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TABLE OF CONTENT
11.
Meaning of Globalization
22.
Abstract
33.
Types of Globalization
44.
Public opinion on globalization
55. Reference
Meaning of Globalization: This is refers
to the free movement of goods, capital, services, people, technology and
information. It is the action or procedure of international integration of
countries arising from the convergence of world views,
products, ideas, and other aspects of culture.[1]
Advances in the means of transport (such as the steam
locomotive, steamship, jet engine, and container
ships) and in telecommunications
infrastructure (including the rise of the telegraph
and its modern offspring, the Internet and mobile phones)
have been major factors in globalization, generating further interdependence
of economic
and cultural activities.
Though many scholars place the origins of globalization in modern times,
others trace its history long before the European
Age of Discovery and voyages to the New World,
some even to the third millennium BC. Large-scale globalization began in the
1820s. In the late 19th century and early 20th century, the connectivity of the
world's economies and cultures grew very quickly. The term globalization
is recent, only establishing its current meaning in the 1970s.
In 2000, the International Monetary Fund (IMF)
identified four basic aspects of globalization: trade and transactions, capital and investment
movements, migration and movement of people, and the
dissemination of knowledge. Further, environmental challenges such as global
warming, cross-boundary water
and air pollution,
and overfishing
of the ocean are linked with globalization. Globalizing processes affect and
are affected by business and work organization, economics, socio-cultural resources, and
the natural environment. Academic literature
commonly subdivides globalization into three major areas: economic globalization, cultural globalization, and political globalization.
Abstract
The question
whether the Globalization is beneficial for the World or harmful, is still
unsolved and very controversial. Besides all of its disadvantages, it is an accepted
reality that globalization is expanding very
rapidly
throughout the world. This paper is an attempt to find out what is
the true
sense of Globalization? How it is affecting the International Trade,
FDI, and
Economic Developments of overall word? This paper is mainly
focusing
on measuring how the Globalization is affecting the fastest growing industries
of World.
Types of Globalization
Cultural
globalization
Cultural
globalization refers to the transmission of ideas, meanings, and values around
the world in such a way as to extend and intensify social relations. This
process is marked by the common consumption of cultures that have been diffused
by the Internet, popular culture
media, and international travel. This has added to processes of commodity
exchange and colonization which have a longer history of carrying cultural
meaning around the globe. The circulation of cultures enables individuals to
partake in extended social relations that cross national and regional borders.
The creation and expansion of such social relations is not merely observed on a
material level. Cultural globalization involves the formation of shared norms
and knowledge with which people associate their individual and collective
cultural identities. It brings increasing interconnectedness among different
populations and cultures.
Cross-cultural communication is a field of study that looks at how people from differing
cultural backgrounds communicate, in similar and different ways among
themselves, and how they endeavour to communicate across cultures. Intercultural communication is a related field of study.
Cultural diffusion
is the spread of cultural
items—such as ideas, styles,
religions, technologies,
languages
etc. Cultural globalization has increased cross-cultural contacts, but may be
accompanied by a decrease in the uniqueness of once-isolated communities. For
example, sushi is available in Germany as well as Japan, but Euro-Disney outdraws the city of Paris, potentially reducing demand for
"authentic" French pastry. Globalization's contribution to the
alienation of individuals from their traditions may be modest compared to the
impact of modernity itself, as
alleged
by existentialists
such as Jean-Paul Sartre
and Albert Camus.
Globalization has expanded recreational opportunities by spreading pop culture,
particularly via the Internet and satellite television.
Religions
were among the earliest cultural elements to globalize, being spread by force,
migration, evangelists,
imperialists, and traders. Christianity, Islam,
Buddhism, and more recently sects such as Mormonism are among those religions which have taken root and
influenced endemic cultures in places far from their origins.
Globalization
has strongly influenced sports.
For example, the modern Olympic
Games has athletes from more than 200 nations participating in a variety
of competitions. The FIFA
World Cup is the most widely viewed and
followed sporting event in the world, exceeding even the Olympic Games; a ninth
of the entire population of the planet watched the 2006 FIFA World Cup Final.
The
term globalization implies transformation. Cultural practices including
traditional music can be lost or turned into a fusion of traditions.
Globalization can trigger a state of emergency for the preservation of musical
heritage. Archivists may attempt to collect, record, or transcribe repertoires
before melodies are assimilated or modified, while local musicians may struggle
for authenticity
and to preserve local musical traditions. Globalization can lead performers to
discard traditional instruments. Fusion genres can become interesting fields of
analysis.
Music
has an important role in economic and cultural development during
globalization. Music genres such as jazz and reggae
began locally and later became international phenomena. Globalization gave
support to the world music
phenomenon by allowing music from developing countries to reach broader
audiences. Though the term "World Music" was originally intended for
ethnic-specific music, globalization is now expanding its scope such that the
term often includes hybrid subgenres such as "world fusion",
"global fusion", "ethnic fusion", and world
beats .
Political
globalization
In
general, globalization may ultimately reduce the importance of nation states. Supranational institutions such as the European Union, the WTO, the G8 or the International
Criminal Court
replace or extend national functions to facilitate international agreement.
Intergovernmentalism is a term in political science with two meanings. The first refers to a theory of regional
integration originally proposed by Stanley Hoffmann; the second treats states and the national government as
the primary factors for integration. Multi-level
governance is an
approach in political science and public
administration theory
that originated from studies on European integration. Multi-level governance gives
expression to the idea that there are many interacting authority structures at
work in the emergent global political economy. It illuminates the intimate
entanglement between the domestic and international levels of authority.
Some
people are citizens of multiple nation-states. Multiple citizenship, also called dual citizenship or
multiple nationality or dual nationality, is a person's citizenship status, in which a person is concurrently regarded as a
citizen of more than one state under the laws of those states.
Increasingly,
non-governmental
organizations
influence public policy across national boundaries, including humanitarian aid and developmental
efforts.
Philanthropic organizations with global missions are also coming to the
forefront of humanitarian efforts; charities such as the Bill
and Melinda Gates Foundation, Accion International, the Acumen Fund (now Acumen) and the Echoing Green have combined the business model with philanthropy, giving rise to business organizations such as the Global Philanthropy
Group and new
associations of philanthropists such as the Global Philanthropy
Forum. The Bill
and Melinda Gates Foundation projects include a current multibillion-dollar
commitment to funding immunizations in some of the world's more impoverished
but rapidly growing countries. and hundreds of millions of dollars in the next
few years to programs aimed at encouraging saving by the world's poor. The Hudson Institute estimates total private philanthropic flows to developing
countries at US$59 billion in 2010.
As a
response to globalization, some countries have embraced isolationist policies. For example, the North Korean government makes it very difficult for foreigners to enter
the country and strictly monitors their activities when they do. Aid workers
are subject to considerable scrutiny and excluded from places and regions the
government does not wish them to enter. Citizens cannot freely leave the
country.
Democratic globalization is a movement towards an
institutional system of global democracy that would give world citizens a say in political
organizations. This would, in their view, bypass nation-states, corporate
oligopolies, ideological Non-governmental organizations (NGO),
political cults and mafias. One of its most prolific proponents is the British
political thinker David Held. Advocates of democratic globalization argue that
economic expansion and development should be the first phase of democratic
globalization, which is to be followed by a phase of building global political institutions.
Dr. Francesco Stipo, Director of the United States
Association of the Club of Rome, advocates unifying nations under
a world government, suggesting that it
"should reflect the political and economic balances of world nations. A
world confederation would not supersede the authority of the State governments
but rather complement it, as both the States and the world authority would have
power within their sphere of competence".Former Canadian
Senator Douglas Roche, O.C.,
viewed globalization as inevitable and advocated creating institutions such as
a directly elected United Nations Parliamentary Assembly
to exercise oversight over unelected international bodies.
Public opinion on globalization
A 2005 study by Peer Fiss and
Paul Hirsch found a large increase in articles negative towards globalization
in the years prior. In 1998, negative articles outpaced positive articles by
two to one. The number of newspaper articles showing negative framing rose from
about 10% of the total in 1991 to 55% of the total in 1999. This increase
occurred during a period when the total number of articles concerning
globalization nearly doubled.
A number of international polls
have shown that residents of Africa and Asia tend to view globalization more
favorably than residents of Europe or North America. In Africa, a Gallup poll
found that 70% of the population views globalization favorably. The BBC found
that 50% of people believed that economic globalization was proceeding too
rapidly, while 35% believed it was proceeding too slowly.
In 2004, Philip Gordon stated
that "a clear majority of Europeans believe that globalization can enrich
their lives, while believing the European Union can help them take advantage of
globalization's benefits while shielding them from its negative effects."
The main opposition consisted of socialists, environmental groups, and
nationalists. Residents of
the EU did not appear to feel
threatened by globalization in 2004. The EU job market was more stable and
workers were less likely to accept wage/benefit cuts. Social spending was much
higher than in the US. In a Danish poll in 2007, 76% responded that globalization
is a good thing.
Fiss, et al., surveyed US
opinion in 1993. Their survey showed that, in 1993, more than 40% of
respondents were unfamiliar with the concept of globalization. When the survey
was repeated in 1998, 89% of the respondents had a polarized view of
globalization as being either good or bad. At the same time, discourse on
globalization, which began in the financial community before shifting to a
heated debate between proponents and disenchanted students and workers.
Polarization increased dramatically after the establishment of the WTO in 1995;
this event and subsequent protests led to a large-scale anti-globalization
movement. Initially, college educated workers were likely to support
globalization. Less educated workers, who were more likely to compete with
immigrants and workers in developing countries, tended to be opponents. The
situation changed after the financial crisis of 2007. According to a
1997 poll 58% of college graduates said globalization had been good for the US.
By 2008 only 33% thought it was good. Respondents with high school education
also became more opposed.
According to Takenaka Heizo and
Chida Ryokichi, as of 1998 there was a perception in Japan that the economy was
"Small and Frail". However, Japan was resource-poor and used exports
to pay for its raw materials. Anxiety over their position caused terms such as internationalization and globalization
to enter everyday language. However, Japanese tradition was to be as
self-sufficient as possible, particularly in agriculture.
Many in developing countries see
globalization as a positive force that lifts them out of poverty. Those opposing
globalization typically combine environmental concerns with nationalism.
Opponents consider governments as agents of neo-colonialism
that are subservient to multinational corporations. Much of this
criticism comes from the middle class; the Brookings Institution suggested this was
because the middle class perceived upwardly mobile low-income groups as
threatening to their economic security.
References
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(1990). Globalization, Knowledge and Society London: Sage. ISBN 9780803983236
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· · Stever, H.
Guyford (1972). "Science, Systems, and Society". Journal of
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· · Frank, Andre Gunder.
(1998). ReOrient: Global economy in the Asian age. Berkeley: University
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· · H., O'Rourke,
Kevin; G., Williamson, Jeffrey (2002-04-01). From=fulltext
"When did globalisation begin?" Check |url= value (help).
European Review of Economic History. 6 (1): 23–50. ISSN 1361-4916. doi:10.1017/S1361491602000023.
· · James, Paul; Steger,
Manfred B. (2014). "A
Genealogy of globalization: The career of a concept". Globalizations. 11 (4): 417–34. doi:10.1080/14747731.2014.951186.
· · International
Monetary Fund . (2000). "Globalization: Threats or Opportunity." 12
April 2000: IMF Publications.
· · Bridges, G.
(2002). "Grounding Globalization: The Prospects and Perils of Linking
Economic Processes of Globalization to Environmental Outcomes". Economic
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· · Salvatore Babones
(15 April 2008). "Studying Globalization: Methodological Issues". In
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Blackwell Companion to Globalization.
John Wiley & Sons. p. 146. ISBN 978-0-470-76642-2.
· · "The
Battle of Armageddon, October 1897 pp. 365–70". Pastor-russell.com. Retrieved 31 July 2010.
· · Feder, Barnaby J.
(6 July 2006). "Theodore
Levitt, 81, Who Coined the Term 'Globalization', Is Dead". Retrieved 23 April 2014.
· · Hopkins, A.G. (ed.).
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· · Bakari, Mohamed
El-Kamel. "Globalization and Sustainable Development: False Twins?".
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· · Al-Rodhan, R.F.
Nayef and GĂ©rard Stoudmann. (2006). Definitions
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