GLOBALIZATION

Globalization

People Governments
Goods or Products
Reasons of Globalization

Technology Transportation Banks Cooperation

Types of Globalization

• Financial Globalization
• Economic Globalization
• Technological Globalization
• Political Globalization
• Cultural Globalization
• Sociological Globalization
• Ecological Globalization
• Geographical Globalization
Financial Globalization
• Financial globalization,
defined as global linkages
through cross-border financial
flows, has become
increasingly relevant for
emerging markets as they
integrate financially with the
rest of the world.
Economic Globalization
• Economic globalization refers to the
increasing interdependence of world
economies.
• Economic globalization involves a wide
variety of processes, opportunities, and
problems related to the spread of economic
activities among countries around the world.
• Economic globalization has involved an
increase in the international movements of
labor as people migrate for employment.
Technological Globalization
• Technological globalization is speeded
in large part by technological diffusion,
the spread of technology across
borders. According to World Bank
technological progress and economic
growth rates were linked, and that the
rise in technological progress has
helped improve the situations of many
living in absolute poverty.
Political Globalization
• Political globalization refers to the growth of the worldwide
political system, both in size and complexity.
• Political globalization is one of the three main dimensions of
globalization with the two other being economic globalization
and cultural globalization.
• Political globalization refers to the organization of different
countries into trade blocs.
Political Globalization
• Examples of trade blocs are the European Union, the WTO and
G8.
Cultural Globalization
• Cultural globalization refers to the rapid movement of ideas,
attitudes, meanings, values and cultural products across national
borders. It refers specifically to idea that there is now a global and
common mono-culture – transmitted and reinforced by the internet,
popular entertainment transnational marketing of particular brands
and international tourism – that transcends local cultural traditions
and lifestyles, and that shapes the perceptions, aspirations, tastes
and everyday activities of people wherever they may live in the
world.
 Sociological Globalization
• Globalization, is an ongoing process that
involves interconnected changes in the
economic, cultural, social, and political
spheres of society. As a process, it involves
the ever-increasing integration of these
aspects between nations, regions,
communities, and even seemingly isolated
places.
 Ecological Globalization
• Ecological globalization refers to global
environmental issues including:
• Population growth.
• Access to food.
• Worldwide reduction in biodiversity.
• Gap between rich and poor.
• Human induced climate change.
• Global environment degradation.
 Geographic Globalization
• It refers to intensified geographical
movements across national
borders of commodities, people
seeking employment, money and
capital investment, knowledge,
cultural values, and environmental
pollutants.
Benefits of Globalization
• Globalization has benefits that cover many different
areas. It reciprocally developed economies all over the
world and increased cultural exchanges. It also allowed
financial exchanges between companies, changing the
paradigm of work. Many people are nowadays citizens
of the world. The origin of goods became secondary and
geographic distance is no longer a barrier for many
services to happen
Benefits of Globalization
Financial Benefits
• simplify finance regulations
• eliminate mediators
• break down the barriers between
the world’s financial centers
• exchange capital between the
world’s financial players
Benefits of Globalization
Cultural Benefits
• Commodities
• Migration, expatriation or
traveling
• Local traditions and lifestyles
Environmental Effects • Deforestation
• Destruction of ecosystems
• Loss of biodiversity
• Pollution
• Climate Change
Sustainable Development
• Meets the needs of the present
• Efforts towards building an inclusive, sustainable and resilient
future for people and planet.
• Harmonizing three core elements: economic growth, social
inclusion and environmental protection.
• Eradicating poverty and
• Promotes integrated and sustainable management of natural
resources and ecosystems
Conclusion
• Imagine there’s no countries. It isn’t hard to do. Nothing to kill or
die for. And no religion, too. Imagine all the people. Living life in
peace. You, you may say I’m a dreamer. But I’m not the only one. I
hope someday you will join us. And the world will be as one…