The document discusses various topics related to globalization including:
1. Business process outsourcing and its impact on labor exploitation and the environment.
2. The influence of globalization on sports, food, culture, and technology and how it has transformed human interactions.
3. Issues like cultural imperialism, terrorism, and environmental degradation that have arisen from or been exacerbated by globalization.
The document seeks to analyze both the positive and negative effects of increasing global interconnectivity across economic, social, and political domains. It provides definitions for key terms and topics related to understanding the phenomenon of globalization.
A complete Presentation on the topic of globalization, about its history, dimensions, GATT, role of multinational incorporation, international trade and Evolution of trade theories....
A complete Presentation on the topic of globalization, about its history, dimensions, GATT, role of multinational incorporation, international trade and Evolution of trade theories....
Presentation I've prepared for a number of upcoming conferences. It is based on more than 80 interviews with managers, heads of sustainability and CEOs.
What Is Global Economy and Its Importance.pdfAiblogtech
What Is Global Economy and Its Importance? A Quick Overview
The term "global economy" is frequently used in discussions, news reports, and political speeches. But what exactly is the global economy, and why is it so crucial to our lives? In this article, we will delve into the global economy's nuts and bolts in simple and understandable language, exploring its various facets and emphasizing its profound significance.
Understanding the Global Economy
Defining the Global Economy
The global economy, at its core, refers to the complex web of interconnected economic activities that take place around the world. It includes the global production, exchange, and consumption of goods and services. Everything from your smartphone to the coffee you drink in the morning has a global footprint. The global economy is analogous to a massive puzzle, with each piece representing a different country or region and all intricately interconnected.
The Building Blocks of the Global Economy
To understand the significance of the global economy, we must first break it down into its basic components:
1. International Trade: The exchange of goods and services between different countries is known as international trade. It provides nations with access to products that they cannot produce locally, promoting economic growth and diversity.
2. Global Finance: The flow of money, investments, and capital across borders is referred to as global finance. It helps businesses, governments, and individuals achieve their economic objectives.
3. Multinational Corporations: These are large corporations that have operations in several countries. They are important players in the global economy because they manufacture products in one country, sell them in another, and invest in various locations around the world.
4. Currency Exchange: Each country has its own currency. Exchange rates have an impact on international trade and financial transactions.
5. International Organizations: Organizations such as the World Trade Organization (WTO) and the International Monetary Fund (IMF) play an important role in regulating and facilitating global economic interactions.
6. Global Supply Chains: Products frequently go through a number of manufacturing and distribution stages in different countries. This linked network is known as a global supply chain.
Let's look at the global economy's significance now that we've dissected it.
The Significance of the Global Economy
Economic Growth and Prosperity
Economic growth is one of the most obvious benefits of a thriving global economy. Countries that engage in international trade have access to a larger consumer base. This leads to increased sales, higher profits, and a more prosperous economy in the long run. A strong global economy promotes job creation, higher living standards, and a higher quality of life for people all over the world.
Access to Diverse Goods and Services
Consider a world in which each country only produced what it required.
The following presentation is on the topic- GLOBALISATION AND INDIA
It includes :-
# INTERNATIONALBUSINESS
# TYPES OF BUSINESS
# GLOBALISATION
# CAUSES
# EFFECTS
# GLOBALISATION IN INDIA
# EFFECTS
# SOME GRAPHICAL DATA
# SUCCESSFUL INDIAN COMPANIES
# THE END
Value chains which unlock market opportunitiesagbiz
Dr John Purchase presented to AgriSA on Global Food System and Value Chains
Food Chain and Network Development
How do we capture value?
Role of Government and the Case for International Investment
The World in Context: Beyond the Business Case for Sustainable Development is an essay by Jonathon Porritt, Co-Director of hrh The Prince of Wales’s Business & the Environment Programme (bep), Co-Founder and Programme Director of
Forum for the Future and Chairman of the uk Sustainable Development Commission. From the Business & Environment programme. University of Cambridge
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
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Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
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Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Globalisation ERP_By: Wang Kai, Mark, Prasaad, Jun You, Theck Sean
1.
2. 1. Introductory Video
2. Key Definitions
3. Broad Ideas
4. Globalisation:
Business Process Outsourcing (BPO)
5. Globalisation: Exploitation
5.1 Labour
5.2 Environment
6. Globalisation: Sports
7. Globalisation: Food
8. Globalisation:
Cultural Imperialism
9. Globalisation: Technology
10. Globalisation: Terrorism
11. Broad Conclusion
12. Essay Questions
13. Extended Reading Package
3. 1. What are some of the broad topics revolving around the term “Globalisation”?
2. What are some of the evidences on how globalisation has transformed the way
we live and how humans interact? What have caused such changes?
>> Mouse over the screen to play video
4. Global City;
Shrinking world
Trade: Imports and Exports
We now live in a transient
world where spatial
differences and political
boundaries no longer limit
our interactions.
5. Through product and process innovation (management and
organization changes; Production processes can also be
enhanced to increase output per unit input and achieve
greater productive efficiency)
Annex (Source: Wikipedia)
Global city: City which is an important node in the global economic
system.
Largely created, facilitated, and enacted in strategic geographic
locales according to a hierarchy of importance to the operation of
the global system of finance and trade.
World city: Cities that control a disproportionate amount of global
business.
Megacity: Metropolitan area with a total population in excess of ten
million people. A megacity can be a single metropolitan area or two
or more metropolitan areas that converge. Outsourcing & Factor Mobility (such as labours)
Source:
7. Source:
*** EU and OPEC ***
Trade Bloc, aka “Regional Trade Agreements (RTAs)”
Refer to Extended Reading Package Article:
“What factors have contributed to globalisation in recent years?”
Factor Mobility
Shrinking World:
Descriptive phenomenon where
countries around the world are
becoming rapidly and increasingly
interconnected and interdependent.
14. Outsourcing:
“Delegating (part of) activities to an
outside contractor.”
– Source: The Organisation for Economic
Co-operation and Development (OECD)
The act of contracting out a business
process to third parties, or obtaining
(goods, services or labours) from an
outside supplier through contracture
agreements.
17. Extended Reading Package:
•Globalisation and outsourcing: confronting new human resource challenges in India’s business pro
By Sarosh Kuruvilla and Aruna Ranganathan for Industrial Relations Journal
•Global Services Outsourcing (Pg 7 – 26)
By Ronan McIvor, Cambridge University Press
•Global outsourcing and its impacts on organisations: problems and issues
18. How has BPO give rise to economic
superpowers leaching and over-
exploiting labour and sucking the last
bit of resources out from the resource-
rich and relatively less developed
nations where factor prices remain
comparatively low?
19.
20. The Globalisation of Nike
1.How far is the success story of Nike a microcosm of the rapid expansions of MNCs worldwide?
2.What are some of the problems highlighted in the video surrounding this rapid expansion as a
result of globalisation?
Take note of the definitions of useful key terms highlighted in the video.
21.
22. Compulsory Reading Articles
1.Bangladesh Pollution, Told in Colors and Smells
(NYTimes)
2.What is the impact of globalisation on the environment
(Economic Globalisation Origins and consequences,
OECD)
23. There’re ample examples of MNCs mistreating cheap labours and over-
exploiting natural resources through unethical practices, but it is important to
relate back to how globalisation has been a driver of such phenomena.
24. Extended Reading Package:
•H&M: How ethical are your clothes?
By Lucy Siegle for The Observer
•Land of Wandering Souls - Globalization: Between Fairness and Exploitation
By Richard Behar
•Globalization and Child Labor: The Cause Can Also be a Cure
By Susan Ariel Aaronson, Yale Center for the Study of Globalization
•The Push & Pull of Globalization How the Global Economy Makes Migrant Workers Vulne
By Neha Misra, Solidarity Center Senior Program Officer, Africa
25.
26.
27. Spectrum overview on food market (Perspective:
Globalisation and its impact on different components)
28. Subsistence Growth
Domestic Consumption
RISING Global Demands due to exponential rate of population growth
Over-
exploitation of in less-developed, resource-rich nations? [Economy] ; Shorter fallow period
Environment degradation over
time?
Globalisation and its effect on:
• Bilateral and Multi-lateral trade agreements
[Global economy / Politics]
• Mode (method) and efficiency of
transportation
• Widespread of knowledge on process
innovation (food storage & preservation)
[Technology / Communication]
• Marketing strategies [Global economy]
• Food security
• Mass Production: Implications on
Food safety (Increasing the concern
in modern world)
• Variety and choices
• Changing tastes & preferences;
Adopted different consumption
habits Cultural shift
http://hybrid.nanobioart.com/sites/default/files/u192/Beef%20Production.JPG
29.
30. The Globalization of “Fast Food”. Behind the Brand: McDonald’s
Biggest fast food chain in the world, with 32,000 outlets in 117 countries
One of the world’s biggest coffee retailers
Provides employment to a staggering 1.7 million people, and in the first three months of 2011 alone it made $1.2bn in
profits
“Golden arches’ shine”
The production of much of the raw products which go into McDonald’s meals, from burger patties to sauces,
is subcontracted to different suppliers, making it impossible to assess the company in terms of a single golden
standard.
All of UK’s burgers: Germany’s Esca Food Solutions, which claims to maintain rigorous standards at its abattoirs and
production plants, and which works closely with 16,000 independent farmers in the UK and Ireland to maintain high
standards.
Fish used in Filet-O-Fish and Fish Finger meals in Europe: Sustainable fisheries certified by the Marine Stewardship
Council.
Fries: McCain’s, the world’s biggest potato supplier, and McDonald’s claims that the vast majority are produced in the
UK, again by independent farmers.
Bread for buns and muffins: Single unnamed supplier based in Heywood, Manchester, and Banbury, Oxfordshire.
Chicken eggs as well as meat in Chicken McNuggets and similar meals: From two suppliers, Sun Valley in the UK
and Moy Park in Northern Ireland, who are in turn owned by the controversial American firm, Cargill, and Brazil’s
Marfrig.
Up to 90 per cent of the meat it uses in the UK is sourced from Cargill and Marfrag facilities in Thailand and Brazil.
http://www.globalresearch.ca/the-globalization-of-fast-food-behind-the-brand-mcdonald-s/25309
33. * Does not take into account rate of inflation (sustained increased in General Price Level in a country for ≥ 2 consecutive quarters).
X ∆ R: Value of one’s domestic currency in relation to another country’s country, i.e. Purchasing Power of one’s currency, or the value of goods per unit of
one’s currency can buy in foreign economies.
36. The neck-breaking rate of globalisation in our twenty-first century world
is indeed an unprecedented one. Food producers and suppliers no longer
confine themselves to serving the domestic consumers. Instead, they
prance into the global arena, venture on what seems like greener pastures
to them and reach out to please taste buds of millions worldwide.
Noteworthy successes in global marketing and product branding are
easily observable in Singapore, which has been repeatedly crowned to be
one of the most globalised countries in the world, according to surveys by
KOF Index of Globalisation (see next slide). From rapidly expanding fast-
food and cafés franchises, restaurant chains serving international
delicacies, to an influx of foreign agricultural products in our local
supermarkets after trade agreements have been endorsed, impact of
globalisation on food is closely tagged to our daily lives, and this
worldwide phenomenon should never be under-valued. It is slowly but
surely altering the way the world population consume, and the way we live.
39. • Globalisation has enabled the global sales of films, TV
and media products
• People all around the world are now feeding on
Western, and increasingly Korean and Japanese, media
for entertainment and information purposes.
• Our diet for foreign media outputs have bestowed
these media exporting countries with the soft power
to dictate global issues.
• Unified world culture that consists of watered-down
versions of regional cultural trends.
• Proponents argue that this only affects things like
consumer goods and the media, while critics worry that
it weakens traditional culture.”
40. Consider the global reach of companies such as Disney, News Corporation and
Time Warner. Their products can be seen globally facilitated by satellite
and the Internet.
Does globalisation cause an
increasing danger of local
cultures becoming eroded and
replaced with a single ‘standard’
culture?
Cultural
Homogenisatio
n
41. Cultural Imperialism:
Process at which one country dominates other countries’ media consumption
and consequently dominates their values and ideologies.
- Cultural homogenisation from the economic-political perspective
USA dominates world media with 85% global film market and
68% of the TV market.
Is the American values and ideologies subtly imposed upon the
rest of the world through media texts and videos?
42. Reception Theory:
Argument that audiences are not
passive observers. They are
capable of discernment and
attaching their own meanings to
media texts.
Audience responses to global
media are highly differentiated
depending on which country they
are viewed in.
Compulsory Reading Article:
Does globalization mean we will become one culture?
(By Mark Pagel for BBC)
43.
44. Internet has been the great equalizer
Whether you are a university professor with a high speed Internet
connection or a poor kid in Asia with access to an Internet café,
you have the same basic access to research information. The
Internet puts an enormous amount of information at our fingertips.
Essentially, all of the information on the Internet is available to
anyone, anywhere, at anytime. It is a tool that connects people
worldwide.
45. Advancements in technology have made it far easier and quicker for
communication to take place between remote locations, it has therefore
shattered spatial limitations.
The implications of this advancement, which accelerated rapidly from the
industrial revolution and continued throughout the previous century, can
be seen everywhere in today’s society.
For example, messengers on horseback became replaced by postal vans,
which in turn we may see completely replaced by email, each being faster
and more convenient than their respective predecessors. The rapidity
with which information can now be moved around the globe has to be a
primary concern when considering globalisation, which is the phenomenon
of social, technological, economic and political homogenisation,
hybridisation and/or interconnection occurring on a global scale.
47. Question to ponder:
1.How far is technology a game-changer in the politics of globalisation?
2.Is technology often (mis)used as a vehicle to demonstrate one’s ideologies, garner
global supports and propel one’s career?
49. Globalisation (Terrorism)
• Globalisation creates a situation where those that perpetrate terrorism
(be it a state or a non-state group) may be motivated by the inability to
find success in the international commercial arena (or even success
locally). This lack of success may create an inability to provide for oneself
or one’s family, thus creating a need to place blame upon some external
entity. Violence towards the entity may be one way that such states or
individuals relieve that pent-up frustration.
Compulsory Reading Article:
Does globalization mean we will become one culture?
(By Mark Pagel for BBC)
Compulsory Reading
Article:
The Connection Between Glo
50.
51. • Globalisation by itself, is a generic and vague term. It is therefore
important for one to identify the scope of discussion.
• It is critical to differentiate the phenomena of globalisation from the
outcomes of globalisation (eg. Environmental Degradation).
• Due to its nexus nature, the cause-effect fineline of globalisation may
be blurred. (Eg: Improved multi-lateral relations between countries may be both a cause and an effect
of globalization). And so are the key issues pertaining to it.
• This is a shrinking world. Small is the new big.
“Globalisation has enhanced trade relations and transportation of commodities. In view of the soaring world demands for
biofuels, corn and soybean producers are now turning away from selling their yields for consumption purposes.”
Economic (opportunity cost of food consumption)
Environment (Fallow period; degradation; Renewable fuels)
Food security
52. "To think that the world will one day become a global village
is utter nonsense." What do you think?
(HCI Prelim 07)
Question Analysis:
•Global Village: Without political boundaries, everyone is friendly towards
each other. Integrated.
•Utter Nonsense: Absolute. Rubbish. Won’t come true.
Possible Stands:
a) It’s it not an utter nonsense and is absolutely possible.
b) The world can one day become a Global Village, only if…
c) Though it is possible, it is unlikely given…
d) Yes, it is an utter nonsense, poisonous ideal spewed from the mouths
of Fools.
53. "To think that the world will one day become a global
village is utter nonsense." What do you think?
(HCI Prelim 07)
Possible Arguments:
i) Historical trends suggests the possibility of different countries and
states united and becoming one after wars and conflicts(e.g. US &
China’s history). Fortunately for us, we now have international
conventions to reduce such perilous and tragic events, like the UN and
International Court of Justice. This will facilitate the way towards a global
integration
ii) Current trends and problems like environmental degradation,
terrorism, are major roadblocks, feeding on globalisation itself, to
prevent the world from becoming a global village.
iii) The development of technology and increasingly educated civilians,
could solve our problems and help humanity reach a higher level of
enlightenment. Then, earth can truly become a global village.
54. Sample Paragraph:
Based on empirical data, the spread of culture, religion, and
technology, follows the flow of people. The introduction of exotic
spices and tea leaves from Asia to Europe, the spread of Christianity
and Buddhism across continents, and the increasing availability of
technology and knowledge through Internet. Once this diffusion of
reaches an equilibrium, culture across different locations of earth
would be similar with slight variations. However, this is a highly
ideological argument which is made unrealistic immediately when we
see the worrying problems plaguing mankind. Global warming,
depletion of resources, political strife...all of these are definitely
capable of undermining the efforts of globalisation in creating a global
village.
"To think that the world will one day become a global
village is utter nonsense." What do you think?
(HCI Prelim 07)
55. 1. How far do you agree that the costs of globalisation outweighs its
benefits?
2. Economic oligopoly is the root cause of rising poverty and
inequality around the world. Discuss.
3. Do you agree that globalisation is more of a curse than a
blessing?
4. “Unity is diversity”. Can this ever be achieved?
5. Discuss the view that globalisation poses more challenges than
opportunities.
6. Has globalisation brought about a more heterogeneous society or
56. • The impact of globalisation, free trade and technology on food and
nutrition in the new millennium
By Philip McMichael, from Department of Rural Sociology, Cornell
University
• Extract from United Nations Millennium Report
• Review of “The Incredible Shrinking World” (Fall 2005 Issue)
• What factors have contributed to globalisation in recent years?
By Maziar Homayounnejad, Queen Elizabeth's School, Barnet
• Globalisation has a darker side – and it’s a challenge to us all
By Iain Martin for The Telegraph