Globalization:
The Good, The Bad & The Ugly
Globalization: is the process of interaction and integration among
the people, companies, and governments of different nations
Causes: driven by international trade & investment made easier
by information technology which connects distant people.
Effects: on the health of the environment, strength of culture, on
political systems, on economic development and prosperity, and
on human physical well-being in societies around the world.
How do the following represent
Globalization?
What forms does Globalization
take on?
A non-governmental organization (NGO) is an organization that
is neither a part of a government nor a conventional for-profit
business. Usually set up by ordinary citizens, NGOs may be
funded by governments, foundations, businesses, or private
persons.
An intergovernmental organization (or international
governmental organization; IGO) is an organization composed
primarily of sovereign states (referred to as member states),
or of other intergovernmental organizations.
What forms does Globalization
take on?
Information and communications technology (ICT) or
information technology (IT), provide unified communications and
the integration of telecommunications (telephone lines and
wireless signals), computers, and the companies that provide
the service.
A multinational corporation or is an organization that owns or
controls production of goods or services in one or more
countries other than the home country
Globalization:
Globalization:
Globalization is deeply controversial
PROS:
Proponents of globalization argue that it allows poor countries and
their citizens to develop economically and raise their standards of
living. ( connect to wider markets, increase personal/national
income, access to diverse non local foods)
CONS:
Opponents of globalization claim that the creation of an unfettered
international free market has benefited multinational corporations in
the Western world at the expense of local enterprises, local cultures,
and common people. ( child labour, sweat shop exploitation,
outsourcing jobs, international black markets )
Issues with Globalization:
Global Trade: competitiveness and offshoring/outsourcing,
labour exploitation.
Movement of people: immigration, westernization cultural
diffusion, disease spread
Environmental Challenges: climate change , resource
consumption, travel
Conflict: Ideologies and natural resource control
Globalization:
Can be broken down into the 3 C’s:
Connection: Transportation, Communications, migration
& spread of material and non material culture.
Competition: Economic growth/decline, natural resource
exploitation, multinationals & terrorism.
Cooperation: International Aid, Trade agreements
Globalization:
“Globalization is a force for economic growth, prosperity
and democratic freedom”
“Globalization is environmental devastation, exploitation
of the developing world, and suppression of human rights”
Which quote do you side with after today’s lesson?
Write down your thoughts because this question will appear in the future