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  • Drivers of Globalization

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    Aelirab Anna
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    The document discusses several key drivers of globalization: 1. Technological advancements over recent decades have greatly improved global connectivity. 2. Reductions in trade barriers and a shift towards open market economies have increased connections between markets and international trade and investment. 3. Differences in costs between countries also increase trade and investment globally as organizations seek cheaper resources and labor. Competition in the global marketplace also forces organizations to operate internationally.

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    drivers

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    6.-Drivers-of-globalization

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    The document discusses several key drivers of globalization: 1. Technological advancements over recent decades have greatly improved global connectivity. 2. Reductions in trade barriers and a shift towards open market economies have increased connections between markets and international trade and investment. 3. Differences in costs between countries also increase trade and investment globally as organizations seek cheaper resources and labor. Competition in the global marketplace also forces organizations to operate internationally.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    32 views9 pages

    Drivers of Globalization

    Uploaded by

    Aelirab Anna
    The document discusses several key drivers of globalization: 1. Technological advancements over recent decades have greatly improved global connectivity. 2. Reductions in trade barriers and a shift towards open market economies have increased connections between markets and international trade and investment. 3. Differences in costs between countries also increase trade and investment globally as organizations seek cheaper resources and labor. Competition in the global marketplace also forces organizations to operate internationally.

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    © All Rights Reserved
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    of 9

    Drivers?

    GLOBALIZATION
    CLAIMS AND
    CONCEPTIONS

    MEANING THEORY
    Drivers of
    Globalization
    HISTORICAL
    PRECEDENT

    1ST CENTURY- SILK ROAD


    7TH-15TH CENTURY- TRADE ROUTES
    15TH-18TH CENTURY- CIRCUMNAVIGATION
    RAPID CHANGE IN
    TECHNOLOGY

    Technological advancement in the past few decades have led to


    major improvements to global connectivity (Wellman et al, 2005)
    TRADE
    LIBERALIZATION

    Sherry Lynne Comaniuk

    Reductions in trade barriers and a shift towards an open


    market economy increases connections among markets
    DIFFERENCES IN
    COST BETWEEN
    COUNTRIES

    These differences also increase international


    trade and investment
    COMPETITION

    When competition increases, people, markets and


    organizations are forced to play in international level
    https://www.grin.com/document/57026
    https://www.managementstudyguide.com/dri
    vers-of-globalization.htm

    https://www.ukessays.com/essays/economics/
    lowering-trade-barriers-a-factor-in-driving-glob
    alisation-economics-essay.php

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