This presentation discusses globalization and its positive effects. It begins by defining globalization as the movement of people, goods, ideas and information across national boundaries. It then outlines some key characteristics of globalization, including increased trade, foreign direct investment, technology, and financial flows enabled by advances in information and communication technologies. The presentation also explores impacts of globalization such as economic growth, effects on different countries and people through job opportunities and mobility. Finally, it discusses some of the positive effects of globalization experienced in Bangladesh, including its impacts on communication, economy, and adoption of modern technology.

1. WELCOME TO THE
PRESENTATION

2. PRESENTED TO:
MD. ABDULLAH AL MAMUN
DEPARTMENT OF MANAGEMENT
BANGLADESH UNIVERSITY OF BUSINESS & TECHNOLOGY

3. PRESENTED BY:

4. GLOBALIZATION & ITS POSITIVE EFFECTS

5. FARHANA IQBAL ORNI

6. WHAT IS GLOBALIZATION?
Globalization involves the movement of people, goods,
ideas and information across national boundaries. It has
been defined as ‘the intensification of worldwide social
relations which link distant localities in such a way that
local happenings are shaped by events occurring many
miles away and vice versa. Globalization is not something
new.The social, artistic and commercial effects that
spread originally from Italy during the Renaissance
beginning what historians call ‘the early modern period’

7. WHAT IS GLOBALIZATION?
Today it is the globalization of production that is
most influential in influencing and building
relationships. This is based on the integration of
economic activities and economies on a world scale
which is being spearheaded by multinational
companies.

8. KEY CHARACTERISTICS OF
GLOBALIZATION:
TRADE:
It is considered to be a major characteristic of
globalization. Since 1986, it has consistently grown
significantly faster than world gross domestic product.

9. KEY CHARACTERISTICS OF
GLOBALIZATION:
FOREIGN DIRECT INVESTMENT(FDI):
The information and communications technology (ICT)
revolution helped with the declining transport costs
and made the growth of far-flung, multi-country based
production of goods and services both technically and
economically feasible. Production processes could be
located anywhere across the globe to exploit economic
advantages arising from differences in costs, factor
availabilities and the congeniality of the investment
climate. Components and parts can be easily
transported around the globe and assembled at will

10. Asma Ul Husna Oishi

11. KEY CHARACTERISTICS OF
GLOBALIZATION:
TECHNOLOGY:
The effects of this new technology have also spread
well beyond the realm of the economical field. The
same technology that enabled rapid economic
globalization has been exploited for general use by
governments, civil society and individuals. With the
spread of internet, email, low cost international
phone services, mobile phones and electronic
conferencing, the world has become more
interconnected due to globalization.

12. KEY CHARACTERISTICS OF
GLOBALIZATION:
FINANCIAL FLOWS:
Before globalization the world lived with a system of
separate national financial markets limited by
boundaries.Financial liberalization created the policy
environment expanded the capital mobility. But the increase
in capital flows was greatly boosted by the revolution in ICT.
This made possible the improved and speedier knowledge of
foreign markets, the development of “round the world and
round the clock” financial transactions, and the emergence
of new financial instruments, especially derivatives. By and
by all the international markets increased in the 1990s in the

13. Surma Akhter

14. IMPACTS OF GLOBALIZATION
ECONOMIC GROWTH:
Globalization’s impact on economic growth can be understood by the
major increases in worldwide trade and exchanges in an increasingly
open, integrated, borderless international economy. A remarkable
growth can be seen in such trade and exchanges, not only in traditional
international trade in goods and services, but also in exchanges of
currencies, in capital movements, in technology transfer, in people
moving through migration, and in information exchange.measuring the
extent of globalization is by counting the volume of international
financial transactions, with over $1.2 trillion flowing through New York
currency markets each day and with the volume of daily international
stock market transactions exceed this enormous amount.

15. IMPACTS OF GLOBALIZATION:
COUNTRIES:
The rise of India and China can be taken as a part of the big picture
which reveals highly uneven distribution of benefits of globalization. The
industrial countries, with their strong initial economic base, abundance
of capital and skill, and technological leadership, were well placed to
gain substantial benefits from increasing globalization. The effects of
globalization currently emanate most strongly from two main centers
Europe and the United States and increasingly, as their industrialization
proceeds also from India and China. Ripples of change from these
centers are beginning to affect even the smallest and most remote and
isolated communities all around the globe.

16. IMPACTS OF GLOBALIZATION:
PEOPLE:
People started to move into cities from the country side expecting more
jobs and facilities and to earn a good living. This can be taken as a key
feature of globalization and industrialism. With this social mobility
increases and new middle classes emerge with new values of aspirations
and ideas of personal responsibility.. Globalization creates many job
opportunities and causes erosion of jobs in the country and fuels
unemployment as well. Due to that people are often threaten to take
jobs abroad to save money, millions of employees often face the fear of
pay cuts and layoffs. Such unpredictable scenarios can cause serious
emotional unrest and can disorientate an individual.

17. Sultana Akhter

18. THE POSITIVE EFFECTS OF
GLOBALIZATION IN BANGLADESH
Impact of globalization is obvious in the following spheres :
• Impact On Communication :
With the impact of high-tech communication media and
ultramodern transportation facilities, the world has come closer.
Now we can learn instantly what is happening in the farthest
region. Countries of the world have become like families in a
village. They can share their joys and sorrows like next-door
neighbors.

19. THE POSITIVE EFFECTS OF
GLOBALIZATION IN BANGLADESH
• Impact On The Economy :
The Impact Of globalization on Bangladesh economy cannot be denied.
Like the developing countries of the world our country is getting benefit
out of border-less market. Our GDP has increased. Garment industries
are considered the foreign exchange earner. In terms of investment,
employment and exports, the functioning EPZs(Export Processing Zones)
have been greatly successful.

20. Jannatul Ferdous

21. THE POSITIVE EFFECTS OF
GLOBALIZATION IN BANGLADESH
Impact On Modern Technology :
Globalization is now largely based on a strong technological foundation. The
electronic transfer of information via the internet has now created an
instantaneous and inter-connected world of information resulting in a 24-hour
trading network. This technology has largely changed banking and financial
activities. Worldwide money transfer and transaction of businesses have now
become a matter of clicking the mouse of a computer. Some products like
software and TV schedules are also amenable to digital of electronic
transmission. We can now buy and sell goods through the electronic screen.

22. CONCLUSION
 The countries produce more and more goods and services
due to the competition, with that the productivity grows
more quickly. This leads the way to the economic growth
and the living standards can go up faster.
 Global competition and cheap imports keep a lid on prices,
so inflation is less like to derail economic growth.
 An open economy brings out fresh ideas from abroad.
 People get the chance to work abroad and earn more than
doing jobs in their own country.
 Unfettered capital flows give access to foreign investment
and keep interest rates low.

23. Thank You All

24. Any Question???