Globalization 4. perceived distances are shrinking due to advances in, Globalization - . Manage and lead a global collections team of 3 direct reports. One example is the spread of punk music from the UK and USA around the world in the 1970s. Something went wrong while submitting the form. It helps prevent war crimes and polices bad actors on the international stage. The paper employs Gramsci's notion of a historic bloc and van der Pijl's understanding of the class fractions to examine the dilemma faced by Global Unions in seeking to extend to the global level the industrial relations regimes secured throughout the advanced capitalist countries in the postwar period. Globalization's Impact on Poverty. London and New York: Continuum International Publishing Group, 2008, Globalization and Industrial Development in Nigeria, Internalizing Globalization. Kofi Annan former U.N. Secretary General The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture. A historical view of derivatives shows that, while their use may be a fundamental cause of the crisis, derivatives express deeper trends in the evolution of capitalism: derivatives increase alienation, change the way we view ownership, and increase competition in our globalized political economy. As an Amazon Associate I earn from qualifying purchases. Investment in the globalization process has become a trade, not an investment in the trade. But a society is a group of people who all live together). Globalization is the interdependence of economies and cultures. percentage of more economic, Globalization - . Thai phenomenon affects not only local audiences but also global audiences. 8 Types of Globalization:1. By comparing the conditions that facilitated the creation of postwar industrial relations regimes to the current situation, the book hopes to illustrate the historical limitations of trade unionism as an effective form of resistance. However, it will hurt us badly if we throw caution to the wind for future pandemics. These may include gender based violence, gender inequality, Gender rights, gender health, gendered knowledge, gendered . Learn more about our academic and editorial standards. low wages combined with efficient production, Globalization - . IHDR 6k PLTE c9 !c1k Z!{cBZ11s9ZJ 9J{{{kJ1cs{)))ck))B sJ)kB1kkJ{Z9BJ 91!k{ Bs9! All the advice on this site is general in nature. Although these terms have elements in common, they have taken on technical meanings that distinguish them from each other and from common usage. Employers began taking advantage of cheaper labor with specialized skills., Although with weakened borders, it is still difficult for companies to set up entities in other countries. Thanks to social networks, we can connect with like-minded people worldwide. By analyzing large-scale historical lines unique to the late 20th century, I show that financialization and globalization mediated through US world hegemony and neoliberalism created feedback loops promoting, not just a quantitative rise in the use of finance, but qualitative changes to overarching production, distribution, and consumption practices throughout the global economy. It was also the beginning of a heightened international concern with the particularities of SIDS developmental trajectories, constraints and opportunities. That is, the expression of globalization also occurs in political ideology. Social globalization has already paved railroads for pandemics to proliferate incredibly.. globalization of manufacturing. Wave continues in European markets then back, Important to note: reflects interconnectivity of. Furthermore, people can identify as belonging to multiple geographic regions, especially if they hold multiple passports. That is why it has met some environmental measures while conducting business deals for sustainable development. Another aspect of social globalization is the movement of people. THE STRUCTURE OF GLOBALIZATION BY: ARNEL G. PEREZ, MS fTHE STRUCTURE OF GLOBALIZATION Intended Learning Outcomes: The Global Economy Define the following concepts such as economic globalization; market integration; modern world system; Market Integration and contemporary global governance The Global Explain the effects of globalization Definition, Types, Reasons, and Pros/Cons. Technological globalization refers to the spread of technology around the world. Globalization is essentially the means by which individuals, governments, companies, and countries interact with and affect one another, with the goal of helping to build strong alliances that mutually benefit one another. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. physical well-being in societies around the world. Primary Location. Globalization has led to higher income and a boom in production. Globalization 2. International bodies including the United Nations, European Union and World Trade Organization are key multinational organizations designed to facilitate increasing political globalization. Globalization is accomplished through the use of technology, as well as through trades and investments made internationally. Global Scale Analysis in Human History. Pp. disadvantages of food transportation. Ecological globalization is the idea that the Earth is a single ecosystem rather than a group of separate ecosystems. 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