Introduction to Globalization
Introduction to Globalization
INTRODUCTION TO
GLOBALIZATION
MARIA LEONOR EUNA L. REGASPI
Instructor I
Differentiate the competing definitions of
globalization
The goal is not simply to tell you about what is "out there," but also to
expose you to the ideas that allow you to make sense of that "out there."
ACTIVITY: WORD ASSOCIATION
DEFINING
GLOBALIZATION
According to Manfred Steger, globalization
is "the expansion and intensification of
social relations and consciousness across
world-time and across world-space."
Although they intersect, these various scapes have differing logics. They are thus
distinct windows into the broader phenomenon of globalization.
Relevant Concepts:
Economic Globalization:
Global trade, the movement of goods, services, and capital across borders
Free market capitalism and international financial systems (e.g., IMF, World
Bank)
Impact of multinational corporations (e.g., Apple, McDonald's)
Cultural Globalization:
Spread of cultural products, ideas, and practices globally, e.g. Hollywood
movies, K-pop, and international food chains
The phenomenon of "cultural hybridization" or blending of cultures.
Political Globalization:
Influence of international organizations (e.g., United Nations, World Trade
Organization)
Political ideas and norms spreading globally (e.g., democracy, human rights)
Relevant Concepts:
Social Globalization:
Global migration, travel, and social networks
The rise of global social movements (e.g., climate change activism)
Technological Globalization:
The role of the internet and digital communication in connecting people and
information
The rise of digital economies (e.g., e-commerce, online education)
Historical Context
of Globalization
Globalization, as we understand it today, is a process that has
evolved over centuries, shaped by key historical events,
technological advancements, and economic transformations.
Early Globalization: Trade routes (Silk Road, Age of
Exploration) and the spread of ideas
Post-War Era: The rise of international institutions (e.g.,
United Nations, IMF) and the Bretton Woods system (1944)
Late 20th Century: The impact of the digital revolution, the
fall of the Berlin Wall, and the liberalization of economies
(1990s)
21st Century: The growth of China and India in the global
market, digital economies, and challenges like climate
change
Pre-Modern Globalization: Early
Trade and Exploration
Technological Advances:
The Industrial Revolution (starting in the late 18th century in Britain) marked a critical turning
point in globalization. New technologies like the steam engine, telegraph, and later the
railroad dramatically reduced transportation and communication costs.
These innovations allowed for the faster movement of goods and people across borders and
helped lay the foundation for global trade and economic interdependence.
Globalization's Challenges:
While globalization has fostered economic growth, it has also led to inequality, environmental
degradation, and cultural homogenization. Critics argue that globalization benefits the wealthiest
nations and corporations while exploiting workers and resources in developing countries.
Globalization is a multifaceted and ongoing
process that has shaped and continues to
shape the modern world in profound ways. It
has brought about unprecedented economic
growth, technological advancements, and
cultural exchanges that have connected people
across borders like never before.
References globalization.
https://www.weforum.org/stories/2019/01/how-
globalization-4-0-fits-into-the-history-of-
globalization/