GROUP2

GLOBALIZATION
 14 SIGNS OF
GLOBALIZATION
1. INCREASE IN INTERNATIONAL TRADE AT A FASTER
RATE.
2. INCREASE IN INTERNATIONAL FIELD OF CAPITAL
INCLUDING FOREIGN INVESTMENT.
3. GREATER TRANS-BORDER DATA FLOW USING
TECHNOLOGIES.
4. GREATER INTERNATIONAL CULTURAL EXCHANGE.
5. SOME ARGUE THAT EVEN TERRORISM HAS
UNDERGONE GLOBALIZATION.
6. SPREADING OF MULTICULTURALISM AND BETTER
INDIVIDUAL ACCESS TO CULTURAL DIVERSITY.
7. EROSION OF NATIONAL SOVEREIGNITY AND
NATIONAL BORDERS THROUGH INTERNATIONAL
AGREEMENTS.
 14 SIGNS OF
GLOBALIZATION
8. GREATER INTERNATIONAL TRAVEL AND TOURISM.
9. GREATER IMMIGRATION, INCLUDING ILLEGAL
IMMIGRATION.
10. DEVELOPMENT OF GLOBAL TELECOMMUNICATIONS
INFRASTRUCTURE.
11. DEVELOPMENT OF GLOBAL FINANCIAL SYSTEMS.
12. INCREASE IN SHARE OF WORLD ECONOMY
CONTROLLED BY MULTINATIONAL CORPORATIONS.
13. INCREASE ROLE OF INTERNATIONAL ORGANIZATIONS
THAT DEALS WITH INTERNATIONAL TRANSACTIONS.
14. INCREASE IN TEH NUMBER OF STANDARDS APPLIED
GLOBALLY.
ANTI-GLOBALIZATION
THE ANTI-GLOBALIZATION MOVEMENT
TYPICALLY CRITICIZES THE ECONOMIC, SOCIAL,
AND CULTURAL IMPACT OF GLOBAL TRADE AND
MULTINATIONAL CORPORATIONS.

PRO-GLOBALIZATION
THE PRO-GLOBALIZATION PERSPECTIVE
EMPHASIZES THE POTENTIAL FOR INCREASED
ECONOMIC GROWTH, TECHNOLOGICAL
ADVANCEMENT, AND CULTURAL EXCHANGE THAT
COMES WITH INTERCONNECTIVITY ON A GLOBAL
SCALE.
 G LOBALI ZATI ON IN THE
PHILI PPINES
Th e co untry is taki ng part i n th e pro cess o f
gl o bal i zati on ever since th e co u ntry si gn ed a greemen ts
w ith Wo rld Trade Organ i zati o n i n 1995.

Advant age of global izati on

• Pea ceful Rel atio ns - Mo st o f the co u ntri es ha ve
reso rted to trade relati o ns w i th each o ther i n o rder
to bo o st their economy,
• Empl o yment - Considered a s o ne o f the mo st
cru ci al advantages, gl o bal i zati o n ha s l ed to th e
genera tion o f numerous empl o yment o ppo rtu ni ti es.
• EDU CATI ON -A VERY CRI TI CAL ADVANTAG E THAT HAS
AI DED THE POPUL ATION I S THE SP READ OF EDU CATI ON.
• Pro duct Qual ity - Th e pro du ct qua l i ty ha s been
en ha nced so as to retain th e cu sto mers.
• Ch eaper Prices - Glo bal i za ti o n h as bro ught i n fi erce
competi ti on in the markets.
• Co mmu ni catio n - Every si n gl e i n fo rmati o n i s easi l y
accessi bl e from almost every co rner o f th e w o rl d
Ci rcu l ati o n of information i s no 'l o nger a tedi o u s ta sk,
an d can happen in seco nds.
• Tran spo rtation - Considered as the w heel o f every
busi n ess organi zation, co n n ecti vi ty to va ri o us pa rts o f
th e w o rl d is no more a seri o us pro bl em.
• G DP I NCREASE - GROSS DOMESTI C P RODU CT,
COMMONLY KNOWN AS GDP , I S THE MONEY VALU E OF
THE FI NAL GOODS AND SERVI CES P RODU CED WI THI N THE
DOMESTI C TERRITORY OF THE COU NTRY DU RI NG AN
ACCOU NTING YEAR.
• Free Tra de - Free trade is a po l i cy i n w hi ch a co un try
do es no t levy taxes, duties, subsi di es o r qu o ta o n th e
i mpo rt export o f goods o r servi ces fro m o th er co un tri es.
• Travel an d Tourism- Gl obal i zati o n ha s pro mo ted to uri sm
to great heights.
• External Bo rro wing -With th e h el p o f gl o bal i zati o n,
th ere i s o pportunity fo r co rpo ra te, na ti o n al , an d sub-
n ati o na l borrowers to have better access to external
fi n an ce, with faciliti es such as extern al co mmerci al
bo rro w i ng and syndicated l o ans.
 DISADVANTAGES OF
GLOBALIZATION
• HEALTH ISSUES
• Globalization has given rise to more health
threats and present new threats and challenges
for epidemics.
2. LOSS OF
CULTURE
• A large number of people moving into and out of
a country, the culture take a backseat.
3. UNEVEN WEALTH
DISTRIBUTION
• It is said that the rich is getting richer while poor
is getting poorer. In the real sense, globalization
has not been able to reduce poverty.
DISADVANTAGES OF
GLOBALIZATION
4. ENVIRONMENT DEGRADATION
• the industrial revolution has changed the outlook
of the economy.
5. DISPARITY
• through globalization has opened new avenues
like wider market and employment.
6. CONFLICTS
• It has given rise to terrorism and other form of
violence .
7. CUT-THROAT COMPETITION
• opening the doors for international trade has
given birth to intense competition.
GLOBALIZATION CAN BE
• CULTURAL
• ECONOMIC
• POLITICAL
• SOCIAL
• INDUSTRIAL
• TECHNOLOGI
CAL
• ECOLOGICAL
• GEOGRAPHU
 A L I Z AT I • CULTURAL • ECONOMIC
G L O B is the trasmission of refers to the

c a n b e : ideas, meanings, and increasing

ON values around the interdependence of

world in such a way world economies as a
as to extend and result of growing scale
of cross-border trade
intensify social
of commodities and
relations. services, flow of
• INDUSTRIA • SOCIAL
international capital
referred to as the refers
and wideto and
the sharing
rapid
L
phenomenon of of ideasofand
spread
producing on ly that information between
Technologies.
product in which the and through different
country has countries.
competetive
advantage in terms
of cost.
 A L I Z AT I • FINANCIAL • INFORMATIO
G L O B defined as the considered part of the
b e : emergence of NALwhere the
process
c a n
ON worldwide financial information flow has
markets and better dramatically increased
access to external between
geographically remote
financing for
areas of teh world.
corporate, national
• ECOLOGIC
and sub-national • GEOGRAPH
borrowers.
Globalization and the moving towards the
AL
Politics ICAL
trend of a borderless
-rights of women and world. Can now
children are now explore different
implemented. countries without
Globalization with having any dangers.
Technology-
really plays a huge
part in the life of
every individual.
 QUALITIES AND CHARACTERISTICS OF
GLOBALIZATION

Creation and Multiplication - involves breaking traditional norms and practices in

political, economic, and cultural realms by creating new social networks and
cultural activities.
Expansion and Stretching - involves the expansion and stretching of social
operations, financial markets, and trading globally through organizations like the
WTO, ASEAN Economic Community, World Economic Forum, and European Union.
Consciousness and Awareness - involves human consciousness and awareness,
with daily actions influencing norms and practices in a borderless world.
 GLOBALIZATION
AND WESTERNIZATION
For western conception of the term globalization, scholar attributed it
as part of growing imperalist mechanism of American western powers
which they considered as the building blocks of technology and
economic innovations.
 CONCLUSION
Globalization help us in various way such as increase competitions
between the markets having them to improve the quality of product
that they are selling.

• It also provide employment rate

• It also spreads the knowledge of new inventions
• It helps in the spread of Education

NEGATIVE IMPACT OF GLOBALIZATION

Environmental Degradation- refers to the damage of deterioration of
the natural environment.
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