Академический Документы
Профессиональный Документы
Культура Документы
Globalization
Definition:
An economic phenomenon A social phenomenon A cultural phenomenon Biological phenomenon Political phenomenon
The movement towards the expansion of economic and social ties between countries through the spread of corporate institutions and the capitalist philosophy that leads to the shrinking of the world in economic terms.
A globalized world
Greater freedom of movement of goods, services, capital, people Global citizens The Information Age has only just begun
Economic Globalization
Increasing economic interconnectivity International division of labor Rapidly expanding volume of capital flows Capital remains concentrated among the wealthiest nations Mixed evidence as to the effect of economic globalization Unsure whether it exacerbates or reduces economic inequality Economic interdependence is related to more peaceful relations, but those left behind tend to be resentful
Made possible by: Technology Communication networks Internet access Growth of economic cooperation trading blocs (EU, NAFTA, etc.) Collapse of communism Movement to free trade
How far does trade help children like these? Lack of opportunities for the poor to be able to have access to markets.
No matter where you go in the world, certain businesses will always have a presence.
Cultural Globalization
Increases exposure to foreign ideas and practices, but Cultural exports are disproportionately from western countries, particularly the U.S. In some cases, has resulted in commoditization of cultures. Some ethnic and religious groups feel culturally threatened by globalization Has resulted in a sharp increase in reactionary nationalist and fanatical groups Has killed some cultures.
Corporate Domination
Key Issues: Damage to the environment? Exploitation of labour? Monopoly power Economic degradation Non-renewable resources Damage to cultures
Shell and Nikes activities have come under severe criticism in some quarters.
There are plenty of people who believe that globalisation is a negative development, protests at the G8 summits, pollution, poverty and concern over GM crops are just some of the issues.
Some conclusions Globalization is potentially positive, but needs better management: well-designed rules Important to position e-trade in a broader context of economic development, socioeconomic culture in the country, and engineering growth The immediate international environment also plays a role (in terms of partnerships) consequently, look for the right partnerships from a distance too.
Thank you !