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Introduction To Contemporary World
Introduction To Contemporary World
Introduction To Contemporary World
CONTEMPORARY WORLD
THE WORLD HAS SHRUNK.
• This shrinking of the world has taken place because of
the combination of human feats including modern
transportation, information and communication
technology, medical advancement, and technological
innovations.
WHAT IS GLOBALIZATION?
What is Globalization?
• Giddens, 1990
“intensification of worldwide social relations
which link distant localities in such a way that
local happenings are shaped by events occurring
many miles away and vice versa”
• Robertson, 1992
“refers both to the compression of the world and
the intensification of consciousness of the world as
a whole”
• Harvey, 1989
“compression of time and space and the
annihilation of distance”
• The Sunny Levin Institute
“a process of interaction and integration among the
people, companies, and governments, of different
nations, a process driven by international trade and
investment and aided by information technology.
Metaphors of Globalization
SOLIDITY
• barriers that prevent or make difficult movement of things. It
can either be natural or man - made.
LIQUIDITY
• increasing ease of movement of people, things information &
places in the contemporary world.
Flows
Deadline:
Friday, January 7, 2021