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    Introduction To The Study of Globalization: Ge103 - The Contemporary World

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    Globalization is an ongoing process of integration driven by political, economic, technological and sociocultural forces that has accelerated over the last century. It involves the increasing flows of trade, investment, technology, information and culture between countries on a global scale. There are varying definitions that conceptualize globalization as the growing interdependence and borderlessness of economies and societies, or as the complex set of processes involving increasing liquidity and multidirectional flows of people, objects, places and information. Globalization encompasses aspects such as economic, industrial, financial, political, informational and cultural globalization through worldwide developments in areas like trade, foreign investment, capital flows, migration, science and technology.

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    Introduction To The Study of Globalization: Ge103 - The Contemporary World

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    maelyn calindong
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    Globalization is an ongoing process of integration driven by political, economic, technological and sociocultural forces that has accelerated over the last century. It involves the increasing flows of trade, investment, technology, information and culture between countries on a global scale. There are varying definitions that conceptualize globalization as the growing interdependence and borderlessness of economies and societies, or as the complex set of processes involving increasing liquidity and multidirectional flows of people, objects, places and information. Globalization encompasses aspects such as economic, industrial, financial, political, informational and cultural globalization through worldwide developments in areas like trade, foreign investment, capital flows, migration, science and technology.

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    Lesson 1

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    Globalization is an ongoing process of integration driven by political, economic, technological and sociocultural forces that has accelerated over the last century. It involves the increasing flows of trade, investment, technology, information and culture between countries on a global scale. There are varying definitions that conceptualize globalization as the growing interdependence and borderlessness of economies and societies, or as the complex set of processes involving increasing liquidity and multidirectional flows of people, objects, places and information. Globalization encompasses aspects such as economic, industrial, financial, political, informational and cultural globalization through worldwide developments in areas like trade, foreign investment, capital flows, migration, science and technology.

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    141 views4 pages

    Introduction To The Study of Globalization: Ge103 - The Contemporary World

    Uploaded by

    maelyn calindong
    Globalization is an ongoing process of integration driven by political, economic, technological and sociocultural forces that has accelerated over the last century. It involves the increasing flows of trade, investment, technology, information and culture between countries on a global scale. There are varying definitions that conceptualize globalization as the growing interdependence and borderlessness of economies and societies, or as the complex set of processes involving increasing liquidity and multidirectional flows of people, objects, places and information. Globalization encompasses aspects such as economic, industrial, financial, political, informational and cultural globalization through worldwide developments in areas like trade, foreign investment, capital flows, migration, science and technology.

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    of 4

    COURSE CODE AND TITLE

    GE103 – THE CONTEMPORARY WORLD


    LESSON NO. 1
    TOPIC

    INTRODUCTION TO THE STUDY OF GLOBALIZATION


    INTRODUCTION

    Human beings have encountered many changes in their social relationships and social
    cultures over the last century. Bauman (2003) says that globalization is a very important
    change, if not, the "most important". According to Albrow (1996), the reality and omnipresence
    of globalization make us part of the "global age". Many scholars gave and tried to formulate
    their definitions. This resulted in different and contradicting views about the concept. All people
    and all situations cannot be contained within a specific time frame as stated by Rhodan (2006).
    In addition to that, globalization encompasses a multitude of processes that involves the
    economy, political systems, and culture. Globalization directly affects social structures.

    LEARNING OBJECTIVES
    At the end of the lesson, the students should be able to
    1. Differentiate the competing conceptions of globalization.
    2. Identify the underlying philosophies of varying definitions of globalization.
    3. Accord on a working definition of globalization for the course

    LESSON PRESENTATION

    DEFINING GLOBALIZATION
    .
    Conceptualizing globalization reveals a variety of perspectives. Globalization is an
    ongoing process driven by political, economic, technological, and sociocultural forces. The
    process of globalization since World War II has been driven by politicians' planning to break

    1
    down borders, hampering trade to increase prosperity and interdependence, and to decrease
    the chance of future war. The globalization process has been further accelerated by the global
    expansion of multinational corporations and the worldwide exchange of new developments in
    science, technology, and product manufacturing and design. Hence, the term "globalization"
    refers to economic globalization, that is, the integration of national economies into the
    international economy through trade, direct foreign investment, capital flows, migration, and the
    spread of technology. Globalization is also known as cultural globalization because many
    people believe that globalization is driven by the worldwide export of western culture through
    the new mass media: the film, radio, television, and recorded music. The development of
    international transport and telecommunication is another driving force that speeds up the
    process of globalization.

    Definitions of Globalization
     It is described as 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.
     It means the onset of the borderless world as stated by Kenichi Ohmae.
     According to Robert Cox, globalization trend includes the internationalizing of
    production, the new international division of labor, new migratory movements from South
    to North, the new competitive environment that accelerates these processes, and the
    internationalizing of the states, making the states into agencies of the globalizing world.
    (RAWOO Netherlands Development Assistance Research Council, 2000, p. 14)
     Globalization is a trans-planetary process or a set of procedures involving increasing
    liquidity and the growing multidirectional flows of people, objects, places, and
    information, as well as the structures they encounter and create that are barriers to
    expedite those flows (Ritzer, 2015, p. 2)
     According to Al-Rodhan, globalization encompasses the causes, course, and
    consequences of transnational and transcultural integration of human and non-human
    activities (2006, p. 5).

    How can the concept and definitions help us understand globalization?


    1. The perspective of the person who defines globalization shapes its definition.
    2. The sociologist Cesare Poppi said that globalization is the debate, and the
    discussion is globalization. One is always part of the others.
    3. Globalization is a reality. It is transforming as human society develops.

    In general, globalization is a concept that is not easy to define because, it has a shifting
    nature. People may define it as complex, multifaceted, and can be influenced, depends on ow
    they define it. Moreover, the issues and concerns involving globalization have a wide ranger –
    from individuals to society, from small communities to nations and states. We could benefit
    2
    from it to the costs it could carry. Nevertheless, the task of defining globalization should
    stimulate more discussions about it. It is more important that people experience globalization
    and it should give them the interest of engaging in the study of it.

    Various aspects of globalization which affect the world in several different ways.
     Industrial globalization- development of worldwide production markets and broader
    access to a range of foreign products for consumers and companies, particularly the
    movement of material and goods between and within financial markets.
     Financial globalization- development of global financial markets and better access to
    external financing for borrowers.
     Economic globalization- establishing a universal common market, based on the freedom
    of exchange of goods and capital.
     Political globalization- the formation of international organizations to regulate the
    relationships among governments and to guarantee the rights arising from social and
    economic globalization.

     Informational globalization- the increase in information flows between geographically


    remote locations. (It is a technological change related to the advent of fiber optic
    communications, satellites, and increased availability of telephone and Internet.)
     Cultural globalization- the sharing of ideas, attitudes, and values across national
    borders. This sharing generally leads to interconnectedness and interaction between
    people of diverse cultures and ways of life. The primary instruments for cultural
    globalization are mass media and communication technologies.

    SUMMARY/SYNTHESIS

    Globalization is an important change for us to see ourselves as part of what we prefer as


    the "global age." It is an ongoing process referred as economic globalization, industrial
    globalization, financial globalization, political globalization, informational globalization, and
    cultural globalization, that is, the integration of national economies into the international
    economy through trade, direct foreign investment, capital flows, migration, the spread of
    technology and sociocultural forces, also driven by the worldwide export of western culture
    through the new mass media. The process of globalization has been further accelerated by the
    global expansion of multinational corporations and the worldwide exchange of new
    developments in science, technology, and product manufacturing and design. The
    development of international transport and telecommunication is another driving force that
    speeds up the process of globalization. It is a concept that is not easy to define because it is
    complex, multifaceted, and can be influenced by the people who define it.

    3
    REFERENCES

    Aldama, Prince Kennex Reguyal, The Contemporary World, First Edition, Manila. Rex Book
    Store, Inc., 2018: pp. 1-4

    https://www.edb.gov.hk/attachment/en/edu-system/primary-secondary/applicable-to-
    secondary/moi/support-and-resources/personal-social-and-humanities-education-
    secondary-1-to-3/s3%20topic%205%20introduction%20to%20globalization.pdf

    https://www.edb.gov.hk/attachment/en/edu-system/primary-secondary/applicable-to-
    secondary/moi/support-and-resources/personal-social-and-humanities-education-
    secondary-1-to-3/s3%20topic%205%20introduction%20to%20globalization.pdf

    https://www.piie.com/microsites/globalization\

    https://www.sjsu.edu/people/carol.mukhopadhyay/race/Culture-more-activities-2014.pdf

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