Introduction
to
Globalization
Globalization
What comes out in your mind when you hear the word..
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What is Globalization?
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used to describe the growing interdependence of the world’s economies, cultures, and populations, brought
about by cross-border trade in goods and services, technology, and flows of investment, people, and
information.
Economic networks
 Trade
 Capital flows
 Labor migration
Communication and transportation networks
 Networks linking soldiers, criminals, terrorists
 Advocacy networks
 Religious organizations
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Definitions
Table
of
1.1
Globalization
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Globalization then “refers to a
multidimensional set of social
processes that create, multiply,
stretch, and intensify worldwide
social interdependencies and
exchanges while at the same time
fostering in people a growing
awareness of deepening
connections between the local
and the distant.”
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What do you think are the factors that make
Globalization exist?
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Factors:
⊳ Economic Process
⊳ Political Process
⊳ Cultural Process
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Economic Process
Economic "globalization" is a historical process, the result of
human innovation and technological progress. It refers to
the increasing integration of economies around the world,
particularly through the movement of goods, services, and
capital across borders.
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Political Process
A political system is defined as a set of institutions and agencies
concerned with formulating and implementing the collective goals of
society or of organs within it
The shift in the domestic balance of power between capital and labor
that globalization promotes by rewarding mobile factors thus
translates into a shift in domestic politics.
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Functions
1. The system function determines the inputs through socialization,
recruitment, and communication. These three processes are concerned with
the maintenance of an entire system.
2. The process function is where collective decisions are made and
implemented through interest articulation, interest aggregation, policy making,
and policy implementation and adjudication.
3. The output function treats the output through the processes of policy
extraction, regulation, and distribution.
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Cultural Process
Cultural Globalization is a phenomenon by which the experience of
everyday life, interpenetration of cultures which, as a consequence,
means nations adopt principles, beliefs, and costumes of other
nations, losing their unique culture to a unique, globalized supraculture
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Is there a possibility that Globalization will not exist?
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Globaloney
The word globaloney is a coined conjugation of the words
globalization and baloney with the latter being used idiomatically to
mean “nonsense”. This happened when there is an absence of clearcut definitions or norms for filtering data and an analytical method to
validate.
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What are the advantages of the Globalization?
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Brighter side of Globalization
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Access to New Cultures
The Spread of Technology and Innovation
Lower Costs for Products
Higher Standards of Living Across the Globe
Access to New Markets
Access to New Talent
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What are the challenges of Globalization?
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The “Dark Side” of Globalization
 More access to goods and services…….but greater illegal trade in arms, people,
drugs, money.
 More goods transported across the globe…..but they can bring in toxic toys, invasive
species, contaminated food
 Ease of internet access expands free speech but can put porn in children's hands,
facilitate reckless investments, intellectual theft
 Movement of people expands freedom but can spread deadly diseases.
The “Dark Side” of Globalization
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International Recruiting
Incurring Tariffs and Export Fees
Loss of Cultural Identity
Foreign Worker Exploitation
Global Expansion Difficulties
Climate Change
Globalization in the News
Directions: Clip news articles about globalization being affected by COVID19. Share your perceptions about what you have read and categorize them
as positive and negative. In a 3-5 minute video clip explain your perception
towards the news.
Note: Please use reliable sources of data it could be from local newspaper
or thru online sites of news and etc.
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