1. What is the difference between globalization and globalism?

The term “globalization” refers to the growing interdependence of the world’s economies, cultures, and
populations, as a result of cross-border trade in goods and services, technology, and investment, people
knowledge flows. Over several decades, countries have formed economic alliances to promote these
movements. Globalization, like other significant technological developments, benefits society as a whole
while damaging individual classes. Understanding the relative costs and benefits will pave the way for
challenges to be addressed while the greater payoffs are retained.

On the other hand, globalism refers to a number of systems that are broader than just international.
Political scientists like Joseph Nye use it to characterize “attempts to grasp modern world’s
interconnections and highlight trends that reinforce and explain them. Although it is most often
associated with the world structures, it can also be applied to other global phenomena.

2. How is the Philippines central to the history of economic globalization?

The Philippine economy is becoming more globally integrated. The general rise in commodity exchange
and labor migration demonstrates this. Finance is also becoming more integrated, but at a slower pace.
Ever since, the Philippines joined the World Trade Organization to sign agreements, the economy has
changed dramatically. There have been changes in the region, such as increased labor and the
emergence of new businesses to aid the economy.

3. What is necessary for the development of an international order?

For centuries, humanity has been plagued by the sight of a happy, ordered world where men and
nations settle their disputes without resorting to battle, where the lion lies down with the lamb. The
establishment of government at the lowest level was the start of efforts to maintain order, at least
within a small region, in which people could live peacefully with one another by adopting a set of rules
that formed their relationships. On a higher level, rules must be developed to allow adjacent
communities to coexist. At the most fundamental level, there was a desire to establish a peaceful world
order in which all nations of the world could live in peace and harmony.