Professional Documents
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INTRODUCTION TO
GLOBALIZATION
Learning Objectives:
1 synthesize the definitions of globalization by the different authorities;
RELIGIOUS IDEOLOGICAL
DIMENSION DIMENSIONS
Economic Dimension
Extensive development of
economic relations across the
globe as a result of technology
and the enormous flow of capital
that has stimulated trade in both
sources and goods.
Major players in the current century's global
economic order:
• Huge international corporations
(General Motors, Walmart,
Mitsubishi)
• International Economic
Institutions (IMF, World Bank, The
World Trade Organization)
• Trading Systems
Major Sources of Economic Growth across
Countries
• Property rights
• Regulatory institutions
• Institutions for macro-economics
• Stabilization
• Institutions for social influence
• Institutions for conflict management
Political Dimension
Refers to an enlargement
and strengthening of political
interrelations across
the globe.
Political Issues that Surface in this Dimension