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Globalization-1

Globalization is defined as the increasing interconnection of people, businesses, and governments globally, impacting various domains such as economics, culture, and technology. It encompasses different types including economic, financial, cultural, political, sociological, technological, geographic, and ecological globalization, each with distinct characteristics and examples. The document also discusses the metaphors of solid and liquid globalization, highlighting the balance between barriers to movement and the ease of global interaction, alongside the theories of homogeneity and heterogeneity in cultural and economic practices.

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4 views

Globalization-1

Globalization is defined as the increasing interconnection of people, businesses, and governments globally, impacting various domains such as economics, culture, and technology. It encompasses different types including economic, financial, cultural, political, sociological, technological, geographic, and ecological globalization, each with distinct characteristics and examples. The document also discusses the metaphors of solid and liquid globalization, highlighting the balance between barriers to movement and the ease of global interaction, alongside the theories of homogeneity and heterogeneity in cultural and economic practices.

Uploaded by

raivinlukelumelay02
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Globalization Reviewer 1

Definition of Globalization

The increasing interconnection of people, businesses, and governments across the world.
While commonly viewed as an economic and financial phenomenon, globalization also affects
culture, politics, technology, society, and the environment.

Concept Map of Globalization

Types of Globalization:

1.Economic Globalization

•Development of trade systems among transnational corporations and NGOs.


Example: Global trade agreements (e.g., WTO, ASEAN Free Trade Area).

2.Financial Globalization

•The rise of a global financial system with international monetary exchanges.


Example: Stock market fluctuations impacting economies worldwide.

3.Cultural Globalization

•The blending and adoption of cultural practices worldwide.


Example: Western fast food chains in Asia, global popularity of K-pop.

4.Political Globalization

•The increasing influence of international organizations.


Example: UN, WHO, and NGOs like Doctors Without Borders.

5.Sociological Globalization

•The movement of people and the integration of different societies.


Example: Migration and cultural exchanges through travel and social media.

6.Technological Globalization

•The rapid spread of digital technology and communication.


Example: The internet, social media, and digital platforms.

7.Geographic Globalization
•The reorganization of regional and global spaces due to increased mobility.
Example: Affordable air travel, reduced visa restrictions.

8.Ecological Globalization

The view of the planet as a shared entity requiring collective environmental protection.
Example: Global climate change affecting all nations.

Globalization Metaphors: Solid vs. Liquid

Solid Globalization (Barriers to Movement)

•Obstacles that prevent easy movement of people, goods, and ideas.

Examples:
•Natural barriers: Mountains, rivers, oceans.
Man-made barriers:
•The Great Wall of China
•The Berlin Wall
•The Nine-Dash Line (South China Sea dispute affecting Filipino fishers).

Liquid Globalization (Ease of Movement)

•Fast and fluid movement of people, goods, and information.

•Concept from Zygmunt Bauman’s "Global Liquidity."

Examples:

1.Global Finance: Stock market changes happen in seconds.


2.Social Media: Viral videos spread uncontrollably.
3.Internet Connectivity: Instant access to information worldwide.

Interaction Between Solidity and Liquidity

•While globalization has solid barriers, it is more defined by its liquidity, enabling rapid global
interaction.

Theories of Globalization

Homogeneity vs. Heterogeneity


•Globalization can lead to either sameness (homogeneity) or diversity (heterogeneity).

Homogeneity (Sameness in Global Culture, Economy, and Politics)

•Nations adopt similar cultural, economic, and political practices.


Examples:
•Cultural Imperialism:
Colonization introduced dominant cultures (e.g., Spain brought Christianity to the Philippines).
•Economic Dependence:
Developing nations rely on imports from wealthier countries.
Economic crises in multinational corporations affect smaller economies.

Heterogeneity (Diversity and Cultural Distinction)

•Globalization does not erase differences but instead promotes interactions that highlight
uniqueness.

Examples:
•Cultural Hybridization:
Fusion of traditional and modern cultural elements (e.g., Filipino telenovelas influenced by
Korean drama).

•Localized Economic Strategies:


Countries implementing trade policies to protect local businesses.

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