Globalization – a definition The trend toward greater interconnectedness of the world’s economic, technological, political, cultural and environmental systems.
Globalization – a definition The trend toward greater interconnectedness of the world’s economic, technological, political, cultural and environmental.
Jan 13, 2016
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Globalization – a definition The trend toward greater
interconnectedness of the world’s economic, technological, political, cultural and environmental systems.
Intro to GlobalizationPPT ADAPTED FROM VIDEO MADE BY WISSENSWERTE.E-POLITIK.DE
All linked together
Economy
Ecology
Society
Politics
Regional Organizations have more influence
Communications
Radio, TV, Phones, Internet
Information is transferred worldwide, realtime, cheaply
TV delivers opinions clobally, even to remote areas. Eg. Everyone knows Justin Bieber, Gangnam Style
Transportation
Container Shipping
Air Freight
Prices Down
Trade
Open Markets
Reduced import tariffs, quotas and bans.
Paving the way for big business
Put logo of coporation here
New Technology
Decreasing Transportation Costs
Liberalization of international trade
Three main areas of Globalization
Economic Sphere
Economic Sphere
Economic Sphere
MNC’s – Multi-Natinoal Coporations
Looking for:
Markets
Chap production
Political Sphere
Important Policy Issues go beyond borders.
Seeking solutions from groups and organizations
Political Sphere
NGO’s – Non Government Organizations can exert influence on politics
Greenpeace
Anesty International
Not democratic
Political Sphere
Emergence of Global Political Forum
- Small states become less influential
- Have you heard of Liberia, Togo, Mauritius?
Cultural Sphere
“McWorld” – dominance of western culture.
Music
News
Product
English Language
Who wins with Globalization
Newly industrialized economies
Emerging economies in Brazil, Russia and China
Who wins with Globalization?
China – 500 million have left extreme poverty
Coutries that are not benefiting
Many Sub-Saharan countries are not ready, and have difficulty catching up
- Cheap products flood local markets, which can’t compete
- Little direct investment because of lack of infrastructure
eg. Transportation
Industrialized Countries
New Markets but Increased Competition
Globalization
New challenges and opportunities
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