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Impacts of Globalization

Ongoing process by which regional economies,


societies and cultures have become integrated through
global spanning network of communication and trade
Globalization Factors
• Technology
• Political development
• Transportation
• Infrastructure
• Internet
• Global village concept
Opportunities
• Access to raw material
• Resources
• Investments
• Communication
Advantages
• Global market
• Production increased
• Currency
• Cross cultural management
• Foreign trade
• Resource Imperative
• Competition
Disadvantages
• Unemployment and job insecurity
• Fluctuation in prices
• Brain drain
• Discrimination
NATO
Basic purpose to safeguard the freedom and security
of its all its members by political and military means
North Atlantic Treaty Organization
To secure Europe from communism during Cold War
Founding members and Charter
• 1949 (12 states)
• 14 articles in charter
• Currently 29
• Principles
1. Resolve disputes among members
2. Enhance friendly cooperation
3. Attack on one as attack on all
4. Help in sovereignty
5. Individual and common security
Structure
• Secretary general
• Head quarter at Brussels
• Military committee
• Sub ordinate committees and commission
Presently Working and Criticism
• ISAF in Afghanistan
• Kosovo
• Pacific
• Mediterranean
Criticism on formation
1. To terrorise Russia
2. To encourage Cold War

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