Scribd
Upload
45 views

Chapter 1 Introduction To Globalization

Uploaded by

JEZLYN HURTADA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
45 views

Chapter 1 Introduction To Globalization

Uploaded by

JEZLYN HURTADA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 18

GE 4 (THE CONTEMPORARY

WORLD)
Course Description
❑This course introduces students to the contemporary
world by examining the multifaceted
phenomenon of globalization. Using the various
discipline of the social sciences, it examines the economic,
political, technological and other transformation that have
created an increasing awareness of the
interconnectedness of people and places around the
globe.
❑To this end, the course provides an overview of
the various debated in global governance,
development, and sustainability. Beyond
exposing the students to the world outside the
Philippines, it seeks to inculcate a sense of
global citizenship and global ethical
responsibility.
Learning Outcomes
At the end of the course the students should be able to:

A.Competencies
1.Distinguish different interpretations of and approaches to globalization;
2.Describe the emergence of global economic, political, social, and cultural
systems;
3.Analyze the various contemporary drivers of globalization;
4.Understand the issues confronting the nation-state; and
5.5. Assess the effects of globalization on different social units and their responses
B. Skills
1. Analyze contemporary news events in the context of globalization:
2. Analyze global issues in relation to Filipinos and the Philippines: and
3. Write a research paper with proper citations on a topic related to globalization
C. Values
1. Articulate personal positions on various global issues; and
2. Identify the ethical implications of global citizenship.
CHAPTER 1

Introduction to Globalization
Globalization

❑ Defined as the opening of international


borders to flows of free trade, immigration,
direct investment, information and technology.

❑ IMF, World Bank, WTO and other


international organizations.
Globalization occurs when the
markets of different countries
become more integrated and
interconnected through economic
transactions that cross national
borders
Globalization refers to the development
of global or worldwide business activities,
competition and markets and the increasing
global interdependence of national
economies.
➢Globalization of economies: Increasing
interdependence between national
economies throughout the world.
➢Globalization of industries: Increasing
globalization of the productive process, with
firms choosing to concentrate or disperse
value-adding activities around the world
according to the locational advantages to be
obtained.
➢Globalization of markets: Increasing
homogenization of consumer tastes and
product preferences in certain markets.

➢Globalization of strategy: The extend


to which an international business
configures and co-ordinates its strategy
globally.
Is globalization
a blessing or
curse?
The Blessing
➢ Consumers have access to a much wider range of
products and at relatively low prices;
➢ Increased global trade has made people wealthier;
➢ Companies benefit from low cost production in
developing countries; and
➢ Developing countries benefit from increasing
employment and wage levels.
The curses
➢ The already impoverished countries are becoming even poorer.
➢ Employ child labor, condoning inhuman working conditions and paying
slave wages in developing countries
➢ There have been huge job loses among unskilled workers in developed
countries.
➢ Bring threats to the national cultures and identities alike.
➢ Huge international companies have the greater economic power than
the government of the developing countries where they are operating.
➢ Damage the ecological environment.
Three Perspective in the study of Globalization

❑ Economic liberalism
➢A political and economic ideology that attempts to improve
human well being by promoting individual self-interest; it
advocates for the withdrawal of government interventions in the
economy and strives for the free movement of goods, services,
people and money.
❑ Mercantilism
➢Focuses on state efforts to accumulate wealth and power to
protect society from physical harm or the influence of other states.
❑ Structuralism
➢Focuses on how different social classes are shaped by the
dominant economic structure.
Six Core Claims of Globalization
1.Globalization is about the liberalization and
global integration of markets.
2.Globalization is inevitable and irreversible.
3.Nobody is in charge of globalization.
4.Globalization benefits everyone.
5.Globalization furthers the spread of democracy
in the world.
6.Globalization requires a global war on terror.
Types of Globalization
❑Financial Globalization;
is an aggregate concept that refers to increasing global linkages created through
cross- border financial flows.
❑Economic Globalization;
involves a wide variety of processes, opportunities, and problems related to the
spread of economic activities among countries around the world.
❑Technological Globalization;
is speeded in large part by technological diffusion, the spread of technology across
borders.
❑ Political Globalization;
refers to the amount of political co-operation that exists between different
countries.
❑Cultural Globalization
a phenomenon by which the experience of everyday life, as influenced by the
diffusion of commodities and ideas, reflects a standardization of cultural
expressions around the world.
❑Sociological Globalization
focuses on understanding the structures, institutions, groups, relationships,
ideologies, trends, and patterns that are particular to a globalized world
❑Ecological Globalization
examines the effects of global alliances on ecological issues.
❑ Geographical Globalization
The expansion and intensification of social relations and consciousness across
world-time and world-space.
Developed Countries from Developing Countries
Develop Developing
High level of laws, customs, and institutions Weak government
that promote good governance

Good infrastructure Lack of infrastructure

Basic food and shelter is expensive Basic food and shelter of poverty are cheap

Low instances of poverty High instances of poverty

High literacy rates Relatively low literacy rates

Provides foreign aid and humanitarian Dependency on foreign aid and humanitarian
assistance assistance

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy