Globalization
Globalization
GLOBALIZATIO
N
Globalization
- it refers to the growing integration of
economies and societies around the world (The
World Bank Group)
Globalization
- is the process of interaction and integration
among the people, companies, and governments
of different nations, a process driven by
international trade and investment and aided by
information technology (Globalization101.org)
Globalization
- it is a set of economic, social, technological,
political and cultural structures and processes
arising from the changing character of the
production, consumption, and trade of goods and
assets that comprise the international political
economy (UNESCO)
The TYPES of
GLOBALIZATIO
N
1. Financial Globalization
Key Features: inter-connected financial systems
Example: stocks exchange and banking
PRO: inter-connectivity and technology = fast access to
universal markets and up rise to money worth
CON: a downturn in one market can affect the whole world
1 U.S. Dollar = 52.22 Php PESO
If the Philippines have managed to bear with the Global
demands,
and 1 Peso became equal to 1 U.S. Dollar
You can spend it into:
Php 0.02 Centavos = Candy
Php 0.18 Centavos = Transportation
Php 1.00 = 1 Regular Meal in Jollibee
Php 100.00 = 1 P5,000 worth of Cellphone
2. Economic Globalization
Key Features: before, local micro business owners were stuck within
the locality, but today, sales increase wherein there is a market
Example: Local Products exported Internationally
PRO: Increase in customers and sales
CON: increased difference between “haves” and “have nots”
(increased social demands) and leads the corporation to have more
power than countries.
EXPORT = PRO: Increased Customers & Sales
IMPORT = CON: Presence of many imported products
that Filipinos consume
Increased Social Demands
With the presence of such branded products in the country, higher
social demands grew
High Class
Globalization had an occurring
effect to the society
MiddleasClass
branded products
were more introduced. The Hypebeast clothing
style for example, which made the symbol for being a
Low Class
“High Class” and a “Middle Class” disrupted. As a result, it angered
both classes unconsciously.
3. Technological Globalization
Key Features: the “Global Village” has expanded to every
corner of the globe
Example: communication, transaction and entertainment
PRO: fast and efficient development and financial growth
CON: third-world countries’ growth are slower
With
technological
advancement, it
will be an equal
opportunity for
Filipinos and
any other third-
world country
to compete and
cater their own
stories in the
global market. Imagine the Philippine Mythical Creature
“Bakunawa” fighting with the Western’s Godzilla.
4. Political Globalization
Key Features: is the uniformity of policies
Example: safety and assurance
PRO: convenience, strong ties
CON: pressure and drastic changes to third-world
countries
5. Cultural Globalization
Key Features: harmonization of world culture
Example: eventually have the same taste (in living, in
music, food, and values)
PRO: there will be equal treatment
CON: loss of world cultural diversity, western culture can
be of conflict with some traditions or belief in religion
6. Sociological Globalization
Key Features: having a “single-world” society
Example: accepting social differences
PRO: harmony in daily interaction
CON: None
7. Ecological Globalization
Key Features: the planet must be treated as a single
ecosystem rather than separate
Example: restoration and protection of forests and
animals
PRO: global warming safety
CON: None
8. Geographical Globalization
Key Features: a borderless world
Example: no imposition of power
PRO: a peaceful and a fulfilling world
CON: Vulnerability
Even before, Filipinos experience having no VISAs during the Pre-Hispanic
Period of the Philippines
(Tagalog)
The Advantages of
GLOBALIZATIO
N
1. Globalization helps the world to
focus on progress.
Having presence of a global need, any economy
may fulfill these needs by participating and
joining the global market in production of goods,
services or programs for development.
2. It would stabilize global currencies
to create an equal playing field.
North Korea
2. It could create adverse impacts for
the global environment.
National borders are not the only boundaries that humans set
for themselves as they go about the business of daily life. We
also set limits on our cultural identity, ethnicity and family
environment. But, with the presence of globalization, the mark
of being a “Filipino” may already have been lost or have been
just the same with the neighboring countries and culture.
What is the true mark of being a
Filipino?
Hospitality Strong-family
ties
Smiling even
With problems Courage
If it is about being HOSPITABLE, it is
being a Filipino NO MORE!
Let’s watch
a Malaysian Airport
Commercial
Is there still a true mark
of being a Filipino?
Then what is it?
4. Globalization would temporarily
reduce high-paying jobs.