ASSIGNMENT IN CONTEMPORARY WORLD

LLEVADO, ERICSON A. BSCE II-B

INDICATORS OF GLOBALIZATION Domestic Company
International Company
 Foreign trade
Multinational Company
 Enterprises
Global Company
 Transport
Transnational Company
 Environment
NATURES OF GLOBALIZATION
MERITS & DEMERITS
International trade MERITS OF GLOBALIZATION

Foreign direct investment Alteration of Technology

Capital market flows Better Services and GDP growth rate

Improvement of Infrastructure
Migration (Movement of Labor)
Affordable commodities
Diffusion of Technology
Extensions of Market
DIMENSIONS OF GLOBALIZATION DEMERITS OF GLOBALIZATION
 POLITICAL Rising inequity
 ECONOMIC
Growing unemployment rate
 IDEOLOGICAL
 CULTURAL Environmental harm
Exploits poorer labor markets
REASONS OF GLOBALIZATION

Improvements in transportation
Freedom of trade
Improvements of communication
Labor availability and skills

STAGES OF GLOBALIZATION