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Defining-Globalization

The document defines globalization as a process of world shrinkage and integration of economies, finance, and communications, with varying perspectives on its implications. It discusses three theories of globalization: World-Economy Theory, Regional Bloc Theory, and Third Way Theory, each presenting different views on the impact of globalization. Additionally, it uses metaphors of solidity and liquidity to illustrate barriers and the ease of movement in the contemporary world.

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Gessica Mae Bandajon
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13 views13 pages

Defining-Globalization

The document defines globalization as a process of world shrinkage and integration of economies, finance, and communications, with varying perspectives on its implications. It discusses three theories of globalization: World-Economy Theory, Regional Bloc Theory, and Third Way Theory, each presenting different views on the impact of globalization. Additionally, it uses metaphors of solidity and liquidity to illustrate barriers and the ease of movement in the contemporary world.

Uploaded by

Gessica Mae Bandajon
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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DEFINING

GLOBALIZATION
GE CW Contemporary World
Mark Andrew D. Bacordo, RL, MLIS
Instructor II
OBJECTIVES:
• Differentiate the competing concepts of globalization;
• Identify the underlying philosophies of the varying
definitions of globalization; and
• Agree on a working definition of globalization for the
course.
GLOBALIZATION
GLOBALIZATION
✓The process of world shrinkage, of distances
getting shorter, 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
(Larsson, 2001).
✓As stressed by Martin Khor, the former president
of Third World Network (TWN) in Malaysia, he
saw globalization as colonization.
GLOBALIZATION
✓A global movement towards integration of the
economy, finance, commerce, and
communications.
✓A word that evokes images of a world where
goods, services, capital, and information flow
across seamless national borders and/; the
newest buzzword in the popular.
GLOBALIZATION
✓Economic distinctions, creating a “borderless
world” in decision making without reference to
national boundaries.
✓Geographic obstacles to social and cultural
importance and where people are becoming
increasingly aware that they lose significance
(Water, 1995).
GLOBALIZATION
✓Ritzer (2015) define globalization as a
transplanetary process or a set of process
involving increasing liquidity and the growing
multidirectional flows of people, objects, places
and information as well as the structures they
encounter and create that are barriers to, or
expedite, those flows… (p.2).
THREE THEORIES OF GLOBALIZATION
The World-Economy Theory The Regional Bloc Theory The Third Way Theory
(Hyperglobalisationism) (Global Scepticism) (Transformationalism)
✓ The Process by which ✓ Disagree strongly with ✓ Seeks to find a relationship
capitalist world-system hyperglobalists between economic processes
spreads across the entire ✓ Single world market exists occurring at the global and
world. ✓ The growing local scales.
✓ The global marketplace has internationalization of trade ✓ Known as transformationalism
become so advanced and and investment is the growth view because it looks for
integrated that the nation- of regional economic blocs ways of transforming the
state is becoming obsolete (e.g., European Union) powers of the nation-state to
✓ World-economy comprises of ✓ It is not a reality, but a cope with pressures of
a single world market, and a strategy to extend capitalism: globalization.
single, mobile, labor force. violent protests against ✓ Linked to political agenda
globalization occur. (especially Europe).
✓ Think globally, act locally.
METAPHORS OF GLOBALIZATION
➢Solid and Liquid
▪Solidity refers to barriers that prevent or make difficult
the movement of things. Furthermore, solids can
either be natural or man-made.
▪Liquid, as a state of matter, takes the shapes of its
container. Moreover, liquids are not fixed.
▪Liquidity refers to the increasing ease of movement of
people, things, information, and places in the
contemporary world.
METAPHORS OF GLOBALIZATION
➢FLOWS are the movement of people, things, places,
and information brought by the growing “porosity” of
global limitations (Ritzer, 2015).
➢Think of different music and stars being patronized,
idolized and listened by the Filipinos. The case of K-
Pop, Korean actors and K Dramas.
➢Poor illegal migrants flooding many parts of the world
(Moses, 2006), the virtual flow of legal and illegal
information such as blogs and child pornography.
REFERENCES
Aldama, P. K. R. (2018). The contemporary world (1st ed.). Rex Book Store.
Lobo, J. L., Ambida, M. N., Maliban, N. P., Mesinas, M. M. (2019). The contemporary world.
Books Atbp. Publishing Corp.
Thank you
very much!

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