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Contemporary World - Describe the growing interdependence of the

Font size: 12 world’s economies, cultures, and


Font: Arial populations, brought about by cross-boarder
SHORT BLUE trade in goods and services, technology, and
flows of investment, people, and
>>Governance – something to do how politicians information.
run the country.
Different leaders of the world. If something is available, you should strengthen it,
>>Socioilogy- improve it, expand to make it grow.
 No man is an island
 Survival of the fittest The capability of a country to pay their debt.
We need to collaboraye with different countries
around us. Example: there are raw materieals that We depend in dollar currency because it
are available in other countries and not available in
ours. Globallization is the strengthening of worldwide
social relations in terms of increasing the flow of
goods, services, capital, and ideas. Globalization
GLOBALIZATION caused advancement to technology, communication,
Is the intensification of worldwide socilal relations transportation, and trade.
which link distant localities in such a way that local It makes it easier for example for our country to
happenings are shaped by events occurring many connect with other countries, it brings different
miles away and vice versa. country all around the world closer to each other.

The interconnectedness of human beings, Discuss the periodization of globalization as a


technology, seems to be the common understanding process during these period:
if globalization.
1. 1970 – formation of global value chains and
Globalization refers to both the compression of the accelerated communication.
world and the intensification of consciousness of It plays a crucial role po in shaping the
the world as a whole. (Robertson, 1992:8) interconnectedness of economies and
societies po around the world. It is also
Globalization made the world smaller known po the global supply chains where
companies began to distribute their
Harvey (1989( introduced globalization as the production across different countries. It
compression of time and space and the anhilitation accelerated communication po particularly
of distance. in the field of telecommunication. Ex.
Satellites.
It is a process of interaction and integration among 2. 1980-2000 – neoliberal globalization – the
the people, companiesm and governments of point of interest is modernity
different nations, a process driven by international This era promotes economic growth and
trade and investment and aided by information modernization. It is the removal of all
technology. (Sunny Levin Institute) barriers to commerce or exchange goods and
It can have a positive and negative impact, other services favoring the free-market or a
countries benefit from us and we benefit from other market that is based on supply and demand,
countries. with little or no government control.
What is Globalization?
- The process by which businesses or other In terms of modernization naman po, it is
organizations develop international about technological advancement and the
influence or start operating on an adoption of western models of governance,
international scale. institutions, and consumer culture.
- “fears about the increasing globalization of
the world economy”
if globalization is viewed as a process, Their transformative process marked both the
which denotes happening over a stretch of beginning of the modern Philippine nation and also
time, we can trace its beginning. when did the completion of the birth of globalization.
globalization start?
1610 po, the period where Philippines served as a
I cannot give a specific date but I think trading hub within the Spanish colonial empire.
globalization started the moment our Manila po was the capital and main port. The
ancestors established trading, cultural manila galleons or the Spanish ship vessels po
exchanges, and migration po. Another one transported different goods and merchandise.
related to our country po is when we are Through this po exchange of goods and ideas po
colonized by different colonizers, we started was done and this is why Philippines became a
to adapt their ways and cultures po. global trade networks po. (paths by which trade can
take place.)
Many scholars say it started with Colunbus’s
voyage to the New World in 1942.
People traveled to the nearby and faraway places DIFFERENT QUALITIES AND
before Columbus’s voyage, however, exchanging, CHARACTERISTICS OF GLOBALIZATION
their idead, and customs along the way.
1. Globalization is Not a New, Western
“First globalization” is a phrase used by economists Concept.
to describe the world’s first major period of 2. it is basically a “Mindset”
globalization of trade and finance, which took place 3. an opportunity
between 1870 and 1914 4. it means “interdependence”
5. “Caring and Sharing”
The “second globalization” begain in 1944 and 6. it puts Technology in Service of Mankind
ended in 1971. This led to the third era of 7. Inevitable & Irreversible
globalization in 1989 and continues today. 8. has Linked-Politics with Economics
9. It Raised Standards of Living
Since yung mga sinaunang tao po, they like to 10. It Demands and Respect Excellence
travel and explore different places and countries
by the sea, I think Columbus get to meet 1.Globalization is Not a New, Western Concept
different people from different countries or
places to exchange goods, services or ideas po. When ancient Indian scriptures mentioned
That’s when Globalization was discovered. “Vasudhaiva Kutumbakam”, they had already
viewed the world as a small globe village of linked
The first globalization was deeply related in the familes.
integration of financial markets I think in terms
of international capital flows where an When our grandmother started her stories with “saat
individual can put or invest capital not only samundar paar”, she also meant that we are not
within one border. alone in this universe, and the world is cohabited by
others too at far off places.
The second globalization naman po is where
Bretton Woods System was created and one of its “Vasudhaiva Kutumbakam” when we translate it
content po is having an fixed exchange rates po, it means “the world is one family”. So it means
which is the currency US dollar. kahit noon pa po, they have predicted the
globalization. They view the world as family so it
When did globalization begin in the Philippines? means countries are not totally different from one
another, it is linked, it is connected.
By 1610, a hybrid system of early modern power
had unified hundreds of these villages into a And by “saat samundar paar” naman po is like no
blended network of colonial authority. man is an island, there will always be another being
which we can interact with.
understood that no country can be said independent,
And these two scriptures are Indian scriptures, not not needing anything from any other country.
western.
Hence, a culture of interdependence has been
2.It is basically a “mindset” established between nations.
Usually, Globalization is seen as another economic
theory to enhance business and trade. It is stated that no country is independent, not
needing anything from another country because no
It must be understood that Globalization os country is 100% perfect, no country has it all. A
basically a mindset that is ready to encapsulate the country will always need help from another country.
whole universe into its scheme of things; a mindset Countries rely on one another to grow and learn.
that is broader & open to receive all ideas; that takes
the whole globe as an area of operation. 5.Globalization means “Caring and Sharing”
The world today is more united and concerned
It is a mindset that is not limited. It is broad and about common problems being faced by the people-
open, hindi lang nakakulong sa isang bansa, it is a be it global warming, terrorism, or malnutrition etc.
worldview, holistic po kumbaga. Open for global natural disasters faced or atrocities encountered at
interactions and connections. any part of the world attract immediate attention all
over.
3.Globalization is an opportunity
It is often feared that the implementation of Just like what is said in number 4, countries rely on
Globalization will open up our domestic economy one another. We’re all facing common global issues
for foreign competition, thereby endangering and it requires collaboration and collective action
economic progress and survival of local firms. from different countries to resolve those mentioned
problems.
While it does open our markets for entry of
multinationals, it also opens all other markets in the 6. Globalization puts Technology in Service of
whole world for our products and services too. Mankind
The world today is more united and concerned
Globalization involves taking risk po, its like if you about common problems being faced by the people-
keep on staying on your comfort-zone, you’ll not be it global warming, terrorism, or malnutrition etc.
grow and learn. You’re not going to gain natural disasters faced of atrocities encountered at
experiences and many more. Globalization is feared any part of the world attract immediate attention all
because it puts local firms at risks (DAHIL SA BIG over.
COMPETITION WITH FOREIGN COMPANIES)
but being open worldwide also gives a lot and For example po, kahit nasaan man po tayong part ng
opportunity like sa exportation and importing of mundo, we can always get information from the
products po. We give and take. internet about the common problems that every
country are facing at the moment. Magkakalayo
- Countries fear global competition where man po tayo, IT IS A GOOD APPORTUNITY TO
those less competitive on a global scale SPREAD AWARENESS PARA MALAMAN NG
could suffer job losses dahil pwede pong IBA PO YUNG MGA DAPAT AT HINDI DAPAT
mas mag invest ang mga investors sa mga GAWIN AND PARA RIN PO SIGURO MA
foreign companies po. Mas lumalawak po EDUCATE AT MABUKSAN YUNG ISIP NG
talaga ang competition. BAWAT ISA ABOUT SA MGA ISSUES ETC

4.Globalization means “interdependnce” OR KUNG KELANGAN MAN PO NATIN NG


We have all grown reading history wherein either a TULONG.
country is independent or a slave of another
country. 7.Globalization is Inevitable & Irreversible

With the advent of Globalization, it has been


There have been attempts by fundamental forces all of products because it is not limited, as goods
over the world to oppose and stop the process of continue to circulate around different countries.
Globalization over past quarter century. Because of this, companies also try to innovate,
improve product quality, and offer competitive
Despite the differences in political ideologies, the prices more to attract customers.
ruling parties have gone ahead with the
implementation of Globalization policies. 10.Globalization Demands and Respect
Excellence
It is rightly said, “you can not stop the advent of an With global level opportunities available to all the
idea whose time has come. Globalization is one countries, the field is wide open for the excellent
such idea. companies, products and people from any remote
part of the world to showcase their excellence and
Just like what is said earlier, globalization is feared win over markets and contracts.
because of different local reasons but the truth is we
cannot stop the advancement of communication, There is pressure on everyone to continuously
technology, and transportation because the world is improve to meet the raised bar of expectations.
revolving. Just like modernization, we cannot stop
or reverse globalixation. Since globalization can be applied to everyone,
individuals from any part of the world can now
8. Globalization has Linked Politics with showcase their abilities and compete on a global
Economics scale. Every one has their own equal opportunity to
Political ideologies and relations between nations compete and get recognized by their excellence, not
have determined the fate of the people over only big companies can win over markets and
centuries; with economics being subservient to contracts.
politics.
CONCLUSION
However, in the new era, it is the economics, It is amply clear that, if taken in the right spirit, the
employment generation and public welfare that concept and practices of globalization will help us
undermine the need and strength of relations in improving our lives and productivity
between nations.
We can stikk keep our nation back by harping upon
Gaya po sa ASEAN, leaders of different countries the outdated ideologies that have become obsolete
po are the one who participates in meetings to even in regions where invented.
discuss issues and make decisions po for the
betterment of each country’s economy. Or, we can equip ourselves to take maximum
advantage of oppurtubities thrown open by
9.Globalization means Raised Standards of globalization and help our country realize its true
Living potential. The choice is ours.
With consumers having more choice to pick quality
items at right price, and with no boundary
restrictions on flow of goods and services, the
markets have turned from “sellers market” to
“buyers market”

This has helped in raising the standard of living for


vast populations across the world.

It has also raised aspirations among billions of


people to upgrade their lifestyle.
A different way of tracing the roots of globalization
Globalization have raised standards of living by is by looking for signs of globality which explained
providing people with better-quality and wide range
as the thickening of social linkages between people Global economy refers to the interconnected
from different parts of the world. worldwide economic activities that take place
between multiple countries.
The historical evidence of growing worldwide These economic activities can have either a positive
connectivity. or negative impact on the countries involved.

It implies a longer timeline because increasing China because they are concerned with the profit.
connectivity is not a recent trend (Nederveen,
Pieterse, 2012) The glocal economy is innately tied to trade; it
allows countries around the world to obtain any
Globalization has no definite and exact beginning. It resources they want, whether or not it is produced
is spurred by innovations in transportation and on the home front.
communication technologies, and creation of
institutions and commerce. This availability of resoueces is fascilitated through
trade.
It is said that we can see the roots of Globalization
if we try to look deeply on how it affects the world “No nation can make itself secure by seeking
as a whole, how it connects people from different supremacy over all others. We shall share
parts of the world, how it brings convenient to responsibility
people, and how it made our world modenized.
- The global system is anarchic, and this
necessities global governance to maintain
Globalization is considered a process because it international peace and security
involves a series of connection and continuous - Anarchy – is a state of disorder due to
development over time. Patuloy na nagiimprove and absence or non recognition of authority.
nagdedevelop sa in terms of communication, - The absence of government and absolute
trading, technology, and transportation. freedom of the individual, regarded as
political ideal.
If it is a process kung saan po patuloy syang - A society without a government.
nagdedevelop, it is also a condition din po kasi it
represent the current state of interconnectedness, HOW DO WE GOVERN IN THE ABSENCE OF
economic integration, technological advancements, COSMOPOLITAN STATE?
and shared global challenges that characterize our Global governance is defined as the formal and
world today. informal arrangements a degree of order and
collective action above the state in the absence of a
global government. That involve coordination
In not less than 100 words, describe the definition among state and non state actors. Young, 1999
of Globalization based in your own understanding
Governance in an anarching setting has been
THE GLOBAL ECONOMY challenge by the self interest of major states and has
Trade is the oldest and most important economic exposed the limitations.
nexus among nations. Indeed, trade along with ward
has been central to the evolution of international UNITED NATIONS
relations. The primary organization for international
cooperation, peace, and security.
How are you going to adapt to modernization
nowadays? It is the only international organization that can
authorize the use of force agains aggressor.
Economy – money
It is primary concern is collective military security
(UN charter through the facilitation of peaceful
International cooperation, peace, and security

Organization of independent country around the


world.

UN is a membership directed organization and the


members are all states.

SIX UNITED NATIONS CHARTER


ESTABLISHED 1945.
1. Economic and Social Council
2. Tradeship Council

ECONOMIC AND SOCIAL CONCERNS


(ECOSOC)
Primary objective is to advance the economic social
and environmental dimensions of sustainable
development.

All countries can initiate change for the


improvement. Of the country.

TRUSTEESHIP COUNCIL
Was establisged as a main organ of the UN to
provide international supervision of of trust
territories that are under the administration of
seven-member states to ensure that

INTERNATIONAL COURT OF JUSTICE


The united nation’s principal judicial organ.
It’s role is to settle legal disputed between

REVISIOM
PERMAMENT 5 -

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