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TECHNOLOGICAL UNIVERSITY OF THE PHILIPPINES

THE CONTEMPORARY
WORLD
Mc Daryl P. Cuaresma, LPT
THE STRUCTURES OF GLOBALIZATION
CHAPTER 1

LEARNING OUTCOMES:
• Define Globalization;
• Analyze the interrelated factors of globalization;
• Interpret how governments influence competitiveness; and,
• Explain why globalization is uneven based on the three rankings.
GLOBALIZATION
-Economic Process
It is defined as the recognition by
organizations that business must have
as global, not local focus.

It refers to a new perspective or


attitude, about relationships with other
people in other nations.

Economically, it also refers to the


unprecedented schope, shape, number,
and complexity of business relationship
conducted across international
boundaries.
GLOBALIZATION
...the Expansion of and intensification
of social relations and consciousness
across world-time and across world-
space.
(Manfred Steger, 2014)

...the process through which an


increasingly flow of ideas, people, goods
and services, technology and capital
leads to the integration of economics
and societies at a speed
unprecedented in effects and outcomes.
(Danug & Campanilla, 2004)
THREE INTERRELATED FACTORS OF
GLOBALIZATION (Stoner et.al 1995)
PROXIMITY LOCATION ATTITUDE

"shrinking globe" Transnational


To emphasize this management to Willingness to
new spirit of closer describe this develop the
ties and the growing practice of capabilities for
insignificant of miles spreading an participating in the
in today's global organization's global economy.
world, 'equidistant' operations across
many nations,
"Nothing is 'overseas' anymore"
BRIEF HISTORY OF GLOBALIZATION

BARTERING FEUADALISM/ EXPLORATION


MANORIALISM

INDUSTRIAL WORLD WARS GLOBALIZATION


REVOLUTION AND COLD WAR
Globalization and Competitiveness
COMPETITIVENESS
Refers to the relative standing of one competitor
against other competitors.

A prominent business and government concern


in the era of global business as a contest among
nations.

Direct consequence of the unprecedented


proximity among nations in the global market
place as - International Monetary Fund (IMF)

It refers to a country's preparedness for future


competitive interactions.
MEASURING GLOBALIZATION
KOF Swiss Economic Institute

ECONOMIC SOCIAL GLOBALIZATION POLITICAL


GLOBALIZATION Measures spread of ideas, GLOBALIZATION
Measures long distance flow information, images, and Measures the diffusion of
of goods, capital and services people. government policies in
as well as information and terms of the number of
perception that accompany embassies and consulates in
market exchanges. a country, membership in
international organization.
ACTIVITY #1
See MS Teams for details.

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