You are on page 1of 22

In the name of

the Father, of the


Son, and of the
Holy Spirit!
Amen.

Ad Christum Per Mariam


REVIEW
Ad Christum Per Mariam
role of
market in the
global Ad Christum Per Mariam
Market Integration

Ad Christum Per Mariam


What is Market
Integration?
is a term used to identify a phenomenon in which markets of
goods and services that are related to one another being to
experience similar patterns of increase or decrease in terms of
the prices of those products

can also refer to circumstances in which the prices of


related goods and services sold in a defined
geographical location also begin to move in some sort
of similar pattern to one another

Ad Christum Per Mariam


When does Market
Integration occur?
occurs when prices among different
locations or related goods follow similar
patterns over a long period of time

may be intentional, with a government implementing


market integration
certain strategies as a wayis an indicator
to control that
the direction of
explains how much different markets
the economy
may be due to factor such as shifts in supply and
are related to each other
demand that have a spill over effect on several markets

Ad Christum Per Mariam


Types of
1Markets on the basis of Purchasing and Consumption

Market
2 Markets on the basis of Products in Trade

3 Markets on the basis of Magnitude Selling


4Markets on the basis of geographical areas coverage
Ad Christum Per Mariam
You may
use this…Learn more about this topic at:
https://www.youtube.com/watch?v=rdXkSZTsdT0

Ad Christum Per Mariam


PRACTICE EXERCISE
1)What are the effects of
globalization on the formation of
competence requirements in the
international labor market?
2)How do you practice the so-
called market integration on the
company Adproduct?
Christum Per Mariam
Break!
Minsan opportunity,
madalas tapos Per
Ad Christum na!Mariam
Ad Christum Per Mariam
GLOBAL
INTERSTATE
Ad Christum Per Mariam
Learning Outcomes|
1)Identify the challenges of
global governance in the
21st century. (U)
2)Explain the relevance of
the state and globalization.
(U) Ad Christum Per Mariam
What is Global
Interstate System?
Interstate System is a network of in control high speed
the institution that creates warfare and sets
highways which constitute the main part of the national
economic policies for a country
highways of the United States. As of 2014, it is the 2nd largest
the globalization
network in theof politics
world, created an
after China.

atmosphere where the ideas of the


nation-state, state sovereignty,
government control, and state policies
are challenged from all sides

Ad Christum Per Mariam


Likewise
This manifests the efforts of countries


and government in the world to cooperate
and collaborate together which is
composed of the international and
regional economic bond bodies, such as
IMF and the World Bank that often push
for neoliberal reforms in the world.

Ad Christum Per Mariam


Global Governance in the Twenty-
First Century
There is a series of specific factors behind the
emergence global governance.
1) the declining power of nation-states
2) vast flows of all sorts of things that run into and often right
through the borders of nation-states
3) mass migration of people and their entry
4) horrendous events within nation-states themselves either
foment and carry out, or are unable to control
5) global problems that single nation-state cannot hope to
tackle on their own

Ad Christum Per Mariam


Effects of Globalization to
Governments
Traditional Challenges

Challenges from
National/Identity Movements
Ad Christum Per Mariam
PRACTICE EXERCISE
1) Narrate a short
history of global
market integration in
the twentieth century.
Ad Christum Per Mariam
Let’s put
everything in
Ad Christum Per Mariam
Thank
Any Question?
You!
Ad Christum Per Mariam
Ad Christum Per Mariam

You might also like