h4

Cards (25)

  • Globalization
    The process of global integration in which diverse peoples, economics, cultures and political processes are increasingly subjected to international influences
  • Globalization
    • Mobility across borders of goods and services, people, capital and knowledge
    • The speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet
    • Promotes and increases interactions between different regions and populations around the globe
  • Globalization (according to Swiss Journalist Thomas Larson)

    The process of world shrinkage, of distances getting shorter, things moving closer
  • Brief history of globalization
    1. Begun about 60,000 years ago, at the beginning of human history
    2. After the second half of the 20th century, world trades accelerated in such a dimension and speed that the term "globalization" started to be commonly used
  • Globalization trends in the Philippines are evident in the general increase in trade in goods and labor migration
  • Types of globalization
    • Economic globalization
    • Financial globalization
    • Cultural globalization
    • Political globalization
    • Sociological globalization
    • Technological globalization
    • Geographic globalization
    • Ecological globalization
  • Globalization has negative effects on the environment, such as greenhouse gas emissions, global warming or air pollution
  • Migration has enhanced the international migration opportunities of Filipinos, particularly in extending their workplace to a global scale
  • Globalization
    Has a positive effect on the country's economic growth and employment
  • Globalization (according to WHO)

    • The increased interconnectedness and interdependence of peoples and countries
    • The opening of international borders to increasingly fast flows of goods, services, finance, people, and ideas
    • The changes in institutions and policies at national and international levels that facilitate or promote such flows
  • A person is officially living in poverty if he makes less than 100,534 pesos a year, around 275 pesos a day (poverty line or poverty threshold)
  • Effects of economic globalization
    • Environmental degradation
    • Food security
  • Economic globalization has led to poverty and inequity
  • Economic Globalization
    is the development of trade systems within transnational actors such as corporations o NGOs
  • Financial Globalization
    can be linked with the rise of a global financial system with the international financial exchanges and monetary exchanges. Stock markets, for instance, are a great example of the financially connected global world since when one stock market has decline, it affects other markets negatively as well as the economy as a whole
  • Cultural Globalization
    refers to the 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 supra-culture
  • Political Globalization

    the development and growing influence of international organizations such as the UN or WHO means governmental action takes place at an international level. There are other bodies operating a global level such as NGOs like Doctors without borders or Oxfam
  • Sociological Globalization 

    information moves almost in real-time, together with the interconnection and interdependence of events and their consequences. People move all the time too, mixing and integrating different societies
  • Technological Globalization

    the phenomenon by which millions of people are interconnected thanks to the power of the digital world via platforms such as Facebook, Instagram, Skype or YouTube
  • Geographic Globalization
    is the new organization and hierarchy of different regions of the world that is constantly changing. Moreover, with transportation and flying made so easy and affordable, apart from a few countries with demanding visas, it is possible to travel the world without barely any restrictions
  • Ecological Globalization
    accounts for the idea of considering planet Earth as a single global entity - a common good all societies should protect since the weather affects everyone and we are all protected by the same atmosphere. To this regard, it is often said that the poorest countries that have been polluting the least will suffer the most from climate change.
  • Social Development
    is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives
  • Neoliberalism
    is contemporarily used to refer to market-oriented reform policies such as ''eliminating price controls, deregulating capital markets, lowering trade barriers'' and reducing, especially through privatization and austerity, state influence in the economy
  • Global Economy
    Standards of living around the world
  • Swish Journalist Thomas Larson (2001) saw globalization as the “the process of world shrinkage, of distances getting shorter, things moving closer. “