Unit 1 2020-2021
Unit 1 2020-2021
Unit 1 2020-2021
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INTRODUCTION TO
1 GLOBALIZATION
Sir Leandro Romano O. Dalisay
S . Y. 2 0 2 0 - 2 0 2 1
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People are engaged in buying and selling from other places in far-away lands like the famed
Silk Road across Central Asia that connected China and Europe during the Middle Age for
thousands of years and they also invested in enterprises in other countries for centuries.
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In the years since the Second World War, and especially during
the past two decades, many governments have adopted free-
market economic systems, vastly increasing their own
productive potential and creating myriad new opportunities for
international trade and investment. Governments also have
negotiated dramatic reductions in barriers to commerce and
have established international agreements to promote trade in
goods, services, and investment. Taking advantage of new
opportunities in foreign markets, corporations have built
foreign factories and established production and marketing
arrangements with foreign partners. A defining feature of
globalization, therefore, is an international industrial and
financial business structure.
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Attributes, Qualities or
Characteristics of Globalization
Example:
Brazilian World Cup: Today’s media combine conventional TV coverage with multiple
streaming feeds into digital devices and networking sites that transcend nationally based
services
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Attributes, Qualities or
Characteristics of Globalization
Examples:
Reaching of financial markets around the globe
Occurrence of electronic around the clock
Emergence of gigantic and virtually identical shopping malls in all continents to cater to
consumers who can afford commodities all over the world-including products whose
various components were manufactured in different countries. This process is called
SOCIAL STRETCHING.
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Attributes, Qualities or
Characteristics of Globalization
Examples:
The worldwide web relays distant information in real time
Satellites provide consumers with instant pictures of remote events
Sophisticated social networking by means of facebook or twitter has become routine
activity for more than a billion people around the globe.
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Attributes, Qualities or
Characteristics of Globalization
In this period the invention of writing and the wheel were great social and
technological boosts that moved globalization to a new level. The invention of
wheel in addition to roads made the transportation of people and goods more
efficient. On the other hand writing facilitated the spread of ideas and inventions.
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It is the period between the Enlightenment and the Renaissance. In this period,
European Enlightenment project tried to achieve a universal form of morality and
law. This with the emergence of European metropolitan centers and unlimited
material accumulation which led to the capitalist world system helped to
strengthen globalization.
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Dimensions of Globalization
1. Economic Dimension
2. Political Dimension
3. Technological Dimension
4. Cultural Dimension
5. Religious Dimension
6. Ecological Dimension
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1. Economic Dimension
This refers to the extensive development of economic relations across the globe
as a result of technology and the enormous flow of capital that has stimulated
trade in both sources and goods.
• Major players in the current century’s global economic order
• Huge international corporations (General Motors, Walmart, Mitsubishi)
• International Economic Institutions (IMF, World Bank, The World Trade
Organization)
• Trading Systems
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1. Economic Dimension
The result of these powerful forces resulted in the wide gap between the rich and
the poor countries. Major Sources of Economic Growth across Countries.
1. Property rights
2. Regulatory institutions
3. Institutions for macro-economics
4. Stabilization
5. Institutions for social influence
6. Institutions for conflict management
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2. Political Dimension
2. Political Dimension
2. Political Dimension
On the part of the involved parties, informal structures which are considered
binding, bring together world power centers due to common interests.
Example:
Global cities like New York, London, Tokyo, and Singapore are closely connected with one
another than they are to various cities in their own countries.
European Union, United nations, NATO, The World Trade Organization
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3. Cultural Dimension
This refers to the increase in the amount of cultural flows across the globe.
Cultural interconnections are at the foundations of contemporary globalization.
4. Religious Dimension
4. Religious Dimension
4. Religious Dimension
Example:
Bin Ladin understands umma as a single community of believers
professing faith in the one and only God, but at the same time
committed to destroying not only alien invaders but also corrupt
Islamic elites in order to return power to the Muslim masses.
Since one third of the world’s Muslim population lives in non
Islamic countries, the restoration of God’s proper reign must be a
global event. Hence, Al-Qaeda established jihadist cells in various
parts of the world.
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4. Religious Dimension
4. Religious Dimension
5. Preferential option of the poor (In the Theology of the Incarnation- Christ God
became poor for us so as to enrich us by his poverty. The poor are susceptible
to the effects of environmental irresponsibility because they live in countries
where cheap building materials and cheap labor are readily available. They
regularly work in farming, fishing, and forestry, areas which suffer
environmental damage).
6. Subsidiary (The Catholic Church teaches that decisions should be made at the
lowest level in order to achieve the common good.
7. Justice
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4. Religious Dimension
5. Ideological Dimensions
5. Ideological Dimensions
5. Ideological Dimensions
5. Ideological Dimensions
5. Ideological Dimensions
5. Ideological Dimensions
5. Ideological Dimensions
5. Ideological Dimensions