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Clo 1 PPT - Globalization

The document discusses various topics related to globalization including definitions, different conceptions, the expansion and intensification of global connections, and key aspects like trade, capital movement, migration, and dissemination of knowledge. Learning outcomes are provided at the start.

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Mila Nacpil
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318 views16 pages

Clo 1 PPT - Globalization

The document discusses various topics related to globalization including definitions, different conceptions, the expansion and intensification of global connections, and key aspects like trade, capital movement, migration, and dissemination of knowledge. Learning outcomes are provided at the start.

Uploaded by

Mila Nacpil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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GLOBALIZATION

Presented by:

GLENDA NACPIL – NAGUIT, PhD.


Learning Outcomes
At the end of the lesson, you should be able
to:
1.Agree on a working definition of
globalization for the course;
2.Differentiate the competing conceptions of
globalizations; and
3.Narrate a personal experience of
globalization.
What is Globalization?
– an economic process which refers to a larger
phenomenon that cannot simply be reduced to the
ways in which global markets have been integrated.
- an integration of National Markets to a wider
global market signified by the increased free trade.
(political activists)

- it refers to the expansion and intensification of


social relations and consciousness across world time
and across world – space.(Globalization scholar - Manfred Steger)
EXPANSION – refers to “ both the creation of new social
networks and multiplication of existing connections that
cut across traditional political, economic, cultural and
geographic boundaries.
THIS VARIOUS CONNECTIONS OCCURS AT DIFFERENT LEVEL;
• International Groups – instrument to connect more
specific group
• Social Workers
• Activists
• Social Media – establish new global connections between
people from different corners of the globe.
INTENSIFICATION – refers to the
expansion, stretching, and acceleration
and multiplying of global connections,
and also becoming more closely – knit
and expanding their reach.

Ex. Electronic trading


Addt’l. Discussion
• As a complex and multifaceted phenomenon, globalization is
considered by some as a form of capitalist expansion which
entails the integration of local and national economies into a
global, unregulated market economy. 
• Globalization has grown due to advances
in transportation and communication technology. With the
increased global interactions comes the growth of
international trade, ideas, and culture.
• Globalization is primarily an economic process of interaction
and integration that's associated with social and cultural
aspects.
HOW IS
GLOBALIZATION
DIFFERENTIATED TO
GLOBALISM?
GLOBALISM - is a widespread
belief of freedom and
democracy among powerful
people that the global
integration of economic market
is beneficial to everyone.
•ARJUN APPADURAI
– an Indian – American
anthropologists, recognized as a
major theorist in globalization
studies. He defines that globalization
can be divided into five scapes.
•ETNOSCAPE – refers to the global movement
of people
•MEDIASCAPE –refers to the flow of future
•TECHNOSCAPE – refers to the circulation of
mechanical goods and software
•FINANCESCAPE – denotes the global
circulation of money.
•IDEOSCAPE – states the realm where political
ideas move around.
Four Basic Aspects Of
Globalization
In 2000, the International Monetary Fund (IMF) identified
this aspects:
• trade and financial transactions,
• capital and investment movements,
• human migration and movement of people,
•dissemination of knowledge.

 NOTE : Further, environmental challenges such as global


warming, cross-boundary water, air pollution, and over-
fishing of the ocean are linked with globalization
TRADE AND FINANCIAL TRANSACTIONS
•Trade involves the transfer of goods or
services from one person or entity to another,
often in exchange for money. A system or
network that allows trade is called a market.
•financial transaction is an agreement,
or communication, carried out between
a buyer and a seller to exchange an asset
 for payment.
CAPITAL
AND INVESTMENT MOVEMENTS
• In economics, capital consists of assets that can enhance one's power to perform
economically useful work.
• Adam Smith defines capital as "that part of man's stock which he expects to afford
him revenue".
• In Marxian political economy, capital is money used to buy something only in order
to sell it again to realize a profit.
• INVESTMENT: the outlay of money usually for income or profit : capital outlay;
• In macroeconomics, investment is the amount of goods purchased or accumulated
per unit time which are not consumed at the present time.
The types of investment:
a. residential investment
b. non-residential fixed investment 
c. human capital investment,
d. inventory investment 
HUMAN MIGRATION AND MOVEMENT OF PEOPLE

• Human migration is the movement of people


from one place to another with the intentions of
settling, permanently or temporarily at a new
location (geographic region).
• The movement is often over long distances and
from one country to another, but internal
migration is also possible; indeed, this is the
dominant form globally.
DISSEMINATION OF KNOWLEDGE
• Dissemination is the interactive process of
communicating knowledge to target audiences so
that it may be used to lead to change. The challenge
is to improve the accessibility of
desired knowledge products by those they are
intended to reach.
• Knowledge dissemination – distributing knowledge
to those who may need it – is therefore a crucial
part of knowledge management.
ACTIVITY:
• Narrate a personal experience of globalization.
• Go to your room and do an inventory of everything you have in your
possession.( Everything must be added like footwear, clothes,
computers, cell phones, television, books news papers, magazines
and the likes.)
• Organized your inventory in two types: first “ things” that are made in
the Philippines and second, those that are of foreign brands. List the
countries of origin of your foreign brand items.
• In class compare your list with those of your classmates to determine
which countries make the most household and personal needs you
and your families have.
• In the process, discuss why certain products are made in the
Philippines while others are produced abroad.

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