GLOBALIZATION_DIMENSIONS.pptx

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1. Dimensions of Globalization GEd 104: The Contemporary World Sidney Dominic C. Bonite Lecturer II

2. Learning objectives

3. Advantages of Globalization

4. Advantages of Globalization

5. Disadvantages of Globalization

6. Dimensions of Globalizatio

7. 1. Economic Dimension This refers to the extensive development of economic relations across the globe as a result of technology and the enormous flow of capital that has stimulated trade in both sources and goods.

8. Major players in the current century’s global economic order Huge international corporations (General Motors, Walmart, Mitsubishi, etc.) International Economic Institutions (IMF, World Bank, The World Trade Organization) Trading systems The result of these powerful forces resulted in the wide gap between the rich and the poor countries.

9. Major Sources of Economic Growth across Countries

10. 2. Political Dimension This refers to an enlargement and strengthening of political interrelations across the globe.

11. Political Issues that Surface in this Dimension

12. Example: - Global cities like New York, London, Tokyo, and Singapore are closely connected with one another than they are to various cities in their own countries. - European Union, United nations, NATO, The World Trade Organization

13. 3. Cultural Dimension Increase in the amount of cultural flows across the globe. Cultural interconnections are at the foundations of contemporary globalization.

14. Media empires generated and directed the extensive flow of culture. Examples of these are Yahoo, Google, Microsoft, and Disney. Advertisement plays an important role in this cultural flow by featuring various celebrities in the television aside from transforming newscast into entertainment show

15. Cultural diversity often results hybridization - a constructive interaction process between global and local characteristics which is often visible in food, music, dance, film, fashion, and language

16. 4. Religious Dimension Religion is a personal or institutionalized set of attitudes, beliefs, and practices relating to or manifesting faithful devotion to an acknowledged ultimate reality or deity . It is the most important defining element of any civilization as contrasted with race, language, or way of life.

17. Roman Catholic Teaching of Globalization There are eight (8) principles that summarize the Roman Catholic Teachings.

18. Justice is divided in three (3) categories: 1. Commutative justice This aims at fulfilling the terms of contracts and other promises on both personal and social level. 2. Distributive justice This ensures a basic equity in how both the burden and the goods of society are distributed and that ensures that every person enjoys a basically equal moral and legal standing apart from differences in wealth, privilege, talent and achievements 3. Social justice This refers to the creation of the conditions in which the first two categories of justice can be realized and the common good identified and defended.

19. 5. Ideological Dimensions

20. Major Ideological Claims of Advocates of Globalism 1. Globalization is about the liberalization and global integration of markets 2. Globalization is inevitable and irreversible 3. Nobody is in charge of globalization 4. Globalization benefits everyone 5. Globalization furthers the spread of democracy in the world

21. 6. Technological dimension the increasing speed of technological diffusion across the global economy. It refers to the spread of technologies around the globe, and particularly from developed to developing nations.