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 secondhalf 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 greenhousegasemissions, globalwarming or airpollution
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
Environmentaldegradation
Food security
Economicglobalization 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. “