1. Author:Felix Spindler Date: 30.11.2009 TI-09 / Leipzig
Globalization
Author:Felix Spindler
Date:
TI-09 / Leipzig

2. INDEX Definition & explanation of Globalization Different aspects
Advantages + disadvantages of globalization

3. Globalization, what is it ?
Movement of:
people
goods
capital
ideas...
Living in a borderless world

4. Globalization, what is it ?
refers to:
Increasing
Integration
Interdependence

5. Different aspects of globalization
different spheres:
economic
social
technological
cultural
political
ecological

6. Explanation
Industrial – emergence of production markets to range goods for consumer + companies
Financial – emergence of financial markets worldwide
Political – creating of a world government
Cultural – apply different technologies which are embodied in foreign products
Social – connect people of all nations
Technical – global telecommunications infrastructure

7. Advantages of Globalization
Growth of companies
Improve living standards
Reduce poverty
Improved wealth = increased life expectancy
Modern communications enforce growth of liberal democracies around the world

8. Disadvantages of Globalization
Costs for reforms and restructuring
Increased interdependence of countries
Dangers of spread diseases like HIV/AIDS, SARS, bird/pig flu