What is globalization?

• The term globalization comes from English, as

base of the word ”globalization”
• which refers to the emerging of an international
network, belonging to an economical and social
system
• One of the earliest uses of the term
"globalization", as known, was in 1930 - in a
publication entitled Towards New Education - to
designate an overview of the human experience
in education
What is globalization?
• A near-term "giant
corporations" was used in 18973
by Charles Russell Tazel to
describe the big national trusts
and other large enterprises of
the time.
• Since 1960 both terms began to
be used interchangeably by
economists and researchers in
social sciences and were used
until about mid 1980
 What is globalization?
• Globalization can be linked to the local, the
national and the regional.
• a connection is made between social and
economic relationships and networks,
organized on a local and / or national, on the
other hand, it connects social and economic
relationships and networks crystallized on
wider scale the regional and global
interactions.
 What is Globalization?
• Globalization can refer to those spatial-
temporal processes of change, which
constitutes the fundament of the
transformation of human concerns in an
organization, linking together and expanding
human activity across regions and continents.
 Factors in Globalization
(1) Historical
(2) Economy
(3) Resources and Markets
(4) Production Issues
(5) Political
(6) Industrial Organisation
(7) Technologies.
Effects of Globalization
• Globalization certainly permits
an increase in the level of
global output.
• Globalization must be
expected to influence the
distribution of income as well
as its level.
• Globalization certainly permits
an increase in the level of
global output.
 Effects of Globalization
• Domestic income distribution: trade will tend
to hurt unskilled labour in rich countries and
to help it in poor ones
• Long-term possibilities of economic growth in
developing countries
• Globalization tends to make the technologies
and the knowledge for this process to occur
more readily available
 References
• Williamson, J. (1998). Globalization: The
Concept, Causes, and Consequences .
Retrieved https ://www.piie .com/commen
tary/speeches-papers/globalization-concept-
causes-and-consequences