A L I Z AT I O N

GL O B
GLOBALIZATION

Free and comprehensive interaction of

countries in the world in the areas of
politics, economics, society, technology,
and culture.
Circumstances and factors that facilitate the
development of globalization:
The existence of a world market
Growth of international financial institution
Development of modern international
transportation and communication
Expansion of trade through transnational
corporations
Increase of foreign direct investments in
different countries
Promotion of innovative ideas and modern
technology
HISTORY OF GLOBALIZATION

Globalization resulted from the activities of

peoples and governments around the world.
The silk road helped in the spread of
globalization in history.
HISTORY OF GLOBALIZATION
The invasions by Alexander the Great and
conquest and subsequent establishment of
European colonies in different parts of the
world were among the reasons in hastening
of globalization.
HISTORY OF GLOBALIZATION

With the development of technology,

globalization spread rapidly during the 20th
century.
 ASPECTS OF GLOBALIZATION

1.COMMUNICATION
The spread of globalization became faster
because of computers and mobile phones.
 ASPECTS OF GLOBALIZATION

2.TRAVEL
Traveling around the world with ease helps
globalization.
 ASPECTS OF GLOBALIZATION
3.POPULAR CULTURE
Activities and beliefs in other countries or
parts of the world influence the activities and
beliefs of people in other countries.
 ASPECTS OF GLOBALIZATION

4.ECONOMY
It brought about closer in international
relations.
 ASPECTS OF GLOBALIZATION
5.POLITICS
The United Nations was inaugurated on
October 24, 1945.
Started with 51 members, today, with 193
nations.
 AGENCIES/ORGANIZATION THAT
REGULATE GLOBALIZATION
1.WORLD TRADE ORGANIZATION (WTO)
Task of developing trade policies between
countries.
Established in Geneva, Switzerland on January
1995
153 countries as its members in 2008.
 AGENCIES/ORGANIZATION THAT
REGULATE GLOBALIZATION

2.WORLD BANK
Assist developing countries and improve the
standards of living of people.
 AGENCIES/ORGANIZATION THAT
REGULATE GLOBALIZATION

3.INTERNATIONAL MONETARY FUND (IMF)

Provides loans to help countries preserve the value
of their money and pay their foreign debt.
 ASSESSMENT OF GLOBALIZATION

POSITIVE EFFECTS OF GLOBALIZATION

Development of trade among countries of the world.
Growth of international financial transaction
Increase in foreign investments
Existence of a world market
 ASSESSMENT OF GLOBALIZATION

POSITIVE EFFECTS OF GLOBALIZATION

Faster and wider spread of knowledge and information
Stabilization od democracy in post communist countries
Unity among countries
 ASSESSMENT OF GLOBALIZATION

POSITIVE EFFECTS OF GLOBALIZATION

Development in the method of manufacturing
Advancement in medicine
Growth of multinational corporations
Faster response and help
 ASSESSMENT OF GLOBALIZATION
POSITIVE EFFECTS OF GLOBALIZATION
Easier and faster distribution of modern medicine
More job opportunities abroad
Increase in number of students who study abroad
Improvement in the price and quality of service and
products
 ASSESSMENT OF GLOBALIZATION
NEGATIVE EFFECTS OF GLOBALIZATION
Lack of support for local industries
Increase in the level of poverty in our country
Increase in the number of unemployed
Lower wages of workers
Strict enforcement of labor laws
 ASSESSMENT OF GLOBALIZATION

NEGATIVE EFFECTS OF GLOBALIZATION

Lack of skilled worker or brain drain
Formation of small armed groups
Spread of biological weapons
Destruction of the environment
 ASSESSMENT OF GLOBALIZATION
NEGATIVE EFFECTS OF GLOBALIZATION
Loss of our native culture
Increase in the dependency of underdeveloped and
developed countries on developed countries
Spread of infectious diseases
Emergence of problems related to international relations
WHAT ARE NEEDED TO COPE WITH
GLOBALIZATION

Clear and firm government policies

Stable economy
Free trade
Well functioning and stable system
Training for entrepreneurs and work
WHAT ARE NEEDED TO COPE WITH
GLOBALIZATION

Well- thought-out policies about labor relations

Firm policies regarding ownership of land
Adequate infrastructure and means of transportation and
communication
High quality of products and services
OUR GOVERNMENT POLICIES ON
GLOBALIZATION
Cooperation between the public and private sectors
Implementation of the privatization of government-
owned corporations
Promotion of several liberalization policies and
economic deregulation
OUR GOVERNMENT POLICIES ON
GLOBALIZATION

Allocation of large part of the budget for social and

economic services
Implementation of projects for agricultural, tourism, and
industrial
Improvement of relationship with other countires