TCW LECT 1

• Globalization cannot be defined clearly in one term or one definition. It’s definition can be different depending on the field, situation, or events (Al-Rodhan,2006).
• The meaning of globalization may reflect one's point of view, may it be political, cultural, historical and others.
• In a journal, Steger (2005) said that the term globalization should be confined to a set of complex, sometimes contradictory, social processes that are changing our current social condition based on the modern system of independent nation-states.
• Globalization includes economic integration; the transfer of policies across borders; the transmission of knowledge; cultural stability; the reproduction, relations, and discourses of power; it is a global process, a concept, a revolution, and an establishment of the global market free from socio-political control.
• Globalization refers integration and   cooperation, development, progress, integration and   cooperation, colonialism, regression, and destabilization.
• An individual's political ideology, geographic location, social status, cultural background, and ethnic and religious affiliation also provide a background that determines globalization.
• Martin Khor, in 1995, referred to globalization as colonization.
• Swedish journalist Thomas Larsson, in his book The Race to the Top: The Real Story of Globalization (2001), said that globalization make the world shrink with distances getting shorter and things moving closer.
• David Harvey in his book The Condition of Post-Modernity (1989) where he stated that globalization is the compression of time and space.
• Kenichi Ohmae in his book The Borderless World: Power and Strategy in the Global Marketplace (1992) said that globalization is the onset of a borderless world.
• With globalization, there is an increasing interconnectedness among the countries around the world. There is diffusion of values, beliefs, practices and technology. There is continuous exchange of goods and services.
• The process of world shrinkage (Larsson, 2001)
• Compression of time and space (Harvey, 1989)
• It is what we in the Third World have for several centuries called colonization. (Khor, 1995)
• The onset of borderless world. (Ohmae, 1992)
• Absolute Distance, there is an exact measure for distance (km, m, ft,)
• Relative Distance, estimation of time, fare, landmark; no exact measurement.
• glovalization is inevitable