Paper On Globalisation And Globalization

The term globalization is very familiar worldwide and is being used frequently during oral and written communication. So, it is a buzzword. But what it really signifies is required to be clearly understood. The origin of the word globalization is globe. We know the word globe means model of the earth composite body that contains valuable animate and inanimate objects with multi-configuration in a space called universe. Human being is one of the superior animate objects. We, as the human being of the earth made our global efforts to globalize the various activities to satisfy the needs and wants. The process by means of which our activities are integrated and created interdependence globally is called globalization. Therefore, globalization can be defined as the on-going economic, technological, social and political integration of the world. Through the process of globalization the economic, cultural, social, political, and environmental interdependence level has been increasing day by day over the vast distances. However, the vast distances with the advent of science and technology have

Globalization in one of the main driving forces within today 's modern world. It is the historical process and transformational development in the global arena, where growth and establishment of global connections in the international community continues to evolve. It is a widely used phrase, that in different contexts can be used as both the cause and effect of many different things. It is commonly used, since the fall of communism, to refer to a single world economy, where international trade and commerce is borderless. Additionally it can be employed to define the growing integration of the international capitalist system in the post-war period. Economic globalization specifically is defined as the transnational increase in trade and capital transfers across national boundaries. Economic globalisation today, is a complex beast. The intricate system relies upon the interconnected expansion of cooperation between; Transnational Corporations (TNCs), Nation States, Non-Governmental Organizations (NGO) and more. The theory of globalism, that there is a growing collective awareness of the world as a shared social space, and the advancement of the global political arena where; the politics of international social relations are used in the pursuit of power, national

1). Choose a current issue as it relates to any one topic we have covered over the course of the semester to explore cross-cultural variations in culture change as it relates to globalization. What is your issue? How does this issue relate to any one topic we have covered over the course of the semester?

The affairs around Globalization are not new to the study of World Politics. Although Globalization is not a new phenomenon and historians, anthropologists and economists can agree that Globalization is not a new phenomenon there are little to no agreements to the origin of Globalization and when it started. The definition of Globalization from the Mirriam-Webster dictionary defines Globalization as “the act or process of globalizing : the state of being globalized; especially: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets”. With taking the Miriam-Webster definition into account while looking into influential theories that

Globalization is a concept with a variety of meanings making it quite confusing. The concept includes a wide variety of events as well as aspects of personal and social life. However, some scholars have attempted to offer some definitions of this concept: It has been defined as the increasing unification in the economic order of the world via the reduction of barriers to free international trade like tariffs, import quotas, and export fees. Globalization describes the process in which regional economies, cultures, and societies have become integrated via transportation, communication, and trade (Croucher 10). It is closely associated with economic globalization, which is “the process by which markets and production in different countries

Apart from complicated definitions of the term "globalization", the matter requires focusing on a simple explanation of this concept. Indeed, globalization is recognized as an ongoing process that accompanies with it, noticeably, certain challenges, such as a wide range of integrated communities, regional economics, and cultures, through a wide range of communication and trading.

Despite number of analytical work, publication on globalization the subject remain unspecifiable or rather should say ill-defined regarding concept, history, and economic, cultural and political involvement (Scholte 2005). Yet theorists, researchers try to describe the term or the phenomena as simply as possible. There are two ways the word “globalization” can be used again adding more to the confusion. It can be used in a positive way describing a process into the global economy and another in a systematic way prescribing a know-how of progress founded on rapid integration with the global economy. Trade, investment and finance at the international level are the three economic expositions of the phenomenon. It is about development of economic activities not within but beyond national borders. It can simply be described as a process which has association with growing free economy, interdependency based on economy and thickening economic integration in the world economy. (Nayyar 2006).

Globalization is an irreversible tendency which implement an integration of economy, politics, culture and technology regardless of the restrictions of time zones (distance) and national-border (space). International political-economic structure has been changed through globalization, as more countries with higher level of comprehensive national strength occupied leading positions. Providing opportunities for individual countries to pursue its own national interests in a broader market is of the essence of globalization.

Globalization has a history going all the way back to the first movement of people outside of Africa into other parts of the world. Before researching the topic of globalization I had the assumption that it was a fairly new phenomenon, but after doing research it was extremely interesting learning about the origins dating all the way back. Globalization has many elements associated with the process. “Globalization can be considered a process: a lengthy and often times convoluted process in which movement in one direction or the other is estimated by porous boundaries, shifting alliances, and seemingly contradictory patterns. The major elements of globalization - the impact of trade agreements; the fetters on cross- border capital movements; the effects of migration patterns; the accessibility and transparency of information; and the spread of technology – ebb and flow from the vicissitudes of political, cultural, and economic conditions.” ("BERA: Issue 1 Globalization (Business Reference Services, Library of Congress)," n.d.).

It’s hard to describe globalization without getting confused because of some contradictory descriptions. When we talk about globalization we gather that a social process that constraints the geography on economic and political as well as social and cultural arrangements recede can become increasingly aware that there can be receding in the minds of an individual. One cannot support a single theory on globalization it takes several theories to be able to explain the international trade.

Globalization is the process whereby which there is integration and interaction amongst people, organizations, companies and governments of different countries. The process of globalization started a long time ago with the initiation of foreign trade with different countries. In recent years due to great advancement in technology, effective communication and better relations Globalization is a very common aspects of businesses, governments and other social segments of society. The process ‘has’ and ‘is’ effected by the social, cultural, economic and political aspects of different countries around the world. According to Thomas Friedman, globalization today is “farther, faster, cheaper, and deeper.”

The globalization can trigger various reactions if brought up in a conversation. Globalization represents progress, economic growth, and hope for a better future; however, critics point out the greed, exploitation, and corruption of globalization. This diversity of views is possibly due to the fact that globalization is inherently complex and involves different economic and social degrees at various national and global levels. Understanding globalization, therefore, requires one to see how all of these factors interrelate and influence each other. Peter and Robyn have done a wonderful job explaining the Globalization in reference to the environment. Peter Christoff teaches environmental and climate policy in the Department of Resource Management and Geography at the University of Melbourne. Robyn Eckersley teaches global environmental politics and international relations in the School of Social and Political Sciences at the University of Melbourne. There are four main elements Peter and Robyn discuss throughout this book—one planet, many globalizations, Globalization and Overheated Planet, Biodiversity, and Failure of governance.

The word “Globalization” was first coined by Theodore Levitt, a marketing professor, in a 1983 article in the Harvard Business Review, but the concept has long been a factor in the foreign relations of the United States and has deep roots in history. Defined broadly, globalization is the process of integrating nations and peoples—politically, economically, and culturally—into a larger community. Economically, it meant the expansion of trade and investments,

But still, the question of what constitutes globalization, and considering that it is a historical process that is the result of human innovation and technological progress and refers to the increasing integration of economies in the world In particular through trade flows and financial flows. The term also sometimes refers to international transfers of labor or knowledge (labor or technological migrations). Finally, globalization has broader cultural, political and environmental dimensions that are not addressed in this study.

Globalization is the spreading and expanding of goods, technology, people, knowledge and ideas throughout the world. It promotes world-wide connectedness and encourages nations and corporations to work together to benefit each other. Globalization is a relatively new term, but the practice has been around for centuries. The trading of goods occurred in the Ancient World throughout Central Asia, the Middle East and Europe, but certainly not at the speed seen today. The term has gained popularity in recent years due to innovations and developments in technology and the internet making it much easier to interact and trade across the globe. Globalization today is said to be “farther, faster, cheaper, and deeper.”