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G L O B A L I Z AT I O N

Nicola and Jonathan


Table of Contents

1. Definition of Globalization
2. Impact of globalization on the world
3. Impact of COVID-19 on
globalization
4. Impact of Globalization on Maritime
Industry
5. Globalization and Cultural Diversity
Definition of Globalization

• What is globalization ?
• How it works
• Why it matters
Impact of globalization on
the world

• Economic Impact
• Cultural Impact
• Technological Impact
• Political Impact
Impact of COVID-19 on
globalization

• Disruption of Supply Chains


• Digital Acceleration
• Rise of Protectionism
• Impact on Globalization
Impact of Globalization on
Maritime Industry

• Global Trade
• Port Operations
• Shipbuilding and Technology
• Workforce and Employment
• Environmental Impact
• Safety and Security
• Future Challenges
Globalization and Cultural
Diversity

• Cultural Exchange
• Cultural Homogenization vs.
Cultural Hybridity
• Challenges to Cultural Diversity
• Preserving Cultural Diversity
• Promoting Cultural
Understanding
Economic Inequality
Economic Inequality

Gross domestic product (GDP) of China 1985-2028


25,000 • WTO entry 2001
• In 2001: 1,300 billion U.S. dollars
20,000 • In 2022: 17,800 billion U.S. dollars
Gross domestic product in billion U.S. dollars

15,000

10,000

5,000

0
85 87 89 91 93 95 97 99 01 03 05 07 09 11 13 15 17 19 21 3* 5* 7*
19 19 19 19 19 19 19 19 20 20 20 20 20 20 20 20 20 20 20 202 202 202

Note(s): China; 1985 to 2022


Further information regarding this statistic can be found on page 8.
Source(s): IMF; ID 263770
Economic Inequality

Urbanization in China 1980-2023

70%
• In 2023 66.2% live in citys
60%

50%
Share of urban population

40%

30%

20%

10%
1980 1985 1990 1995 2000 2005 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Note(s): China; 1980 to 2023


Further information regarding this statistic can be found on page 8.
Source(s): National Bureau of Statistics of China; ID 270162
Economy More jobs City
growth

Globalisation
New Less jobs in lower living
technology farming sector standards
USA: Cotton harvest
Turkey: Yarn production
Taiwan: fabric production
China: colouring
Bangladesh: Clothing production
Croatia: In the shop to buy
Negative Effects Positive
Effects

• Economic Growth
• Growing Economic Inequality
• Higher Standards of Living
• Environmental Degradation
• Cultural Exchange
• Cultural Homogenization
• Technological Advancement
• Social Dislocation
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