SAMAL, LADY MAE B.

What Is Globalization?
Globalization is the spread of products, technology, information, and jobs across national
borders and cultures. In economic terms, it describes an interdependence of nations around the
globe fostered through free trade.
 Globalization is the spread of products, technology, information, and jobs across nations.
 Corporations in developed nations can gain a competitive edge through globalization.
 Developing countries also benefit through globalization as they tend to be more cost-
effective and therefore attract jobs.
 The benefits of globalization have been questioned as the positive effects are not
necessarily distributed equally.
 One clear result of globalization is that an economic downturn in one country can create a
domino effect through its trade partners.
Globalization means the speedup of movements and exchanges (of human beings, goods, and
services, capital, technologies or cultural practices) all over the planet. One of the effects of
globalization is that it promotes and increases interactions between different regions and
populations around the globe.

What Is Globalization in the Economy?

According to the Committee for Development Policy (a subsidiary body of the United Nations),
from an economic point of view, globalization can be defined as: The increasing interdependence
of world economies as a result of the growing scale of cross-border trade of commodities and
services, the flow of international capital and the wide and rapid spread of technologies. It
reflects the continuing expansion and mutual integration of market frontiers (…) and the rapid
growing significance of information in all types of productive activities and marketization are the
two major driving forces for economic globalization.”

What Is Global Education?

Global education is a mental development program that seeks to improve global human
development based on the understanding of global dynamics, through the various sectors of
human development delivery. In formal education, as a mode of human development delivery, it
is integrated into formal educational programs, as an advanced program where global dimensions
to local problems are appreciated through interconnectivity. Its first phase began as an
undertaking to restructure education and society in the 1960s and 1970s, through the initiatives
of educationalists, NGOs and intergovernmental organizations. The program evolves with the
internet, and is in its virtual interconnectivity phase, through social media and other global public
spheres. This global approach to mental development, seeks to fix the failing curriculum-based
global education program that is: stuck in limited subject knowledge, based on theories that have
failed the world (ref. Climate change); hinged on memorization without visual exposure to
knowledge development resources and global culture, limited by access to human development
resources. Instead, the program seeks to improve the global mental resources pool through the
appreciation of global dynamics and local perspectives on issues. This is through alternative
motivations for global human development, and alternative global futures hinged on
interconnectivity