You are on page 1of 27

I NTR O DUCT I O N

TO
GLOBALIZATION
C O NTE M PO RARY
WO R LD
GLOBAL AGE
It is a period of time when there is
a prevailing sense of
interconnectedness of all human
beings, of a common fate for
human species and threat to its life
on this Earth. (Albrow, 2012)
G LO BALI ZAT I O N
• Globalization is the increasing interaction of
people, states, or countries through the growth of
the international flow of money, ideas, and culture.
• It is the interconnectedness of people and business
across the world that eventually led to global,
cultural, political, and economic integration.
• It is the ability to move and communicate easily
with others all over the world in order to conduct
business internationally.
• It is the free movement of goods, services, and
people across the world in a seamless and
integrated manner.

• It is the liberalization of countries of their impact


protocols and welcome foreign investment into
sectors that are the mainstays of its economy.
• It refers to countries acting like magnets attracting
global capital by opening up their economies to
multinational corporations.
Other Definitions
of Globalization
Globalization are those processes by
which the people of the world are
incorporated into a single world
society.
-Martin Albrow and Elizabeth King
Globalization is the intensification of
worldwide social relations which link
distant localities in such a way that
local happenings are shaped by
events occurring many miles away
and vice versa.
-Anthony Giddens
(The Consequence of Modernity)
Globalization is the compression of
the world and the intensification of
the consciousness of the world as a
whole.
-Roland Robertson, 1992
H I S TO RI CA L
FO UND ATI O N
• Charles Taze Russell coined a related
1897 term, corporate giants.

• The term “globalize” appeared in


1930 Towards New Education.

• The term globalization was created.


1970
• Globalization had already been used in an
economic context.
1981

• IMF identified four basic aspects of


globalization.
2000

• Borderless society or globalization was


referred to a transnational migration.
2013
BASIC ASPECTS OF
GLOBALIZATION
• Trade and transactions

• Capital and investment movements

• Migration of Knowledge

• Dissemination
• Globalization was used in
teaching, discussion,
meetings, lectures and
2017 conferences.

• Globalization is currently a
prevalent phenomenon
throughout all academic
2018 fields.
ME TAP H OR S O F
G LO B AL I Z ATI O N
Solidity
- Refers to barriers that prevent or make difficult
the movement of things.
Liquidity
- Refers to the increasing ease of movement of
people, thing, information and places in the
contemporary world.
Flow
- The movement of people, things, places, and
information brought by the growing “porosity” of
global limitations (Ritzer, 2015).
SOURCES
San Juan, D.M., (2018). Journeys through our Contemporary World: Vibal Group
Publishing, Inc.

Ariola, M., (2018). The Contemporary World: Library Service & Publishing Inc.

Aldama, P.K.R., (2018). The Contemporary World: Rex Book Store, Inc.

International Organizations Flag. Retrieved (August 8,2020) from


https://www.flagsonline.it/international-organizations-flags

Protest against Globalization. Retrieved (August 8,2020) from


https://www.researchgate.net/figure/Anti-globalization-protests-The-27-th-G8-Summit-in-Geno
a-Italy-Left-and-the-WTO_fig1_305430619

https://www.piie.com/microsites/globalization/what-is-globalization

https://ec.europa.eu

You might also like