Globalization involves increasing interconnectedness between countries through flows of people, technology, information, ideas and capital across borders. It is a complex process that can have both positive and negative impacts. While it increases economic interdependence between nations, it also influences their politics and cultures in multidimensional ways. There are differing perspectives on globalization and what defines it depends on the viewpoint of the person defining it, as it affects societies in uneven and varied ways.
Globalization involves increasing interconnectedness between countries through flows of people, technology, information, ideas and capital across borders. It is a complex process that can have both positive and negative impacts. While it increases economic interdependence between nations, it also influences their politics and cultures in multidimensional ways. There are differing perspectives on globalization and what defines it depends on the viewpoint of the person defining it, as it affects societies in uneven and varied ways.
Globalization involves increasing interconnectedness between countries through flows of people, technology, information, ideas and capital across borders. It is a complex process that can have both positive and negative impacts. While it increases economic interdependence between nations, it also influences their politics and cultures in multidimensional ways. There are differing perspectives on globalization and what defines it depends on the viewpoint of the person defining it, as it affects societies in uneven and varied ways.
imagination, outlook, and concern. One’s concern is not only for their immediate context or environment. ▪ It can teach you more about yourself. With knowledge about other countries, one can compare their society's condition with that of other societies/countries. This comparison may point out uniqueness and even similarities. ▪ You are interacting with the world. As global citizens, being aware of what is happening with the world is a given. With all the interconnectedness and interdependence, the events happening outside us might bring a positive or negative impact. How did Globalization Began? ▪ Trading of rare commodities like salt, spices and gold. ▪ In other words, there is exchange of goods among traders of different countries mainly because some of these commodities and goods are not found in their own country. Example: Silk Road (silk is a highly prized commodity) is an Asian ancient trade route that linked China and Europe via an overland route to exchange silk, wool, gold, silver, jade, tea, spices, etc. ▪ Advancement in transportation and communication resulted to an easier and increased exchange of information and goods easily. - Geographical challenges are no longer an issue. Globalization represents the global integration of international trade, investment, information technology and cultures. Government policies designed to open economies domestically and internationally to boost development in poorer countries and raise standards of living for their people are what drive globalization. The literature on definitions of globalization revealed that definitions could be classified as either: 1. broad and inclusive 2. narrow and exclusive ▪ Ohmae (1992) -..."globalization means the onset of the borderless worlds..." ▪ Robert Cox - "the characteristics of the globalization trend include the internationalizing of production, the new international division of labor, new migratory movements from South to North, the new competitive environment that accelerates these processes, and the internationalizing of the state...making states into agencies of the globalizing word." ▪ Thomas Larson (2001) - "the process of the world shrinkage, of distances getting shorter, things moving closer. It pertains to the increasing ease with which somebody on one side of the world can interact, to mutual benefit with somebody on the other side of the world." (p.9) Martin Khor, the former President of the Third World Network (TWN) regarded globalization as colonization. ▪ World Health Organization: Globalization is “the increased interconnectedness and interdependence of peoples and countries, is generally understood to include two inter-related elements: the opening of international borders to increasing fast flows of goods, services, finance, people and ideas; and the changes in institutions and policies at national and international levels that facilitate or promote such flows. Globalization has the potential for both positive and negative effects on development and health. Thomas Friedman "The inexorable integration of markets, transportation systems, and communication systems to a degree never witnessed before- in a way that enabling corporations, countries, and individuals to reach around the world farther, faster, deeper, and cheaper than ever before" Manfred Steger ▪ "The term globalization should be used to refer to a set of social processes that are thought to transform our present social condition into one globality. ▪ "The expansion and intensification of social relations and consciousness across world-time and across world-space." As Economic Process
▪ How the evolution of international markets and corporations led to an
intensified form of global interdependence. ▪ The notion that globalization involves the increasing linkage of national economies through trade, financial flows, and foreign direct investments. ▪ The premium put on free trade. Two most important aspect of economic globalization: 1. changing nature of the production process, 2. liberalization and internationalization of financial transactions. ▪ - Emergence of transactional financial system. ▪ - Creation of international financial markets. As Political Process
▪ The implication that economic globalization might be leading to the
reduced control of national governments over economic policies. ▪ Political globalization as a process intrinsically connected to the expansion of markets. ▪ The central role of politics – especially the successful mobilization of political power – in unleashing the forces of globalization. ▪ The continued relevance of conventional political units, operating either in the form of modern nation- states or global cities. ▪ The need for effective global governance structures as a consequence of various forces of globalization. ▪ -The gradual process of relative deterritorialization that facilitate the growth of ‘super territorial’ relations between people As Cultural Process
▪ Confronted with the question of whether globalization increases
cultural homogeneity or it leads to greater diversity and heterogeneity. ▪ Viewing globalization not as a one-dimensional phenomenon, but as a multidimensional process involving diverse domains of activity and interaction, including the cultural sphere. ▪ Increasing network of complex cultural interconnection and independence. ▪ Culture no longer remains tied to fixed localities such as town and nation, but acquires new meaning that reflect dominant themes emerging in a global context. ▪ Concept of ‘globality’, referring to the experience of living and acting across borders. GLOBALISM GLOBALIZATION ▪ Globalism is an ideology ▪ Globalization is the spread of based on the belief that technology, products, people, information, and goods information, and jobs across should be able to cross nations. national borders unrestricted. ▪ Involves increasing ▪ The ideological component of interconnection between globalization. people and regions throughout the world. Anthropologist Arjun Appadurai (1996) identifies multiple and intersecting dimensions of global cultural flowshe calls 'landscapes' or 'scapes' (Steger, 2014: 13). These five conceptual dimensions are: ▪ Ethnoscape. Flows of people. The movement of people. ▪ Technoscape. Flows of technology. Development and boom of technology that facilitates cross-border connections and transactions. E.g. the internet, information technology, and engineering. ▪ Finanscape. Flows of money. The flow of global capital. International banking and cash systems allow this to happen. E.g. credit card systems. ▪ Mediascape. Flows of information. The production and dissemination of information through electronic means. The access of people to modern popular culture. E.g. access to international entertainment like Hollywood films, K-drama, and anime; media such as newspapers, magazines, the social network. ▪ Ideoscape. Flows of ideas. Ideologies of state, and social movements. E.g. posting of your views on a certain event or human reality on Facebook; religious missionaries spreading their doctrines to other regions or countries; environmentalism. (Globalization occurs at multiple intersecting levels) ▪ The perspective of the person who defines globalization shapes its definition. "Globalization is a 'world of things' that have different speeds, axes, points or origin and termination, and varied relationships to institutional structures in different regions, nations, or societies””. - Arjun Appadurai (as cited in Chowdhury, 2016, p. 137) ▪ Globalization is a debate and the debate is globalization. - It is an uneven process that affects people differently. ▪ Globalization is reality.