1. Globalization Global Politics

2. Globalization is one of the most studied issues of our time What is it? Globalization is one of the most studied issues of our time What is it?

3. Globalization For the economist, globalization is essentially the emergence of global markets

4. Globalization For the historian, it is an epoch dominated by global capitalism

6. Globalization For the sociologist, globalization at once underscores the celebration of diversity as well as the convergence of social preferences in matters of lifestyle and social values.

7. Globalization For the political scientist, globalization is the gradual erosion of state sovereignty.

8. Globalization While each discipline adds to the understanding of Globalization, they only explain part of the story.

9. Globalization Globalization is best understood as a concept that transcends individual disciplines…and also unites them. Globalization must be approached from a multi-disciplinary perspective. Globalization is best understood as a concept that transcends individual disciplines…and also unites them. Globalization must be approached from a multi-disciplinary perspective.

10. The Three “P’s”

11. As a Phenomenon Globalization manifests the extremely intricate interconnectedness of human life across the planet Ex: we all share the same earth environment, but did not, until recently, realize how our present and future were linked until we became aware of global warming and its causes Globalization manifests the extremely intricate interconnectedness of human life across the planet Ex: we all share the same earth environment, but did not, until recently, realize how our present and future were linked until we became aware of global warming and its causes

12. As a phenomenon Globalization is the complex interconnectedness of peoples present and future. This interconnectedness is becoming the dominant character of our political, cultural, economic, and natural environments. Globalization is the complex interconnectedness of peoples present and future. This interconnectedness is becoming the dominant character of our political, cultural, economic, and natural environments.

13. As a Philosophy Holding a global vision has become the necessary pre-requisite for effective policy and strategy

14. As a Philosophy This philosophy of globalization - which essentially describes the reality of being interconnected - is also known as globalism.

15. As a Philosophy Globalism holds the following beliefs: –The world is rapidly integrating in all spheres –Peoples’ economic, political, and cultural expectations are converging Globalism holds the following beliefs: –The world is rapidly integrating in all spheres –Peoples’ economic, political, and cultural expectations are converging

16. As a Philosophy Citizens from all political persuasions find elements in globalization they welcome. –Right: free markets and investment flows –Left: emergence of a truly global culture based on the values of multiculturalism and democracy Citizens from all political persuasions find elements in globalization they welcome. –Right: free markets and investment flows –Left: emergence of a truly global culture based on the values of multiculturalism and democracy

17. As a Philosophy Globalization is inevitable and irreversible The integration of economies and standardization of politics is, in effect, institutionalizing the philosophy of globalism Globalization is inevitable and irreversible The integration of economies and standardization of politics is, in effect, institutionalizing the philosophy of globalism

18. As a Process Faith and interest in globalism drives globalization-- and, in turn, globalization spreads globalism

19. As a Process The key to understanding globalization is to imagine it as a process that seeks to eliminate political and geographical distances between people.

20. As a Process The two key engines of globalization are the technology revolution and politico- economic liberalization

21. As a Process The world of nations, until now, depended on the concept of sovereignty as the organizing principle. In order to realize their sovereign capabilities, states erected a huge legal edifice that disabled any initiative without state authority The world of nations, until now, depended on the concept of sovereignty as the organizing principle. In order to realize their sovereign capabilities, states erected a huge legal edifice that disabled any initiative without state authority

22. As a Process With globalization, states are collectively creating an alternate edifice of international norms and regulations through international bodies such as the UN and WTO. These institutions allow states to monitor activities without acting as barriers to inter-state flows With globalization, states are collectively creating an alternate edifice of international norms and regulations through international bodies such as the UN and WTO. These institutions allow states to monitor activities without acting as barriers to inter-state flows

23. Conclusion Globalization is basically the heightened mobility of ideas, peoples, goods, and capital across borders.

24. Conclusion This enhanced mobility is the chief process of globalization and its engines are liberalization and technology.