Globalization

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Category: World History

Date Submitted: 06/15/2010 05:01 AM

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Globalisation

Internationalization:

• Economical, political, money and culture exchanges with flows of people and information

• Process of development of trade financial flows, migrations, which links the different parts of the world

• Dependencies created between countries

Consequences:

Inequalities between North and South

Creation of a global culture thanks to tourism and migration

Globalization

Over the last 15years, the rate of globalization and intensity has increased dramatically. The world in which we live is being seen as ever more global in character. (Increased movement of goods, services, capital, people and information)

• Intensification of global interconnectedness associated with the spread of capitalism as a production ad market system

• A world in which societies, cultures, politics and economies have, in some sense come closer together.

Yet there is a lot of controversy about the consequences of globalisation. Global tendencies are uneven both spatially and socially. Impacts vary from region to region and from group to group.

The world is shrinking due to

• Faster and more efficient transport

• Better communication: we hear about what is happening in the world more quickly than before (cable and satellite tv); the global web

• The development of global corporations and global marketing activities

• Emergence of financial market associated with a dramatic acceleration in the speed of financial flows

The two viewpoints concerning globalisation and development

• Places around the world are becoming similar. The world will become progressively more americanised. Globalisation is seen as the outward flow of Western know-how, capital and culture to the rest of the world. Poor countries will this benefit from carefully managed globalisation.

• Globalisation is seen as a process if uneven development with spatial inequalities. Trade globalisation favours the appearance of...