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By Marcelo Fianta
Content
Understanding the meaning of globalization Understanding why the earth has became flat Understanding what are the main types of Globalization Identifying process of Globalization Understanding advantages and disadvantages
What is Globalization?
Increasing and improving our way of living Comfortable and convenient way of living It is easier to reach other people anywhere It helps to manipulate and access in exchanging and transmitting information, knowledge, goods and funds to different countries.
Types of Globalization
Industrial globalization
Rise and expansion of multinational Companies
Financial globalization
Emergence of worldwide financial markets and better access to external financing for corporate, national and subnational borrowers
Political globalization
The spread of political interests to the regions and countries outside their geographical limits
Culture globalization
The growth of cross- culture contacts
Informational globalization
The increase in information flow between geographically remote locations
Process of Globalization
Global movement of four fundamental forms of capitals: Human capital (immigration, migration) Financial capitals (Debt, credit ) Resource capital (Energy, metals, minerals) Power capital (security forces, Alliances, Armed forces)
Advantages of Globalization
1.Effect on Business/Trade
Expansion of Market large size Technical Development Flow of resources Brand Development Better industrial Relationship
2. Socio-economic effect
Development of infrastructure Increase in Employment opportunities Raised social status
Effect on Business/trade:
Disadvantages of globalization
cut-throat competition removal of protection expensive imports ownership of foreign institutions monopoly
socio-economic effect:
expensive domestic goods effect on priorities of plans environment
Goal of Globalization
Different international development goals include reducing world poverty by 2015 and over the same period, reducing infant mortality by two thirds; halving the spread of HIV/AIDS and combating malaria and other diseases; achieving universal primary education halving the number of the people without access to safe drinking water; and promoting gender equality and environmental sustainability
Will be possible????
THANKS!!