GE3: Contemporary World Globalization PDF

GE3: CONTEMPORARY WORLD Geraldine J. Misoles, MTSW  COURSE OUTCOME Explain the emergence of global Economic, political, social, and cultural systems.  LEARNING OUTCOME 1. Agree on a working definition for globalization based on the discussion; 2. Differentiate the comp...

GE3: CONTEMPORARY WORLD Geraldine J. Misoles, MTSW  COURSE OUTCOME Explain the emergence of global Economic, political, social, and cultural systems.  LEARNING OUTCOME 1. Agree on a working definition for globalization based on the discussion; 2. Differentiate the competing conceptions of globalization; and 3. Narrate a personal experience of globalization. WHAT CAN YOU SAY ABOUT THE FOLLOWING IMAGES? WHAT CAN YOU SAY ABOUT THE FOLLOWING IMAGES? WHAT CAN YOU SAY ABOUT THE FOLLOWING IMAGES?  WHAT IS GLOBALIZATION? What comes to our mind when we hear the word GLOBALIZATION?  GLOBALIZATION It deals with economic, political, social and cultural relations. A world-wide connection Interdependency Borderless world  DIFFERENT DEFINITION OF GLOBALIZATION PRIMARILY AN ECONOMIC PROCESS. (MOST ACCOUNTS) IT USUALLY PERTAINS TO THE INTEGRATION OF NATIONAL MARKET TO A WIDER GLOBAL MARKET SIGNIFIED BY AN INCREASE IN FREE TRADE. (NATIONALIST) REFERS TO THE ACT OF OPPOSING TRADE DEALS AMONG COUNTRIES FACILITATED AND PROMOTED BY INTERNATIONAL ORGANIZATIONS SUCH AS THE WORLD TRADE ORGANIZATION (WTO). (ACTIVISTS) THE EXPANSION (SOCIAL NETWORKS & CONNECTIONS) AND INTENSIFICATION (EXPANSION, STRETCHING AND ACCELERATION) OF SOCIAL RELATIONS AND CONSCIOUSNESS ACROSS WORLS-TIME AND ACROSS WORLD-SPACE. (MANFRED STEGER, SCHOLAR) GLOBALIZATION IS MANY PROCESSES WHILE GLOBALISM IS WIDESPREAD BELIEF AMONG POWERFUL PEOPLE  TOP GLOBAL FINANCIAL CITIES New York City New York, ranked first in the Global Financial Centres Index, is frequently regarded as the world's preeminent financial center. It also consistently ranks as the world's wealthiest. London London is not just an important European hub, but a global one. The city is one of the most visited places on earth and is among the most preferred places to do business. London is a well-known center for foreign exchange and bond trading in addition to banking activities and insurance services. Singapore Singapore, a small island nation in Southeast Asia, emerged as one of the Four Asian Tigers and a major financial center belied by its geographic size. This transformation, bringing it to third place in the GFCI, is all the more noteworthy considering the nation’s limited land and resources.11 Singapore’s financial markets are both diverse and specialized, and they are central for trade in chemicals, biomedical sciences, petroleum refining, mechanical engineering, and electronics. Hong Kong Hong Kong's position as a global financial center is intertwined with its colonial past and strategic geographical position. The city was a crucial trading port in the 19th century as a British colony, making the city one that was warred over for a place in international trade, particularly between the West and China. The Hong Kong Stock Exchange was established in 1891. However, the city's financial industry didn't begin its precipitous growth until after World War II, when Hong Kong rapidly industrialized. By the 1980s, the city was a global hub for banking and finance.15 San Francisco San Francisco is the financial capital of the western U.S. There are many brokerage and banking firms with offices in the San Francisco area, such as Franklin Templeton Investments, headquartered in nearby San Mateo. It's also the gateway to nearby Silicon Valley. As such, the city focuses on the technology industry, and the Bay Area serves as the unofficial worldwide headquarters of the venture capital industry.  WHAT’S THE STORY OF GIO AND LATIF? LAKSA - Laksa is a spicy noodle dish popular in Southeast Asia. Laksa consists of various types of noodles, most commonly thick rice noodles, with toppings such as chicken, prawn or fish. Most variations of laksa are prepared with a rich and spicy coconut soup or a broth seasoned with sour asam. WHAT CONNECTS GIO AND LATIF IN THE STORY? CEBU SYDNEY AUSTRALIA “PANGAKO SAYO” KUALA LUMPUR, MALAYSIA MALAYSIAN CUISINES “FLAT WHITES” FACEBOOK SINGAPORE HISTORY INTERNATIONAL FRIENDSHIP  GLOBAL EXPERIENCE THE STORY SHOWN HOW GLOBALIZATION OPERATES AT MULTIPLE, INTERSECTING LEVELS: POPULAR CULTURE – FILIPINO TV INTERNATIONAL COMPETITION – MODEL UN SYDNEY A GLOBAL CITY FACEBOOK – GLOBAL SOCIAL MEDIA SINGAPORE – GLOBAL COMMERCE WHAT OTHER HINTS OF GLOBALIZATION DID YOU FIND IN THE STORY? SOME DESCRIPTION OF GLOBALIZATION “MAIL-ORDER-BRIDE” FOREIGN INVESTMENT IN A COUNTRY HUMAN TRAFFICKING  MAIL-ORDER-BRIDE A mail order bride is a woman “ordered” for marriage by a usually more affluent man. The man pays a broker a fee for the match, and then pays for the travel expenses for the woman to come to him to be married.  IS GLOBALIZATION GOOD OR BAD? TWO PREMISES IN THE DISCUSSION OF GLOBALIZATION: 1. GLOBALIZATION IS A COMPLEX PHENOMENON THAT OCCURS AT MULTIPLE LEVELS. 2. IT IS AS UNEVEN PROCESS THAT AFFECTS PEOPLE DIFFERENTLY.  ARJUN APPADURAI He argues that globalization is primarily disjunctive, scalar, and contextual. Anthropologist Arjun Appadurai has discussed this in terms of five specific “scapes” or flows: ethnoscapes, technoscapes, ideoscapes, financescapes, and mediascapes. Thinking of globalization in terms of the people, things, and ideas that flow across national boundaries is a productive framework for understanding the shifting social landscapes in which contemporary people are often embedded in their daily lives. Questions about where people migrate, their reasons for migration, the pace at which they travel, the ways their lives change as a result of their travels, and how their original communities change can all be addressed within this framework. Questions about goods and ideas that travel without the accompaniment of human agents can also be answered using Appadurai’s notion of scapes. ARJUN APPADURAI’S DIFFERENT KINDS OF GLOBALIZATION ETHNOSCAPE – GLOBAL MOVEMENT OF PEOPLE MEDIASCAPE – FLOW OF CULTURE TECHNOSCAPE – CIRCULATION OF MECHANICAL GOODS AND SOFTWARE FINANCESCAPE – GLOBAL CIRCULATION OF MONEY IDEOSCAPE – REALM WHEREIN POLITICAL IDEAS MOVE AROUND  APADURAI’S DEFINITION OF GLOBALIZATION ETHNOSCAPE TECHNOSCAPE Ethnoscape refers to the flow of Technoscape refers to flows of people across boundaries. While technology. Apple’s iPhone is just people such as labor migrants or one example of how the movement refugees (see case study below) of technologies across boundaries can radically affect day-to-day life travel out of necessity or in search for people all along the commodity of better opportunities for chain. Sales records are surpassed themselves and their families, leisure with each release of a new iPhone, travelers are also part of this scape. with lines of customers spilling out of Apple stores and snaking around the block.  IDEOSCAPE FINANCESCAPE Ideoscape refers to the flow of ideas. This Financescape refers to the flow of can be small-scale, such as an individual posting her or his personal views on money across political borders. Facebook for public consumption, or it can be larger and more systematic. The pace of the global transfer of Missionaries provide a key example. money has only accelerated and Christian missionaries to the Amazon region made it their explicit goal to today transactions in the New York spread their religious doctrines. As the Stock Exchange, the Nikkei index, experiences of missionary-turned- anthropologist Daniel Everett show, and other such finance hubs have however, local people do not necessarily nearly immediate effects on interpret the ideas they are brought in the way missionaries expect. economies around the world.  MEDIASCAPE Mediascape refers to the flow of media across borders. In earlier historic periods, it could take weeks or even months for entertainment and education content to travel from one location to another. From the telegraph to the telephone, and now the Internet (and myriad other digital communication technologies), media are far more easily and rapidly shared regardless of geographic borders.  HOW HAVE YOU EXPERIENCED GLOBALIZATION? ASSIGNMENT: KINDLY ANSWER THE LEARNING ACTIVITY IN PAGE 11 OF YOUR TEXTBOOK IN A 1 WHOLE SHEET OF YELLOW PAPER FOR TOMORROW’S SHARING.  DEFINITION OF TERMS Parochialism – an outlook that is limited to one’s immediate community. - a person who is concerned only with his/her family, village, or even country