Unit I Introduction To Globalization
Unit I Introduction To Globalization
INTRODUCTION TO GLOBALIZATION
Overview
This unit is designed to inform you about the increasing awareness of people's
interconnectedness and places around the globe, which was the result of economic and socio-
political integration among different countries, and advances in technology and other facets that
have allowed people to experience living in a borderless world. As such, this unit examines the
multifaceted phenomenon of globalization thru the lenses of various disciplines.
Learning Objectives
At the end of the unit, I am able to:
1. differentiate the competing conceptions of globalization;
2. identify the underlying philosophies of the varying definitions of globalization;
and
3. agree on a working definition of globalization for the course.
Setting Up
Name: _____________________________________________________ Date: ____________________
Course/Year/Section: ___________________________________
Directions: Make a concept map of your current knowledge about Globalization. Include all your
ideas and information that is relevant to the globalization. Write it in a separate sheet of paper.
Lesson Proper
Defining Globalization
According to Al-Rodhan (2006), Globalization is not a single concept that can be defined and
encompassed within a set time frame, nor is it a process that can be defined clearly with a
beginning and an end. It is because Globalization involves economic and political integration; global
policies; knowledge transmission, cultural stability; the reproduction, relations, and discourses of
power; it is a universal process, a concept, a revolution, and "an establishment of the worldwide
market free from sociopolitical control. The study says that some people believe that Globalization
brought progress, development, and stability. According to Larsson (2001), Globalization is the
process of world shrinkage, distances getting shorter, and things moving closer. It pertains to the
increasing ease with which somebody on one side of the world can interact, to mutual benefit, with
somebody on the other side of the world. However, others believe that Globalization brought
regression, colonialism, and destabilization. These beliefs are actually supported by Martin Khor,
the president of the third world network in Malaysia, who stated that Globalization is a form of
colonization. Hence, Globalization can be defined as narrow and exclusive, or broad and inclusive.
METAPHORS OF GLOBALIZATION
1. Solid- it refers to the barriers that may prevent free movement and it can be natural or man-
made. It may also refer to people, things, information, and places “harden
“over time and therefore have limited mobility.
2. Liquidity- It refers to increasing ease of movement of people, things, information, and places
in the global age.
Characteristics:
I. Liquid is forever ready to change whatever shape it might take on momentarily and
it is in continuous flux. This scenario can be seen in global finance by which an
economy has never been stable at it changes from time to time
II. Liquid is difficult to stop once it is on the move such as the advances in technology.
III. Liquid tends to melt whatever stands in its path such as the political and economic
barriers.
3. Flows- It refers to the movement of people, things, ideas, and culture across the globe due to
the advances in technology, economic and political integration, and establishment of global
policies that lessens and eliminates the existing borders.
THEORIES OF GLOBALIZATION
1. World System Theory: this theory believes that capitalism has spread around the world for the
last five centuries from 1500 to the present. In world Capitalism, the key structure is the three
major division of labor of each country that has created hierarchy.
a. Core: powerful, wealthy, and industrialized countries that usually control and benefit
from the global market. Countries that are not as rich as the core countries usually
depend on these core countries. These countries own most of the world’s capital and
technology and have great control over world trade and economic agreements.
b. Peripheral: countries that are dependent on core countries for capital and have an
underdeveloped industry. They generally provide labor and materials to core countries.
c. Semi-Peripheral: Countries that share characteristics of both core and periphery
countries. However, they also exploit peripheral countries just as core exploits the
natural resources of peripheral countries.
2. World Polity Theory: It was developed as an analytical frame for interpreting global relations,
structures, and practices. Invoking an image of the world as a system of interrelated
interdependent units. It views the world system as a social system with a cultural framework
called world polity, which encompasses and influences the actors, such as nations, international
organizations, and individuals under it.
3. World Culture Theory: It is a label for a particular interpretation of globalization that focuses
on the way in which participants in the process become conscious of and give meaning to living
in the world as a single place.
Impact of Globalization
The term "globalization" refers to the increasing interconnectedness and interdependence of peoples
and countries, the world's economies, and cultures as a result of cross-border commerce in products
and services, technology, and movements of investment, individuals, and data.
It is also a term used to describe the potential that arises as a result of the people or factors
supporting certain growth in a country. In summary, broad and inclusive globalization allows everyone
to engage in management in such a manner that a country's perspectives or goals are represented in its
policies. Globalization, in this sense, is simply another name for internationalization. Importantly,
economic activity serves as both the fuel and the furnace for cross-border cooperation. Where the
advantages of broad and inclusive globalization are equal opportunities for everyone, secure
opportunities for everyone, growth for countries, and the development of the nation.