The Structures of Globalization PDF

The Structures of Globalization What Is Globalization Globalization is the process by which ideas, knowledge, information, goods, and services spread around the world. Globalization is the increasing interaction of people, states, or countries through the growth of the international flow of money,...

The Structures of Globalization What Is Globalization Globalization is the process by which ideas, knowledge, information, goods, and services spread around the world. Globalization is the increasing interaction of people, states, or countries through the growth of the international flow of money, ideas, and culture. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally. Merits and Demerits of Globalization Economic Technological Job Growth Transfer Opportunities Income Exploitation of Environmental Inequality Labor Impact reallygreatsite.com Three Components of Globalization Economic Social/Cultural Political Globalization Globalization Globalization Economic Globalization Countries that trade with many others and few trade barriers are economically globalized. The free movement of goods, capital services, technology, and information. Economic Integration The process or arrangement between regions to reduce or eliminate trade barriers, and to coordinate monetary or fiscal policies with common purpose of increasing the trade to those countries involved. Monetary & Fiscal Policy Economic Integration Factors 1. Regional Integration - ASEAN, EUROPEAN UNION 2. Trade Liberalization 3. Foreign Direct Investment 4. Privatisation 5. Deregulation  Cultural Globalization Refers to the transmission of ideas, meanings, and values across national borders. Migration - any movement of people, either temporary or permanent, from one place to another. Food Sport Cultural Globalization A measure of how easily information and ideas pass between people in their own country and between different countries Political Globalization intensification and expansion of political interrelations across the globe Examples of Political Globalization The North American United European NAFTA Treaty Nations Union Organization reallygreatsite.com