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Forms of Globalization  Political issues in one part of the world

directly or indirectly affect many other


 Economic, relating to the process or system by which areas. For example, conflicts in the Middle
goods and services are produced, sold, and brought. East have important ramifications for
 Economic globalization is responsible for Europe, the US, and Japan. Another
the emergence of multinational example is how the entire world watch
corporations producing and exporting goods closely every US elections.
as they obtain capital, technology, and
access to distribution networks. It has also  Military, activities relating to soldier or the armed
created global cities such as New York, forces (such as army, navy, marines, and air force).
London, Tokyo, Shanghai, Hong Kong,  It is characterized by extensive as well as
Milan, Sidney, Zurich, and Chicago. intensive networks of military force. The
most obvious example of military
 Financial, any process that relates to the use of globalization is the nuclear age and the
money. It is the high integration of global financial proliferation of weapons of mass
markets. There are four basic developments that destruction.
drive financial globalization.
 Consolidation of financial institutions,  Cultural, relating to the particular group of people
Local banks were, until about two and their habits, beliefs, and traditions, etc.
decades ago, largely locally owned and  It involves the exchange of food, people,
operated. Today, the local bank is likely to products, ideas, and technology across
be owned by a much larger bank in a major national borders. It is naturally relative to
city. The number of independent financial economic and military expansion of a
institutions is declining as mergers and country. Fundamentally, it is beyond the
acquisitions result in larger financial tangible. It affects the consciousness of
institutions. individuals and their attitudes towards
 Globalization of operations politics, religion, economics, and broader
Banking conglomerates extend cultural values.
their reach by forming strategic alliances
with similar institutions in different  Environmental, the conditions and influences that
countries. European, American, and Asian affect the growth, health, and progress, etc.
financial institutions increasingly linked, and  It focuses on the interdependence among
major banks in the industrial world are countries in relation to such problems as
acquiring banks in developing countries. global warming, the spread of infectious
 Emergence of new technologies diseases, air and water pollution,
Money moves across national deforestation, the loss of biodiversity, and
boundaries at the touch of a button. threats to endangered species.
Internet banking and brokerage services
compete with more traditional financial  Criminal, circumstances involving illegal activities
conglomerates. Many financial institutions relating to crime.
are using their online operation to expand  It poses severe challenges to national and
into foreign markets without having global security. Terrorists and criminals use
branches there. the instruments of globalization to achieve
 Universalization of banking. their objectives. It includes transborder
Growing competition in financial crimes, such as drug trafficking, money
markets, the increasing irrelevance of laundering, prostitution, alien smuggling,
national borders, and the increasingly arms trafficking, and counterfeiting.
complex relationships among businesses
have contributed to a blurring of bank and
nonbank financial services. Globalization and Human Security

 Political, activities that relate to influencing the


Human Security, it is a concept of security that deals with the
actions and policies of a government or getting and
everyday challenges humans face that don’t involve military
keeping power in government.
issues.
 It is characterized by the acceptance of
states, the relative power of states, the
Seven Categories of Human Security
proliferation of international and regional
organizations composed of states, and the
Economic Security
spread of non-state political actors.
 Strategies to enhance protection and empowerment
 Assured access to basic income
 Public and private sector employment,  When necessary, government financed
wage employment, self-employment social safety nets
 Diversity agriculture and economy  Capacities needed
 Capacities needed  Coping mechanisms
 Economic capital  Adaptive mechanism
 Human capital  Memory of past disasters
 Public finance
 Financial reserves Community Security
 Diversified agriculture and economy  Strategies to enhance protection and empowerment
 Explicit and enforced protection of ethnic
Food Security groups and community identity
 Strategies to enhance protection and empowerment  Protection from oppressive traditional
 Entitlement of food, by growing it practices, harsh treatment towards women,
themselves, having the ability to purchase it or discrimination against ethnic, indigenous,
or through a public food distribution system refugee groups
 Capacities needed  Capacities needed
 Diversified agriculture and economy  Social capital
 Local and national distribution systems  Coping mechanism
 Adaptive strategies
Health Security  Memory of past disasters
 Strategies to enhance protection and empowerment  Local non-governmental organizations or
 Access to basic health care and health traditional organisms
services
 Risk-sharing arrangements that pool Political Security
membership funds and promote  Strategies to enhance protection and empowerment
community-based insurance schemes  Protection of human rights
 Interconnected surveillance systems to  Protection from military dictatorships and
identify disease outbreak at all levels abuse
 Capacities needed
 Protection from political or state repression,
 Universal basic education and knowledge on torture, unlawful detention and
health-related matters imprisonment
 Indigenous/traditional health practices  Capacities needed
 Access to information and community-  Good governance
based knowledge creation  Ethical standards
 Local leadership
Environmental Security
 Accountability mechanisms
 Strategies to enhance protection and empowerment
 Sustainable practices that consider natural
resources and environmental degradation
(deforestation, desertification)
 Early warning and response mechanisms for
natural hazards and/or man-made disaster
at all levels
 Capacities needed
 Natural resource capital
 Natural barriers to storm action (e.g. coral
reefs)
 Natural environmental recovery processes
(e.g. forest recovering from fires)
 Biodiversity
 Indigenous/traditional practices that respect
the environment

Personal Security
 Strategies to enhance protection and empowerment
 Rule of law
 Explicit and enforced protection of human
rights and civil liberties

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