This presentation discusses globalization and whether it is good or bad. It defines globalization as the free movement of goods, services, capital, technology and information across borders. While globalization can create a worldwide market and foster development, it can also increase inequality and threaten social and cultural values. The presenters note globalization is like fire - it can be used constructively or destructively depending on how it is managed. They examine perspectives on globalization from both developed and developing countries like Nepal. The conclusion is globalization will contribute to sustainable development if its negative effects are addressed.

1. Welcome to our Presentation
PRESENTERS
Prakat Kafle ( Team Leader)
Bisho Joshi
Biswas Pandey
Kamal Paudel
Alisa Kandel
Pratima lamsal
Kabita Tiwari

2. GLOBALIZATION
Good or bad???
2

3. What is
Globalization??
 Free movement of goods,
services, people, capital,
technology and information
from one country to another
country on international level.
 Globalization is usually
referred to be driven by a
combination of economic,
technological, socio-
cultural,political and biological
factors.
 Globalization could also be
referred to the global spread of
3 ideas and languages.

4. GLOBALIZATION
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5. 5

6. Yesterday’s
Globalism…
In yesterday’s one-size-fits-all world, big
companies could often migrate
something that was a hit in the U.S. or
Europe by tweaking the language and
advertising .
Examples:
 Mercedes-Benz, traded on its reputation for
building highly engineered automobiles to drive
into foreign markets.
 Coca-Cola Co. and Marlboro cigarettes traded
on their “American-ness” to create large
overseas followings.
 Sony Corp. found that compact, economical,
6 and reliable electronics like the Walkman, struck
a chord with people everywhere.

7. Today’s Globalism…
Things have changed.
 No company can safely assume
there will be viable foreign markets
for an existing product.
 Any company seeking to expand
globally needs to ask if its offerings
are culturally and socially
appropriate for its targeted market.
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8. Globalization is much like
fire
FIRE ITSELF IS NEITHER GOOD NOR BAD .
 Used properly--it can cook food, sterilize equipment,
form iron, and heat our homes.
 Used carelessly-- fire can destroy lives, towns and
8 forests in an instant.

9. Globalization
good??????
 Worldwide market.
 Transfer of capital, technology,
management
 Development of trade.
 Increased employment
 Utilization of resources.
 Increase international relations.
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10. Globalization bad ???????
 Creating Larger Gaps in Classes
 Conflicts between classes
 Environmental degradation
 Threats to social and cultural values
 Exchange rates uncertainties
 Less reliable products
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11. Why is there global Inequality, and
Is it getting worse?
“The gap between the rich and poor nations of the world is
increasing…By the late 1990s the fifth of the world’s people
living in the highest-income countries had:
Example
 86% of world GDP—the bottom fifth just 1%.
 82% of world export markets—the bottom fifth just 1%.
 68% of foreign direct investment—the bottom fifth just 1%.
 74% of world telephone lines, today’s basic means of
communication—the bottom fifth just 1.5%.”
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12. Globalization index..
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13. KOF represents
Economic,
Social and
Political aspects of globalization.
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14. NEPALESE CONTEXT
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15. Conclusio
n
 In short Globalization is a gradual process and will
contribute in sustainable development of the global
community as a whole.
 It is essential to the growth of the economy in today’s
decline but its negative effects need to be evaluated.
As with most issues, the majority of
people will be in the middle. They will
see globalization not as something to
worship or demonize. Instead, they will
see it as something to mold, shape and
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manage for the betterment of everyone

16. So……
16 Thank You!!

17. References
 http://geography.about.com/od/globalproblemsandi
ssues/a/globalization.htm Accessed Date: 27th
July 2012
 http://wiki.answers.com/Q/What_does_KOF_in_K
OF_globalization_index_stand_for Accessed Date:
27th July 2012
 Debate: “Is globalization good or bad?” Final Exam
Review. 2012. www.google.com.
 Shrestha, S. 2012. Overview Of Global Business.
17 Lecture note, BBA 6th sem.