Globalisation Essay

Globalisation Essay
Introduction Globalisation has already existed for thousands of years. People have been buying from and selling to each other in lands at great
distances, such as through the famed Silk Road across Central Asia that connected China and Europe during the Middle Ages. Likewise, for centuries,
people and corporations have invested in enterprises in other countries. So what is globalisation? Globalisation is a process of interaction and
integration among the people, company, and governments of different nations, a process driven by international trade and investment and aided by
information technology. Globalisation usually refers to the rapid increase in the share of economic activity taking place national boundaries.
Globalisation...show more content...
China is the best example to prove globalisation is good. Government subsidies, import tariffs and lower paid workforces are what make a lot of
multi–national companies choose China as one of important steps of their globalisation. The whole world can see how quickly China develops so far
and how large potential exists in China in the future. Key players A number of key players are driving globalisation. They include: в–Ў Multinational
enterprises that carry out business across national boundaries в–Ў The World Trade Organisation (WTO), through which international trade agreements
are negotiated and enforced в–Ў The World Bank and the International Monetary Fund (IMF) which are meant to assist governments in achieving
development aims through the provision of loans and technical assistance в–Ў National governments, who together with these international
institutions, are instrumental in determining the outcomes of globalisation 'Globalisation benefits all who participate in the globalisation process'
Economic globalisation can be measured into four main economic flows: в–Ў Goods and services – Exports and imports are the main national income
or per capita of population в–Ў Labour/people – Labour force, net migration rates, inward or outward migration flows в–Ў Capital – Inward or outward
direct investment в–Ў Technology – R&D, technological advances such as motorcar, broadband and mobile etc Here, the 'All' who
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Conclusion About Globalization
Globalization
Whenever I heard about the term globalization the first thing that comes in my mind is gravity. In my humble opinion, the term globalization is just
like gravity higher you go higher will be the gravity. Same is the case with the notion of globalization as much as you can discover new facts and
figures more changes can be made. In this respect, from the current outlook of this modern world of affair, it would not be wrong to say that
globalization has become the most significant part in the lives of human beings, as globalization has influenced nearly all facets of the contemporary
world. Globalization has approached in almost every sphere of life, from a kinder garden school to the manufacturing to huge satellites, revolving
around this earth. This is all because of the modern advances and transformation that have been made through the technological means and scientific
revolutions.
In fact, due to the globalization, it would not be wrong to say that the world has gained a unique and new outlook just because of the changes that have
been made within the last couple of years, especially within the field of technology. In this regard, due to the development of new–found technological
advances, it has become easy for people to link with each other without any kind of barrier and difficulty. For instance, internet has paved the way for
the modern form of communication through which people living at different places are interacting with each other without any

globalisation
GLOBALISATION AND POLITICS
Literature Review
We live in the fast growing world of globalization where the entire world has now shrunken into a small global village. Globalization has often been
regarded as the 'cradle' of global economic development. This so called 'world liberator' however has not escaped criticism as opponents claim that it
has been the cause of social evils and rising levels of poverty in developing countries. Due to the nature of globalization and in its bid to open up social,
economic and political boundaries currently in place, various functions in different countries have been affected. This research will shed some light on
the potential threats and benefits of globalization along with its...show more content...
They believe that we can mould globalization in a variety of ways because it offers us very real chances to create cross–national social movements
aided by modern technology and new forms of communication like the internet.
Liberals see globalization as a long running transformation of world politics. This increased interconnectedness between societies which is
economically and technically led, results in, very different patterns of world political relations.
Hyper–globalists argue that it is bringing about the death of the sovereign nation state, as, global forces undermine the ability of the government to
control their own economies and societies (Ohme 1995).
Sceptics reject the idea of globalization as so much as "globaloney" and argue that the states and geopolitics remain the principle forces shaping world
order (Krasner 1999)
A tranformationalist perspective argues that both the hyper–globalists and skeptics alike exaggerate their arguments and thereby misconstrue the
contemporary world order.
By contrast the tranformationalist perspective takes globalization seriously it acknowledges that it is leading not so much to the fall of the sovereign
state but to globalization of politics. Under these conditions, "politics everywhere, are related to politics everywhere else"

Why globalization?
Globalization is said to make the world smaller by bringing people closer, in a world without borders where goods and

Globalization Essay
Abstract– Globalization has impacted nearly every aspect of modern life. While some U.S. citizens may not be able to locate Beijing, China on a map,
they certainly purchase a high number of goods that were manufactured there. There is no set definition for globalization, there is also no clear answer
to whether or not globalization is good or bad. There are examples of how globalization has helped a country greatly, but there are also examples of
globalization causing harm to the growth and prosperity of the nation.
Introduction: The Positions of Globalization Globalization has several different perspectives. One may think that through globalization it will improve
communication reducing problems such as poverty and unemployment....show more content...
This results in globalization causing economic difficulties. This occurs because companies will now bring their goods to a country and charge a
price that is cheaper than local businesses charge. This will cause local businesses to become obsolete since they cannot afford to lower their prices.
"The irony, of course, is that globalization's promise was based on the notion that trading partners become political partners, and that economic
interdependence would eliminate the potential for political and military conflict (Annan, 2007, 43)." An example of this was between Germany and
Britain. No degree of economic interdependence prevented the First World War. The fallacy of this doctrine is that trade precludes conflict. It also
underestimates the pace of globalization and how it threatens the government's ability to protect their citizens. The second reaction is resort to
illiberal solutions. It is most apparent to newly liberalized nations with weak political systems, incapable of effectively reacting at a time of
economic crisis. It was said that globalization would increase trade thus creating a more broad middle class. This was also seen to be an overly
optimistic statement. The third reaction is politics of populism, leaders begin to propose forms of protectionism as a way to offset losses supposedly
incurred by competition. "Their solution is for a battered nation to turn away and turn inward,

Globalization Essay
The implications of globalization are greatly felt in every part of the world. One of its effects is encouraging the movement of financial capital, trade,
and direct and foreign investments. This refers to the economic exchange of goods and services internationally and international financial flows. (Carr
and Chen, 2001). Through the perspective of an optimistic globalist, trade has brought an increase in the volume of trade, whereas, pessimistic globalist
suggests that globalization on the world economy has made the world less diverse and homogenous. ( Textbook). Under these two major themes, there
are four major concepts that will guide in understanding how globalization and economics relates; stretched social relations, intensification...show more
content...
With the increase of trades, more goods and services crossing national borders and spreading its influence abroad. For instance, Macdonald is a huge
franchise that many investors have invest in developed and developing countries. It is an American brand that is now a household name in Europe,
North–East Asia, South–East Asia, and of which shows how far globalization has spread. FDIs can also help to create more jobs for by investing in
more companies and further increase more investments flowing in. As FDIs is one of the key instrumental in affecting the economy, globalization can
help to further facilitate the movement of it which supports the argument of the optimistic globalist.
Secondly, the other positive effect of globalization on the world economy is how it may equalize wealth distribution. After the 2000s financial crisis,
there was a slow and weak economic growth. Those in the higher income was able to suffer losses while those who were in the middle to lower income
were struggling which suggest the widening in income gap. However, the idea of globalization in the eyes of the optimistic is that the increased
volume of trade, the access to advancement in technology across the world and stretched communication internationally can help to improve the
situation. As the world gets more interconnected, the intensification of goods and services moving across nations increases. This would suggest that
there is an increase in trade which will

Globalization : A Very Short Introduction
There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a
more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the
world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can
also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization
and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is
becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more
developed countries to help them to sustainability and self–reliance. First, we can look at how Steger defines globalization to gain a better
understanding of what globalization actually is. In his book "Globalization: A Very Short Introduction," Manfred B. Steger states, "Globalization refers
to the expansion and intensification of social relations and consciousness across world–time and world–space" (Steger 2003, 15). To break his
definition down further, expansion and intensification of how people react with each other means that more challenges in social interaction with each
other

Sociology and Globalisation Essay
Many historians and sociologists have identified a transformation in the economic processes of the world and society in recent times. There has been
an extensive increase in developments in technology and the economy as a whole in the twentieth century. Globalization has been recognized as a
new age in which the world has developed into what Giddens identifies to be a "single social system" (Anthony Giddens: 1993 'Sociology' pg 528), due
to the rise of interdependence of various countries on one another, therefore affecting practically everyone within society.
In this essay I will give a detailed explanation of what sociologists mean by the term 'globalisation' and how they have tried to explain it.
Globalisation can...show more content...
When examining economic globalisation, the first issue which comes to mind
is world trade. Where some sociologists argue that globalisation is a beneficial
and positive process, many argue that it is the only road available. It can be
argued that globalisation creates an environment which consists of greed,
class interest and profit–making. This is the view that James Petras and Henry
Veltmeyer hold in their book "Gobalisation unmasked" 2001 (web link–
http://www.spectrezine.org/reviews/Petras.htm). Sociologists
argue that globalisation as a theory offers a rationale for the greater access of
national economies by transnational corporations.

Society around the world is now using the same products which once were
only sold in one country. Food from different continents is an example which
is also now extending from one country into others, eg the McDonalds
restaurant. Most sociologists have recognised that it is the transnational
corporations that have shaped the international economy and they are the
main driving force of the globalisation process. Products such as Coca Cola,
Levi jeans and Kodak film are now available on an international scale. The key
goal of these corporations is to gain market advantage over rivals and so they
decide to locate

Advantages of Globalization Essay
People around the world are more connected to each other than ever before. Information and money flow quicker than ever. Products produced in one
part of a country are available to the rest of the world. It is much easier for people to travel, communicate and do business internationally. This whole
phenomenon has been called globalization. Spurred on in the past by merchants, explorers, colonialists and internationalists, globalization has in more
recent times been increasing rapidly due to improvements in communications, information and transport technology. It has also been encouraged by
trade liberalization and financial market deregulation.
Globalization offers a higher standard of living for people in rich countries and is the only...show more content...
This research also shows that economic growth, on average, raises incomes for both the rich and the poor. It helps to lift the poorest in society out of
absolute poverty and does not automatically increase inequality. More importantly, no country has managed to lift itself out of poverty without
integrating into the global economy.
The countries that have experienced high and rising levels of poverty are more often than not, the developing countries that have been marginalised
from the process of globalization. Think of North Korea or many countries in Africa. Such countries have insufficient levels of international trade and
investment –– not too much. Whether poor countries are poor because they do not trade enough or because poverty stricken countries are prevented
from engaging in the global economy, less globalization is generally associated with less development. Ernesto Zedillo, the former president of
Mexico seems to have understood the power of globalization when he said, "In every case where a poor nation has significantly overcome its poverty,
this has been achieved while engaging in production for export markets and opening itself to the influx of foreign goods, investment and technology ––
that is, by participating in globalization."
One of the most common claims made against globalization is that it increases world poverty. Often this claim is supported with a statistic showing the
high rates of poverty in a given

What Is "Globalization"?
Globalization is the growth, expansion and integration of different systems such as economics, culture and politics on a global scale.
Western countries went to third world countries and persuaded their citizens by blaming their economical and social problems on their technological
backwardness rather than the exploitative nature of their political system. By accomplishing this, the western countries gain entry into the nations and
trade technology for resources and labour force. This ultimately leads to westernization of the third world nations (James Ferguson 2001 [1990], 407).
Westernization is the assimilation of Western culture. It is the social process of becoming familiar with or converting to the customs...show more
content...
Websites invite people from all over the world to come together and discuss and share on forums, and chat groups that allow them to learn about each
other's cultures immensely.
Thanks to globalization, English is now the most popular language in the world. Majority of, if not almost entirely, the world's radio programs, mail,
cables, and the internet traffic is in English today. As for those people around the world who do not speak English are still not at a disadvantage as
much since there are popular sites available that promote the sharing of culture, experiences, and ideas through unconventional means such as
photographs and videos. Also thanks to the internet, most the media available online is now also available in most of the major languages spoken
around the world such as Spanish, German, Russian, French, Hindi, Arabic, and Hebrew.
Ethnic foods that were once limited to just some parts of the world, can now be enjoyed almost anywhere around the world. Very few developing
countries now are without luxuries like Italian, Indian, Chinese, and American style cuisines.
Globalization has also shown evidence of causing the members of developing countries to realise the in adequacy of their current lifestyle, culture, and
technology, causing them to adapt and mimic foreign practices, lifestyles and cultures in order to improve their current standard of living. A shift that
is a

The Definition of Globalization Essay
Globalisation is a term that is frequently used but hardly ever defined. It refers to the rapid increase in the share of economic activity taking place
across national boundaries.
This goes beyond the international trade in goods and includes the way those goods are produced, the delivery and sale of services, and the movement
of capital.
Globalisation it is also an idea of our time, highly contested and widely accepted at the same time. It relates to the economy, politics, culture, society,
and generally, with everything we deal with in our everyday lives.
Can be thought of as a process, in which economic markets, technologies, and communications gradually can to exhibit more
"global" characteristics, and less...show more content...
Therefore they argue that globalisation is only a process of intense internationalisation (or
Tran nationalisation) (Held et all, 1999: 155–171).
However, (Lash and Urry, 1994: 279–312) argued that globalisation deals not only with economic relations but also with cultural, political, social and
environmental issues.
It is not a coincidence that the concept of globalisation took off during the time of the information revolution. Even the first traces of globalisation deal,
directly or not, with the circulation of information. The circulation, or sometimes imposition, of culture through religions and empires (which imposed
information) in the pre–modern era is an example of early globalisation (Held et all,
1999, ch 7).
Waters (1995: 146) says that perhaps the most significant event in 19th century globalisation was when the war correspondent of The Times in the
Crimean War of the 1850s was able to telegraph his reports instantly back to London so that events were available almost as soon as they happened.
Taking into account that instantaneous electronic communication is required in order for translational corporations
(TNCs) to operate their global activities, the information revolution can be granted as the drive for the twentieth century globalisation.

The European Union
The European Union is a primarily economic and secondary political
Union. At the present time the

For centuries, globalization has increasingly knitted together the world and created unity out of great diversity. Coca Cola, Disney and McDonald's
symbolize the process, along with Sony, Shell Oil and IBM. They are products known and consumed from Ulan Bator to Little Rock – and also
powerful companies that drive globalization forward, creating new laws, new business practices, new ways to eat and drink, new hopes and dreams.
Optimists look forward to a global village, linked together by the Internet, and benefiting from ever–increasing material well–being. Pessimists see a
frightful corporate tyranny destroying the environment, and sweeping away all that is healthy and meaningful to human existence. Human societies
across the globe have established progressively closer contacts over many centuries, but recently the pace has dramatically increased. Jet airplanes,
cheap telephone service, email, computers, huge oceangoing vessels, instant capital flows, all these have made the world more interdependent than
ever. Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw
materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely. As a result, laws,
economies, and social movements are forming at the international level. Many politicians, academics, and journalists treat these trends as both
inevitable and (on the whole)

Economics Globalisation Essay
August
14
August
14
Economics 2013 grade 11
Economics 2013 grade 11
Globalisation Research Essay
Sarah Morritt–Smith and Bilqees Baker
"THE WORLD HAS BECOME OUR GLOBAL VILLAGE Globalisation is the process of international integration arising from the interchange of
world views, products, ideas, and other aspects of culture. Put in simple terms, globalization refers to processes that increase world–wide exchanges of
national and cultural resources. Advances in transportation and telecommunications infrastructure, including the rise of the Internet, are major factors
in globalization, generating further interdependence of economic and cultural activities." (Source: http://en.wikipedia.org/wiki/Globalization)
Globalisation Research Essay...show more content...
This is also an example of outward–bound globalisation. Inward–bound globalisation is when an international brand comes to South Africa. An example
of this is the UK clothing brand Topshop opening up in SA. This means that clothes are imported into the country from the international market.
Networking is the functional integration of economical activities connecting businesses enabling forward and backward linkages across the globe as
well as improving access to foreign investors and global outsourcing for local businesses.
Regionalisation is the process of amalgamating countries to create hypothetical regions, for example the EU (European Union) that is an economic
and political union of 27 independent member states located in and around Europe. They all share the same currency and have a direct effect of each
other's economic strength. Free trade agreements are also signed between countries improving globalisation. A recent example is the NAFTA
agreement signed in 1994 between Canada, Mexico and the USA. These countries in the agreements are all producing the opportunity for businesses to
pursue multiregional strategies. It is argued whether regional integration is a building block improving globalisation or whether it is a stumbling block
hindering globalisation. It is still a young process that requires examination over a few more years which can determine its success.

Causes of globalisation:
Many developments stemmed from the Industrial

Globalization in the World Today Essay
Globalization is changing the way of doing business in the world today. It is the new era of business opportunity. For many major companies, going
global is a matter of survival, and it means radically changing the way they work. Economic globalization changes both spatial dimension of MNE's
(Multinational Enterprises) and creates a need for more flexible production of marketing systems and new forms of organization. Firms trying to
position themselves as global players face problems such as the cost of building a simultaneous presence in several product areas and foreign markets.
They must also be able to manage cultural difference and be able to carry out effective cross–cultural communication. Global skills must be an integral
part of...show more content...
The atmosphere became so tense that even the most trivial business dealings between the American and Chinese became bogged down in charges and
counter charges (Tse 32). Differences in customs, behavior, and values result is problems that can be managed only through effective cross–cultural
communication and interaction. All employees should learn about the about the influence of culture and be effective cross–cultural communicators if
they are to work with minorities within their own society or with foreigners encountered home or abroad (Harris and Moran 59).
Globalization involves doing business around the world in a new way giving companies an opportunity to explore the world market. The idea of a
global–player involves low–cost and new customer. In Asia, Europe, and many other parts of the world, there are thousands of service and product
markets waiting to be filled. The Chinese consumer market is one of the most attractive countries for the global–player. The Chinese economy has been
growing rapidly in past decade under its "open–door" policy on foreign trade, investment and finance For example, China is one of the most discussed
topics of a business opportunity for global–player around the world. This is because China has a

An Introduction to Globalization Essay
Globalization is a historical phenomenon that has been happening for decades now, and whether it generates growth or not is a matter of whose point
of view it is. The western countries, especially America and some European nations, are the ones taking full advantage of the benefits of globalization.
On the other hand, some experts say that globalization is not doing much for the developing countries, or that it may be even worsening their scenarios
of poverty and social inequality. But, I will get back to that later . The point is that globalization, while it was primarily triggered by the emergence of a
global market and facilitated by the democratization of communication technologies, also caused cultural, social and even political...show more
content...
We are in the era of free information flow and democratization of communication tools. Through the Internet, people are able to produce content and
distribute it in many different ways to infinite different people. What is really amazing is that the idea of distance lost its significance. Now, you are
able to communicate from your house in the south of Brazil with friends who live in India, America or any other place in the world. Messages are
overcoming huge distances because of technological improvements and the implementation of global networks. The third movement is political.
Basically, it means that since globalization implies a compression of national boundaries, which were brought about by the increase of trade at the
global level, the importance of both the activity of international legal institutions and treats, like the World Trade Organization, and the dialogue
between political leaders of different nations has risen significantly. Also, in the globalized world we see a quite interesting phenomenon: the
importance given by nations' leaders to their self–image in the international political scene. Think this way: when countries were not dependent on the
businesses they had with other countries why would presidents bother to be admired by other national leaders? What we see now is a scenario where
nations' leaders struggle for status among the international political elite. The last set

[GLOBALISATION SUMMARY] October 31, 2016 Toan Nguyen
–16438943Page 1 Globalisation Summary Globalisation nowadays is one of the
most concern topics which seem useful to understand by people who live in modern society, especially who work in business and economy industry.
Globalisation could be learned or understanding in term of history, size, current status, trends and impact of it and whether it is a good or bad thing.
First of all, globalisation can be understand as the process by which business, organisation, culture or societies develop international influence or start
operating on an international scale. According to (lexicon.ft.com), globalisation in the past often focused on the economic side. However, it has been
expanded recently. Activities such as culture, media, and technology now are becoming parts of globalisation. All the biggest companies are likely to
become multinational companies result from opportunities created by globalisation process to invest in new potential markets. Furthermore,
globalisation has a long history. It has been taking place for hundreds of years but until the 20Th, it grew rapidly. Globalisation could be described as a
historical process began when the first movement of African out of their homeland into other parts of the world. Travelling short, then longer distances,
migrants, merchants, and others have always taken their ideas, customs, and products into new lands said by (Whitney, T., 2009). Moving to the
current state of

Globalization And Globalization
Globalization is taking place across the world where people can either become globalization or stay local in the state or country. People are very
controversial about globalization helping local economies and local businesses. Some people believe globalization is helping local businesses into the
markets and then there are some that believe that multinational corporations hurting the local small businesses. What is globalization? "the development
of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets" ().
Globalization has started long before we were born.
The first earliest of globalization was the Silk Road that a trade route around two hundred...show more content...
The most imported products and food are iPhones and chocolate beans since they can't be made in the United States due to the environment and the
choices the maker has decided. Most of all, it makes our lives feel further connected and wanting to support where our products came from. For the
people who determine to not like the idea of Globalization, says that local businesses have been shutting down due to multinational corporations,
having advanced in Science and Technology gotten people to lose their jobs. Throughout six articles, all have their own viewpoints about globalization
is or is not helping local business and local economies.
The local businesses tapping into more markets with the help of Globalization. The world is changing, we are living longer than before, capita
income has gone up, advance in science and technology and change of poverty due to globalization taking part of our lives (Bildt). Employment and
economic growth are recovering almost everywhere. "Since 1990, the share of people living in extreme poverty in the developing world has fallen
from 47% to 14%, and child mortality –– a critical indicator –– has been halved" (Bildt). It all depends on what area you live that is changing because
of the consumers believe certain countries make the best product.
In this article called "Globalization and Global Political Theory," talks about how our culture, economics, political, and respectable relationship with
complete strangers from all over the

To what extent is our understanding of economic globalisation challenged or expanded by analysing the lived experience of global processes.
Introduction Globalisation refers to finance, migration and trade (Huwart and Verdier 2013). Economic globalisation is a strand of globalisation that
is controversial, especially in the recent global economic situation. It is difficult to define globalisation because different disciplines use differing
measures to study globalisation, for example 'economic interdependence, technological change, cultural homogenisation or the growing importance of
global institutions' (Feyter 2007: 3) are all factors used by authors investigating global processes. In the general sense, economic globalisation is 'as
ancient as commercial trade' and it 'resulted from a combination of dynamic merchants seeking new markets outside their own borders' (Huwart and
Verdier 2013: 18). Understanding of economic globalisation can be challenged or expanded by analysing the lived experience of global processes, for
instance, Caroline Knowles in her book 'Flip–Flop: A Journey Through Globalisation's Backroads' demonstrates economic globalisation in terms of the
mass production of flip–flops. Knowles' book follows the journey taken in the manufacturing and marketing of flip–flops through the landscapes, lives
and trips of those along the flip–flop trail (Knowles 2014). The people in 'Flip–Flop: A Journey Through Globalisation's Backroads' are evidence of the
lived

Globalisation
A global Village[1] Contents 1. Introduction 2. What is Globalisation all about? 3. What are the advantages of a global world? 4. What are the
drawbacks of a global world? 5. Trade and Globalisation 6. Migration and Globalisation 7. Conclusion 8. Sources 1. Introduction As the subject for
this Paper I choose Globalisation. The main reason for this choice is my fascination with the subject as well as the fact that in the last few years
globalisation has become a much–discussed issue. In this Paper I will attempt to explain the meaning of the word globalisation and I will analyse the
advantages and the...show more content...
International Organizations might take decisions in their advantage sometimes without considering the impact on poorer countries. Finally, the last
form of globalisation is political globalisation. Since the end of the cold war, and the fall of the Berliner Wall, something called Political
Globalisation has emerged. We live in a world where international organizations have been set up to exercise power over member countries. Nations
are not as important anymore as they once were. In the past, nations were responsible for maintaining security and economic welfare in their
country. But since the emergence of global ecological problems, a more global economy and other global trends, the political activity in the world
has moved to a higher level. 3. What are the advantages of Globalisation? Eliminating the borders and the barriers between countries obviously has
some advantages. In the following chapter I will discuss the main advantages of a global world. We have to keep in mind that most advantages that
globalisation encounters, mainly affect developed and developing countries with an open economy. A first big advantage is one for companies
because they can sell their products all over the world. Since the emergence of globalisation world trade has been promoted. However, as a result
manufactured goods are likely to be cheaper due to higher competition. There are fewer monopolies but more competition. People want

Essay on Cultural Globalization
Globalisation and global flows of culture have redefined the processes in which we share and connect to ourselves, others, and the world. From its
onset, globalisation had both proponents' and critics; some believed that it leads to a rich, hybrid global culture. Others saw it as the west versus the
rest, an imprint of Western values and ideologies upon the world's rich and diverse cultures. In exploring global flows ofculture, we can observe these
major assumptions about globalisation as well as its changing nature. New, 'reverse' cultural flows have begun to emerge and question these traditional
assumptions. The case study of Japan's 'pink globalisation' is one such reverse flow.
Globalisation can take on many different shapes and...show more content...
Appadurai terms these global flows as 'scapes', in which media, technology and ideology circulate broadly around the globe. The forces behind this
new global imagination and its scapes are no longer nation states but global media corporations. Accelerated by the dawn of the internet and an
opening up of transnational borders for economic trade in the 1990's, global media corporations have rapidly penetrated overseas markets with
products aimed at consumers in what could be seen as a cultural ideology of consumerism. Cultural globalisation is no longer a case of
Americanisation, but rather multiple, competing globalisations of global media corporations. Henry Jenkins observed the impact of these global
media corporations which he described as 'corporate convergence.' In addition, we also see a 'grassroots convergence,' in which fans armed with new
technologies capable of crossing borders (such as the internet) prescribe to new forms of popular culture. Jenkins observed this convergence coupling
as 'pop cosmopolitanism.' This notion of pop cosmopolitanism explains the rise in popularity of a new, reverse flow, in which Japanese popular culture
products are being disseminated across the globe.
To demonstrate the active way in which media is appropriated by people

Globalisation Essay

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