GLOBALIZATION

globalization
It is a process of interaction
and integration among the
people, companies and
government of different
nations (Aldama, 2018).
globalization
It is the increasing
economic, political and
cultural integration and
interdependence of diverse
cultures.
GLOBALIZATION
It is a process driven by international trade and information
technology

it is the process of world shrinkage, of distance getting

shorter, things moving closer (Thomas Larsson, 2001)
globalization
In simple terms, it is the
spread of business, culture
and technology on an
international level.
Globalization is a fact,
because of technology,
because of an integrated
global supply chain,
because of changes in
transportation. And we’re
not going to be able to
build a wall around that.

– Barack Obama
Economic
globalization
refers to the increasing
interdependence of world
economies as a result of the
growing scale of cross-border
trade of commodities and
services, flow of international
capital and wide and rapid
spread of technologies.
 FINANCIAL
globalization
refers to the ease at which money
can be spread around the world.
Internationalization of financial
markets has made it easier for
people to transfer money
internationally.
political
globalization
refers to the amount of
political co-operation that
exists between countries
Military
globalization
the process which embodies
the growing extensity and
intensity of military relations
among political units of the
world system
CULTURAL
globalization
refers to the transmission of
ideas, meanings and values
around the world in such a
way as to extend and
intensify social relations
SOCIAL
globalization
refers to the integration of our
societies. It is the idea that we now
live in a shared society instead of a
group of different societies.
We are now all a common society
who need to get along despite our
different cultures and beliefs
because what we do affects people
all around the world.
globalization
It is a set of processes
involving increasing liquidity
and the growing
multi-directional flows of
people, objects, places and
information as well as the
structure they encounter and
create that are barriers to, or
expedite those flows.
 DRIVERS OF GLOBALIZATION

Technological Development of Social and

Innovation Transportation Political
System Reforms
Metaphors Used in
Understanding Globalization
Solidity

Liquidity

Flows
SOLIDITY
refers to barriers that
prevent or make difficult
the movement of things.
It can either be natural
or man-made
liquidity
refers to an increasing ease
of movement of people,
things, information and
places in the contemporary
world. Movement is difficult
to stop.
FLOWS
are the movement of
people, things, places and
information brought by the
growing porosity of global
limitations/barriers.
 OTHER ThEORiES

Homogeneity Heterogeneity
 HOMoGENEITY
It refers to the increasing
sameness in the world as
cultural inputs, economic
factors, and political
orientations of societies expand
create common practices,
some economies and similar
forms of government
 HeteroGENEITY

pertains to the creation of

various cultural practices,
new economies and
political groups because of
the interaction of elements
from different societies in
the world.
 signs of Globalization

Increase in Increase in international Greater trans-border data

international trade flow of capital flow using technologies

Spread of multiculturalism and Greater international Greater international

access to cultural diversity travel and tourism cultural exchange
 Advantages

Peaceful relations Employment opportunities Spread of education

Product quality ₱
Cheaper prices Travel and tourism
 Disadvantages

Health issues Loss of culture Disparity

Uneven distribution of wealth Environment degradation

In a world of scarce resources,
globalization without new
technology is unsustainable.

–Peter Thiel
Thank you!