Week 1-Understanding Globalization
Week 1-Understanding Globalization
UNDERSTANDING
GLOBALIZATIONN
,.
Lesson 11
Defining Globalization
LESSON OBJECTIVES
should be able to:
At the end of this lesson, you
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Definition of Termns
Globalization is a process of expanding various sociocultural and socio
national to international and transcultural
ecological processes from
level (Al-Rodhan, 2006).
Global Connected Index (GCI) is a measurement of flows and
interconnections of a country to other global players through exchanges
in trade, capital, people, and information (Altman, et al., 2018).
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INTRODUCTION
globalization.
1
Nevertheless, it is a highly contested concept
PIke, ).
(Stiglitz and 200
aspect of globalization, but ie
economic it is
People commonly debate about the
Some authorS argue against th e
only aspect
one of the globalization agenda.
that comes with globalization. While otha
hegemony and power imbalance c o m m e r c e , and infórmation flou
impact on trade,
authors highlight its positive
o.000800%
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0.000400%-
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EXTENT OF GLOBALIZATION
"How are you connected with the world?" Most of us might answer that
we
Figure 2.
Hebron and Stack, 2016; Vadlamannati,
Word cloud of definitions of globalization. 2015).
(Created in www.wordclouds.com)
trade,
Globalization is the process that focuses on the movement of
seen as
traded
definitions emphasize "what is being moved or
capital, and ideas. These
across borders?" and "how it
could integrate diverse economic processes,
of these flows of goods
cultures and worldviews?" One critical characteristic
and culture. In
and information is the integration of different markets
services,
these definitions, the down of territorial boundaries is eminent.
breaking
and
against just
authors argue the focus on the linear
However, some
from
globalization. These authors distinguish globalization
spatial dimensions of
that globalization
deterritorialization and westernization. Scholte (2005) argues
6 A COurse Module for The Contemporary World
but is also about changes
is not just about going beyond territorial boundaries, of
of people. For instance, news from other parts
in the temporal connections
as well
in real-time through mainstream
the world could be readily accessible about
contends that globalization is not merely
as online media. Elden (2005)
have not been always from the
westernization. Naval voyages and early trade
connections, which could be dated
West. An example is the China and Philippines
as far as the Neolithic period and grew
in the 10th century AD (Fox, 1967).
back
in a globalized society
Scholte (2005) identifies macro-structural changes
value chains,
such as product and services integration through commodity
and growth of supra-
emerging institutional arrangements, pluralistic identity,
territorial relations. Also, he identifies four key shifts in society:
COMMUNICATE.
You and your friends/classmates could form two teams. One group wil
discuss the advantages and benefits of globalization, while the other group
will focus on the disadvantages and negative impacts of globalization. Note the
main points of the pros and cons of globalization discussed during the debate
SUMMARY
In this lesson, we first identified the extent of globalization. Several indexes
measure the extent of globalization, one of which is the Global Connectedness
Index (GCI). This index measures the flow of trade, capital, information, and
people across countries. Based on the 2018 Global Competitiveness Report
(Altman et al., 2018), the level of connectedness is lesser compared to what
is perceived by the public. This report also shows that most of the globally
connected countries are developed countries based in Europe, but countries
from Southeast Asia have exceeded expectations for global connectivity.
Second, we discussed the diverse, often disparate, and mostly contested
is
globalization. The disparate conceptualization of globalization
definition of
based on the dimensions highlighted. There are different focuses on globalization
cultural.
such as economic, financial or industrial, political, informational, and
debate. One
These differences in definition also extend to the globalization
while the other
views globalization as a positive driver of economic growth,
the=
the criticism against cultural integration disregarding
spectrum highlights
culture.
diversity and uniqueness of each
includ
factors that drove globalization. These
also identified some
Third, we
an
environment that lessens restrictions and
flows in trades
enabling policy
on modernization of transportatio
goods, infrastructural investments such as
telecommunications.
systems, and modern
World
8 A Course Module for The Contemporary