Introduction To The Study of Globalization

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 88

Kay Bathala H.

Santos
  kaybathala.santos@evsu.edu.ph

 
WARM-UP ACTIVITY:
 
HOW GLOBALIZED IS
 
YOUR HOME?
LOCALLY MADE ITEMS FOREIGN MADE ITEMS
(INDICATE BRAND) (INDICATE BRAND AND COUNTRY OF ORIGIN)

 
INTRODUCTION TO
  THE STUDY OF
GLOBALIZATION
 
GLOBALIZATION
GLOBALIZATION

GLOBALIZE
The emergence of an international
network of economic systems (Smith,
2018).
• A former professor at the Harvard Business
School.
• Credited with coining the term
"globalization“
• It first appeared in his Harvard Business
Review article "The Globalization of
Markets.”

THEODORE LEVITT
Globalization is the word used to describe the
Globalization can thus be defined as the
growing interdependence of the world’s
intensification of worldwide social
economies, cultures, and populations, brought
relations which link distant localities in
about by cross-border trade in goods and services,
such a way that local happenings are
technology, and flows of investment, people, and
shaped by events occurring many miles
information (Peterson Institute for International
away and vice versa (Giddens,1990).
Economics, 2018).

Globalization is essentially the means by


Globalization can be defined as the which individuals, governments,
increasing interaction among and companies, and countries interact with and
integration of diverse human societies in all affect one another, with the goal of helping
important dimensions of their to build strong alliances that mutually
activities--economic, social, political, benefit one another (CFI Eductation Inc.,
cultural, and religious (Aninat, 2021). 2015)
Economic

Military
Geographical

GLOBALIZATION
Cultural

Technological

Political Ecological
ECONOMIC GLOBALIZATION

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 (Shangquan, 2000).
MILITARY GLOBALIZATION

the process which embodies the growing extensity


and intensity of military relations among the
political units of the world system (Held & Mcgrew,
1998)
CULTURAL GLOBALIZATION

Cultural globalization, which refers to the process by


which a culture's experiences, values, and ideas are
disseminated throughout the world through various
means (Cultural Globalization: Definition, Factors &
Effects, 2017).
ENVIRONMENTAL GLOBALIZATION

Environmental globalization involves an intensifying,


deepening and expansion of global networks leading to
increasing global uniformity and connectedness in
regular environmental management practices (Grainer,
2011).
INTERNATIONAL TROPICAL TIMBER
AGREEMENT TREATIES
POLITICAL GLOBALIZATION

Political globalization refers to the intensification and


expansion of political interrelations across the globe
(Steger, 2017).
TECHNOLOGICAL GLOBALIZATION

The increasing speed of technological diffusion across the


global economy. It refers to the spread of technologies around
the globe, and particularly from developed to developing
nations (Drew, 2022).
GEOGRAPHICAL GLOBALIZATION

Globalization is moving towards the trend of a borderless world.


Globalization as a
  process, condition,
  and ideology
PROCESS CONDITION

GLOBALIZATION
Steger (2005)

IDEOLOGY
GLOBALIZATION
AS A PROCESS

Globalization is viewed as multidimensional set of social processes that


generate and increase “worldwide social interdependencies and exchanges
while at the same time fostering people a growing awareness of deepening
connections between local and the distant.”
GLOBALIZATION AS A PROCESS
GLOBALIZATION
AS A CONDITION

GLOBALITY

A social condition characterized by trans-planetary


connectivity and supra-territoriality (Scholte, 2008).
GLOBALIZATION
AS AN IDEOLOGY

Globalization exists in people’s consciousness because is a set of coherent and


complementary ideas and belief of social order (Steger, 2005).

Globalization is about the


Globalization is inevitable and Nobody is in charge of Globalization
liberalization and global integration of
irreversible.
markets.

Globalization furthers the Spread Globalization requires a global


Globalization benefits everyone
of Democracy in the World war on terror.
CHARACTERISTICS
OF GLOBALIZATION
FREE TADE
Free trade occurs when goods and services
can be bought and sold between countries or
sub-national regions without tariffs, quotas or
other restrictions being applied (Organization
for Economic Co-operation and Development,
2004).
TARIFF QUOTA

A tax on a good Specify a maximum


entering a given amount of a foreign
county's market. product that can enter a
country in a given year.
LIBERALIZATION
The freedom for businesspeople or
industrialists to incept or establish a
business, commerce, or trade anywhere in his
country of origin or a different country
abroad (Bhasin, 2020).
LIBERALIZATIO GLOBALIZATION
N
INCREASE IN EMPLOYMENT
Globalization helps companies increase their
production capacity and set up operations in
different parts of the world.
CONNECTIVITY
Globalization allows an international
exchange of technology, literature, and
culture knowledge information and
treatment.
INTERDEPENDENCE
With the advent of globalization, countries
have become more reliant on each other.
CULTURAL EXCHANGE
Cross-cultural contacts drastically
increased because of cultural globalization.
URBANIZATION
One of the consequences of globalization is
the increase in urban centers.
STANDARD OF LIVING
With increased economic activity and
opportunities for employment, people have
more money in their pockets.
PRODUCTION COST
In a globalized world, companies are free
to establish their operations in areas where
the cost of production is low.
OUTSOURCING
Globalization allows companies to
bring in third parties from outside the
country to manage specific processes.
WHAT CAUSED
GLOBALISATION?
By Pettinger (2021)
Guess the word that fits Share what you know
Analyze the four
the theme of the photos the word.
pictures.
presented.
S R R A O N T X Q A W
T O T N Z P
T R A N S P O R T A T I O N

S R R A O N T X Q A W
T O T N Z P
IMPROVED
TRANSPORT
C T E N I N T Q S A R
I Z O A I N
C O N T A I N E R I Z A T I O N

C T E N I N T Q S A R
I Z O A I N
IMPROVED
TRANSPORT CONTAINERIZATION
T C Y G O U Y O T O L
E H Z N C L
T E C H N O L O G Y

T C Y G O U Y O T O L
E H Z N C L
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY
T O U N A L T N A I M U O
M P N I C O A S E
M U L T I N A T I O N A L
C O M P A N I E S

I L T N A L T N A I M U O
M P N I C O A S E
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY

GROWTH OF
MULTINATIONA
L COMPANIES
A D T R N G I
K S B L C O
T R A D I N G
B L O C K S
A D T R N G I
K S B L C O
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY

GROWTH OF GROWTH OF
MULTINATIONA GLOBAL TRADING
L COMPANIES BLOCKS
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY

GROWTH OF GROWTH OF
GLOBAL TRADING REDUCED TARIFF
MULTINATIONA
BLOCKS BARRIERS
L COMPANIES
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY

GROWTH OF GROWTH OF
GLOBAL TRADING REDUCED TARIFF
MULTINATIONA
BLOCKS BARRIERS
L COMPANIES

FIRMS EXPLOITING GAINS


FROM ECONOMIES OF
SCALE
A D M E I
M E D I A

A D M E I
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY

GROWTH OF GROWTH OF
GLOBAL TRADING REDUCED TARIFF
MULTINATIONA
BLOCKS BARRIERS
L COMPANIES

FIRMS EXPLOITING
GAINS FROM GROWTH OF
ECONOMIES OF SCALE GLOBAL MEDIA
IMPROVED IMPROVED
TRANSPORT CONTAINERISATION TECHNOLOGY

GROWTH OF GROWTH OF
GLOBAL TRADING REDUCED TARIFF
MULTINATIONA
BLOCKS BARRIERS
L COMPANIES

FIRMS EXPLOITING GAINS FINANCIAL SYSTEM


GROWTH OF GLOBAL INCREASINGLY GLOBAL IN
FROM ECONOMIES OF
MEDIA NATURE.
SCALE
IMPROVED
MOBILITY OF
CAPITAL
IMPROVED INCREASED
MOBILITY OF MOBILITY OF
CAPITAL LABOUR
IMPROVED INCREASED
MOBILITY OF MOBILITY OF INTERNET
CAPITAL LABOUR
HISTORY OF
GLOBALIZATION
ARCHAIC MODERN
GLOBALIZATION GLOBALIZATION

FOUR BASIC
APPROACHES TO
DETERMINE THE AGE
OF GLOBALIZATION

PROTO-
GLOBALIZATION AGE OF ‘NEWEST’
GLOBALIZATION
ARCHAIC
GLOBALIZATION

refers to a predecessor state of the world before the appearance of


industrialization and nation state
ISLAMIC GOLDEN AGE
PROTO-GLOBALIZATION

❖ A period of the history of globalization roughly spanning the years between 1600
and 1800, following the period of archaic globalization.

❖ The term describes the phase of increasing trade links and cultural exchange that
characterized the period immediately preceding the advent of so-called "modern
globalization" in the 19th century.
AGE OF EXPLORATION
RISE OF EUROPEAN
EMPIRES

Globalization became also a private business phenomenon


when chartered companies like British East India
company and Dutch East India company were established.
MODERN
GLOBALIZATION

❖ Covers the period from the seventeenth to early twentieth century (up until the
First World War) and is closely connected with the spread of all modernization
transition effects.
❖ Outlines the rise of nation state and the spread of industrialization.
SPREAD OF
RISE OF NATION STATES INDUSTRALIZATION
NEW
GLOBALIZATION

The rapid economic integration through a digital exchange, technology, innovation


and the organizational imitation
REFERENCES
Anthony Giddens, The Consequences of Modernity (Cambridge: Polity Press, 1990), p. 64.

Andreev, A.,  Ilyin, Ilya V. & Zinkina, J. (n.d.) The ‘Age’ of Globalization: How Old is the Global World?.
https://www.sociostudies.org/almanac/articles/the_-age-_of_globalization- _how_old_is_the_global_world/

CFI Education Inc. (2015). Globalization. https://corporatefinanceinstitute.com/resources/knowledge/other/globalization/

Cultural Globalization: Definition, Factors & Effects. (2017, March 22). Retrieved from
https://study.com/academy/lesson/cultural-globalization-definition-factors-effects.html.

Drew, C. (2022). Technological Globalization – Examples, Pros And Cons. https://helpfulprofessor.com/technological-


globalization-exmaples-pros-cons

Eduardo Aninat, “China Globalization, and the IMF”, speech by the Deputy Managing Director of the IMF, The Foundation for
Globalization Cooperation’s Second Globalization Forum, January 14, 2001, see
http://www.imf.org/external/np/speeches/2001/011401.htm

Grainer A. (2011). Environmental Globalization and Tropical Forests. https://doi.org/10.1080/14747730500367942


Held,D. & Mcgrew A. (1998). The End of the Old Older? Globalization and the Prospects for World Order.
https://www.jstor.org/stable/20097569

Peterson Institute for International Economics (2018). What Is Globalization?


https://www.piie.com/microsites/globalization/what-is-globalization

Smith, D. (2018). A Perspective on Globalization: Responsibility to Help Each Other. https://www.meandahq.com/a-


perspective-on-globalization-responsibility-to-help-each-other/

Steger, M. (2017). Globalization: A Very Short Introduction (4 ed.)


Manfred B. Steger. 10.1093/actrade/9780198779551.001.0001
END

You might also like