Global Networks and Globalization

• Global networks


  A set of units manifesting certain ties or relationships that exists and operates beyond territorial borders of a particular country
• Global networks

  • Made up of dynamic and flexible types of connection between individuals, groups or organizations that crisscross the world
• Other types of global networks

  • Business, trading & commercial
  • Friendship
  • Policy
  • Professional
  • Information
  • Religious
  • Migrant
  • Imperial
  • Terrorist
  • Advocacy
  • Women
• Globalization


  The process in which the economies of different countries around the world become increasingly assimilated over time
• Globalization


  • An action that occur across political and cultural boundaries which creates intensive and extensive interconnections and development between a range of institutions and actors
• Elements of globalization


  • Privatization
  • Deregulation
  • Liberalization
• Types of globalization


  • Economic
  • Cultural
  • Political
• Globalization provides an increase in the level of global output
• Globalization brings the best technology and other forms of intellectual capital to countries that cannot produce it
• Effect of globalization

  International capital flows can transfer savings from countries where the marginal product of capital is low to those where it is high
• Globalization influences the distribution and levels of income
• Major Types of Global Networks

  • Technical
  • Interpersonal
• Technical is adopted from telecommunication system that utilizes satellites, wireless technologies
• Interpersonal is cross border groups like migrants, social workers involved in advocacy, professional discussion, and debating new ideas and discoveries
• Liberalization is an element of globalization that refers to the policy wherein laws about restrictive importation of products are modified or totally abolished.
• privatization is an element of globalization pertains to policies of government in which the government transfer public corporations and sell them the control of private sectors
• Deregulation is an element of globalization pertains to streamlining the government's control to basic commodities
• Economic is a type of globalization that is concerned to the movement of economic resources from one country to another
• Political is a type of globalization in which member-state remained sovereign but are required to perform obligations and follow commitment they have signed in organizations they joined
• Cultural is a type of globalization which pertains to the cultures from country to country are commodified by various mediums such as literary works