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Int Business - Globalization - Group 5 - Final-1
Int Business - Globalization - Group 5 - Final-1
BUSINESS
GLOBALIZATION
Presented by Group 5:
Nasr Osman
Ali Adel Presented to:
Mohamed Moustafa
Mohamed Hamam Dr. Ghada M. Abd Al Fatah
Osama Fahmy
Group 5
Ali Adel Nasr Osman Mohamed Moustafa Osama Fahmy Mohamed Hamam
Transformational Global: Events, Trends & Innovations
What Is Globalization?
Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and
populations, brought about by cross-border trade in goods and services, technology, and flows of investment,
people, and information.
Trade Flows
Capital Flow
Information Flow
People Flow
International Flow
Events
1. Russia's invasion of Ukraine
Russia’s invasion of Ukraine has led to new round of predications that the end of globalization is night, much like we saw at the be ginning of the Covid-19 pandemic.
Trade Flows
- World trade in goods bounced back to above pre-pandemic levels before the end of 2020.
- The consequences are especially severe for food and fuels, key exports from Russia and Ukraine.
- Wider retreat from international trade which would further increase inflation
Capital Flow
Information Flow
People Flow
International Flow
Events
1. Russia's invasion of Ukraine
Russia’s invasion of Ukraine has led to new round of predications that the end of globalization is night, much like we saw at the be ginning of the Covid-19 pandemic.
Trade Flows
Capital Flow
- Much like trade, international capital flows also plummeted at the beginning of the pandemic.
- FDI surged back to above its pre-pandemic level in 2021, and the UN Conference on Trade and
Development reported a positive outlook for FDI growth as of January 2022
Information Flow
People Flow
International Flow
Events
1. Russia's invasion of Ukraine
Russia’s invasion of Ukraine has led to new round of predications that the end of globalization is night, much like we saw at the be ginning of the Covid-19 pandemic.
Trade Flows
Capital Flow
Information Flow
- International data flows surged as the pandemic sent in-person interactions online.
- The annual growth rate of international internet traffic roughly doubled in 2020.
People Flow
International Flow
Events
1. Russia's invasion of Ukraine
Russia’s invasion of Ukraine has led to new round of predications that the end of globalization is night, much like we saw at the be ginning of the Covid-19 pandemic.
Trade Flows
Capital Flow
Information Flow
People Flow
- International flows of people have been restricted severely during the Covid-19 pandemic.
- The number of people traveling to foreign countries fell 73% in 2020 and was still down 71% versus pre-
pandemic levels in 2021.
International Flow
Events
1. Russia's invasion of Ukraine
Russia’s invasion of Ukraine has led to new round of predications that the end of globalization is night, much like we saw at the be ginning of the Covid-19 pandemic.
Trade Flows
Capital Flow
Information Flow
People Flow
International Flow
- The war, nonetheless, have a large effect on the geography of international flows.
Events
Communication Tools
The Cell phones
1. Transportation
Transportation is the industry that connects other industries ... it is the key to globalization
Without reliable transportation across the geographic divides, globalization would not exist. Moving
people and goods is of high economic importance, as it improves the economic welfare of a society.
Developments such as containerization for ocean shipping allows companies to ship large products
more efficiently, thereby decreasing cargo costs. Advancements in transportation that have enabled the
world to trade as though it were one community are commercial jets.
The pace of globalization over the last sixty years has accelerated due to containers
Standardized shipping container has the advantage of being used by several transport modes.
Maritime, railway and road modes are all able to handle containers, increasing the flexibility of freight
transport, mainly by reducing transshipment costs and delays.
Innovations
1. Transportation:
“It doesn’t matter anymore where you produce something now, because transport costs aren’t
important”
Recent efforts in international transportation have been made to integrate separate transport systems
through the use of at least two different modes. This came to be known as intermodal transportation
Globalization definition:
https://www.piie.com/microsites/globalization/what-is-globalization