ASSIGNMENT 02 FOUNDATIONS OF PUBLIC ADMINISTRATION: PUB2601 UNIQUE NUMBER: 750957 STUDENT NR 3888-347-3 MS TM MAJAVU The concept of the “global village” is a reflection of the ever-narrowing gap among the states of the world. Explain this statement under the following headings: The meaning of the concept of the “global village” People discuss the global village on a daily basis. This reflects their awareness of the world's ever-diminishing distance between states. It is now as simple to interact with people in another countries as it was 10 years ago to communicate with people in one's own city. Information is now readily available through many mediums such as television, radio, telephones, and, most importantly, computers (internet). Changes in the world have an impact on every aspect of a country. Social globalisation Ordinary people have become more mobile and knowledgeable as a result of this easy information exchange. It is now a common and everyday occurrence that we see on the social media and televisions on how technology has shaped the beliefs and ideals of young people. Because of the global dominance of American films, the American lifestyle as shown in films has become the norm for most emerging generations of all races and cultures. As a result, globalization has had an impact on the following: • physical mobility • culture • general knowledge • needs and expectations to which governments have to respond Economic globalisation In terms of economics, globalisation is a relatively new phenomenon. Because no economy can be totally self-sufficient, to this end there is a worldwide commerce in various goods and services that takes place between nations. Global trade, on the other hand, has become more efficient as a result of technical improvements. Thanks to the internet and other means of real-time communication, countries can now trade goods as if they were doing it face to face. The rise of real-time marketplaces has made international buying more accessible, to the point where people may shop from the comfort of their own homes using only a desktop computer's keyboard. International commerce has increased the interdependence of different countries' monetary currencies. A significant currency, such as the Japanese Yen, has a greater impact on the South African Rand than, say, the Italian Lira. This means that what happens in the world's stronger economies has a direct impact on the rest of the world's economy. As a result, governments are required to be watchful of other countries' economic patterns. The New York and Tokyo Stock Exchanges have a big influence on the Johannesburg Stock Exchange. Political globalisation The shifting priorities of populations necessitates that governments respond to and adopt ideas from other countries. Globalisation's social and economic elements have a significant impact on what a government should and should not do. In a social setting, more mobility leads to an influx of immigrants into economies that are relatively stronger. Individual governments must adopt policies that will allow them to deal with such issues. Political instability in other nations, on the other hand, will force a government to beef up its internal security. In some situations, the government may be forced to interfere directly and send an army into another country to battle. Essentially, the issue of globalisation has caused governments to shift their attention from a national to a global one.