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Unit one Developing a global perspective Background information An increasingly smaller world Globalization Question for your thinking What has globalization brought to our life? sitting and eating in a KFC, a Mcdonald’s or to have a coffee leisurely in a Starbuck? A product of a wide selection of origins? Little Tikes toys made in China? reaching a friend at the other side of the world within seconds by phone or a email…… the quick spread of SARS and other epidemics? the sending of peace corps to war-areas in the other parts of the world? Toyata outsources its aoto parts to U.S manufacturers ……. then, what is globalization…… Globalization (or globalisation) describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade. The term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade,foreign direct investment, capital flows, migration,the spread of technology, and millitary presence. What is the definition of globalization according to the text? Globalization is the actual movement or potential to move across borders of nations in areas of trade, investment, technology, finance and labor. Economic interdependence Or simply, is the free flow of goods and services across national borders. Question for your thinking What has caused economic globalization? Advantages and disadvantages of globalization.(presentation) international organizations types of international organizations Intergovernmental Organizations (IGOs), formed by states international Nongovernmental Organizations (INGOs), members are individuals, companies, or associations Multinational Corporations (MNCs), for-profit enterprises that operate in several countries. Other standards for classification: a) on the subject of activity - political, economic, credit and financial, on tra
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