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Published byDarleen Lawrence Modified over 9 years ago
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Globalization – a definition The trend toward greater interconnectedness of the world’s economic, technological, political, cultural and environmental systems.
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Intro to Globalization PPT ADAPTED FROM VIDEO MADE BY WISSENSWERTE.E-POLITIK.DE
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All linked together Economy Ecology Society Politics
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Regional Organizations have more influence
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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
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Transportation Container Shipping Air Freight Prices Down
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Trade Open Markets Reduced import tariffs, quotas and bans.
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Paving the way for big business Put logo of coporation here New Technology Decreasing Transportation Costs Liberalization of international trade
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Three main areas of Globalization
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Economic Sphere
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MNC’s – Multi- Natinoal Coporations Looking for: Markets Chap production
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Political Sphere Important Policy Issues go beyond borders. Seeking solutions from groups and organizations
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Political Sphere NGO’s – Non Government Organizations can exert influence on politics Greenpeace Anesty International Not democratic
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Political Sphere Emergence of Global Political Forum - Small states become less influential - Have you heard of Liberia, Togo, Mauritius?
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Cultural Sphere “McWorld” – dominance of western culture. Music News Product English Language
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Who wins with Globalization Newly industrialized economies Emerging economies in Brazil, Russia and China
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Who wins with Globalization? China – 500 million have left extreme poverty
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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
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Industrialized Countries New Markets but Increased Competition
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Globalization New challenges and opportunities
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