Chapter 1 Fundamentals of Globalization PDF

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 Ice Breaker! Did you crave for these? COLLEGE OF ARTS & SCIENCES Department of Social Sciences Are you a fan of? COLLEGE OF ARTS & SCIENCES Department of Social Sciences Or have things from foreign brand? COLLEGE OF ARTS & SCIENCES Department of Social Sciences Do you have account on these? COLLEGE OF ARTS & SCIENCES Department of Social Sciences When was the first time you created your FaceBook Account? COLLEGE OF ARTS & SCIENCES Department of Social Sciences Are you aware of this issue? COLLEGE OF ARTS & SCIENCES Department of Social Sciences How about this? COLLEGE OF ARTS & SCIENCES Department of Social Sciences WELCOME TO THE CONTEMPORARY WORLD! COLLEGE OF ARTS & SCIENCES Department of Social Sciences  CHAPTER 1: Fundamentals of Globalization Prepared by: CYRELLE J. DOMINICO Faculty in Charged, Dept. Social Sciences  Learning Objectives: 1. To write a personal definition of globalization based on a concept map. 2. To differentiate the competing conceptions of globalization. 3. To identify the underlying philosophies of the varying definitions of globalization. 4. To agree on a working definition of globalization for the course. COLLEGE OF ARTS & SCIENCES Department of Social Sciences  QUESTION: WHAT IS GLOBALIZATION? COLLEGE OF ARTS & SCIENCES Department of Social Sciences  GLOBALIZATION Ø is the icreasing the interaction of people, states or countries through the growth of the interntaional flow of money, ideas, and culture. Thus, globalization is primarily focused on economic process of integration that has social and cultral aspects. Ø It is the interconnectedness of people and business across the world that eventually lead to global, cultural, political, and economic integration. COLLEGE OF ARTS & SCIENCES Department of Social Sciences  GLOBALIZATION Ø it is the ability to move and copmmunicate easily with others all over the world in order to conduct business internationally. Ø It is the free movement of goods, services, and people across the world in a seamleass and integrated manner. Ø It is the liberalization of countries of their impact proto co l s an d w el co m e f o r ei g n investment into sectors that are the mainstays of its economy. COLLEGE OF ARTS & SCIENCES Department of Social Sciences  GLOBALIZATION Ø it refers to countries acting like magnets attracting global capital by opening up their economies to multinational corporations. COLLEGE OF ARTS & SCIENCES Department of Social Sciences  GLOBALIZATION AS DEFINED BY AUTHORS Globalization as process by which the people of the world are incorporated into a single world society. - Martin Albrow and Elizabeth King Globalization as intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occuring many miles a way and vice versa. - Anthony Giddens (The Consequence of Modernity) COLLEGE OF ARTS & SCIENCES Department of Social Sciences  GLOBALIZATION AS DEFINED BY AUTHORS Globalization as the compression of the world and the intensification of the consciousness of the world as a whole. Prof. Roland Robertson (Sociology), 1992, University of Aberdeen COLLEGE OF ARTS & SCIENCES Department of Social Sciences CHARACTERISTICS OF GLOBALIZATION There is social mobility of movement of people regardless of reason. There is an intensification of interactions It’s an active process Borderless interaction Spread of ideas, knowledge, technology, culture, religion, etc. COLLEGE OF ARTS & SCIENCES Department of Social Sciences HISTORICAL FOUNDATION OF THE TERM GLOBALIZATION o Before the Age of Discovery o Age of Discovery o 1820s o 1900s o 20th Century COLLEGE OF ARTS & SCIENCES Department of Social Sciences HISTORICAL FOUNDATION OF THE TERM GLOBALIZATION 1897 Charles Taze Russel (Watch tower bible and tract society) coined the term CORPORATE GIANTS, referring to a large national trust and other large enterprises of the time. 1830 The word Globalize as a noun appeared in a publication entitled `Towards New Education´ where it denoted a holistic view of human experience in education. Late 1970s Globalization was coined Early 1981 Globalization was used as an economic sense. COLLEGE OF ARTS & SCIENCES Department of Social Sciences HISTORICAL FOUNDATION OF THE TERM GLOBALIZATION Globalization was popularized by Theodore Late 1980s Levitt. Late 2000s The IMF identified four basic aspect of globalization. 2013 The globalization was used to define dorderless society. 2017 Globalization was often used in the Academe. 2018 Globalization was now used in all disciplines. COLLEGE OF ARTS & SCIENCES Department of Social Sciences INDICATORS OF GLOBALIZATION Interdependence of countries in different social aspects. Advancement of science, technology, and etc. Environmental issues across borders Economic globalization, cultural globalization, and political globalization COLLEGE OF ARTS & SCIENCES Department of Social Sciences NATURE OF GLOBALIZATION A conglomorate of various multiple units located in different parts of the globe which are linked by common ownership Multiple units draw a common pool of resources such as money, credit, information, patents, trade names and control system. COLLEGE OF ARTS & SCIENCES Department of Social Sciences NATURE OF GLOBALIZATION The units respond to some common strategy. Product presence in different markets of the world. Human resources are highly diverse. Transactions involving intellectual properties such as copyrights, patents, trademarks, and process technologies are across the globe. COLLEGE OF ARTS & SCIENCES Department of Social Sciences REASONS OF GLOBALIZATION Rapid shrinking of time and distance across the globe. One can easily cross the bridge going to the other side of the market place due to advance tools technology than before Domestic markets are no longer rich as a consequence of many interlocking factors. Companies and institutions go global to find political and economic stability which is relatively good in other countries that the country of origin. COLLEGE OF ARTS & SCIENCES Department of Social Sciences REASONS OF GLOBALIZATION To get technological and managerial know how of the countries due to their advancement in science, technology, education, health, and other fields of discipline. To reduce high transportation costs if one goes globally using the advance tools of communication and information. To be close to raw materials and to markets for their finished products which are not available in the country of origin. COLLEGE OF ARTS & SCIENCES Department of Social Sciences REASONS OF GLOBALIZATION The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade. There are other world bodies like the UN and several arbitration bodies where countries agree. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø ECONOMIC GLOBALIZATION may be defined as the intercontinental exchange of products, services, and labor. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø FINANCIAL GLOBALIZATION leads to the deepening and expansion of global finance. Four basic developments that drive financial globalization: a. Consolidation of financial institutions in most countries. Before, local banks were largely locally owned and operated, but the number of independent financial institutions is declining as mergers and acquisitions result in larger financial institutions (BDO is merging of Equitable, PCI and Banco de Oro) COLLEGE OF ARTS & SCIENCES Department of Social Sciences b. Globalization of operations is where banking conglomerates extend their reach by forming strategic alliances with similar institutions in different countries c. Emergence of New technologies such as online banking where telecommunications aid operation to expand into foreign markets even without having branches (Pera padala of pawnshops) d. Universalization of banking had contributed to the blurring of bank and nonbank financial services. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø POLITICAL GLOBALIZATION is characterized by the acceptance of states, the relative power of states, and the spread of nonstate political and regional organizations composed of states, and the spread of nonstate political actors most of the emphasis on political globalization is concentrated on the spread of multilateral institutions. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø TECHNOLOGICAL GLOBALIZATION refers to the increasing interconnectedness of people and societies through the rapid spread of technology across national borders. It's about how technology facilitates communication, information sharing, and cultural exchange on a global scale. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø MILITARY GLOBALIZATION This is characterized by several developments in modern history a. The competition among European powers and territorial expansion that resulted in the colonization of Asia, Africa, and the Americas; b. The emergence of international alliances and international security regimes,such as the Concert of Europe and the North Atlantic Treaty Organization (NATO); COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø CULTURAL GLOBALIZATION involves the exchange of food, people, products, ideas, and technology across national boundaries. It affects the consciousness of individuals and their attitudes towards politics, religion, economics, and broader cultural values. It also influences their sense of identity, belonging and nationalism. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø ENVIRONMENTAL GLOBALIZATION focuses on the interdependence among countries in relation to such problem as global warming, the spread of infectious diseases, air and waterpollution, deforestation and loss of biodiversity, and threats of endangered species. It refers to the impact that environmental problems in one part of the world have on distant places. Virtually, all forms of globalization have an impact on the environment. COLLEGE OF ARTS & SCIENCES Department of Social Sciences FORMS OF GLOBALIZATION Ø CRIMINAL GLOBALIZATION It is the intercontinental spread of global crime and its impact on governments and individuals. It includes transborder crimes suchas drug trafficking, money laundering, prostitution, alien smuggling, arms trafficking and counterfeiting. It poses severe challenges to national and global security. COLLEGE OF ARTS & SCIENCES Department of Social Sciences  GROUP ENGAGEMENTACTIVITY: COLLEGE OF ARTS & SCIENCES Department of Social Sciences  INSTRUCTION: Divide the class into two. Full in line infront. The faculty will read the activity’s instruction. The group who got the highest score will be declared winner. COLLEGE OF ARTS & SCIENCES Department of Social Sciences  SEAT WORK NO. 1 Write your own Experience of Globalization (it can be in the form of essay, poetry, song, and the likes) COLLEGE OF ARTS & SCIENCES Department of Social Sciences  ACTIVITY NO. 1 Group Activity (find your own group) Infographics Making (content: Forms of Globalization) MWF Class Deadline: February 7, 2025 TTh Class Deadline: February 6, 2024 COLLEGE OF ARTS & SCIENCES Department of Social Sciences  QUIZ NO. 1 20 PTS. (coverage:Chapter 01) Schedule: TBA (January 30, 2025) COLLEGE OF ARTS & SCIENCES Department of Social Sciences  Food for Thought: 4Gs God Goal Growing Glowing Get in Touch With Us Send us a message or visit us City of Batac, Ilocos Norte, Philippines (63) 77-600-0459 [email protected] Follow us for updates facebook.com/MMSUofficial www.mmsu.edu.ph