Globalization (The Future of English by British Council)
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Globalization refers to the increasing share of economic activity that crosses national borders. Transnational corporations operate across many countries and can shift production between nations for cheaper costs. This global distribution of labor promotes the use of English as a common language for business. However, globalization is not creating monopolies and other world languages may still develop as lingua francas. It affects labor practices worldwide and more jobs now require English competency. While globalization impacts economies, politics and cultures, it also creates tensions between global and local forces.
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Globalization (The Future of English by British Council)
- 1. What is Globalization? It refers to the rapid increase in the share of economic activity taking place across national boundaries.
- 2. Transnational ownership •Many of the worlds largest corporations can hardly even be called multinational. rather they have become transnational. •Multinational enterprises that carry out business across national boundaries •The world largest TNCs are involved in the energy and chemical industry oil etc •The international activates of TNCs are tending to promote English.
- 3. Global distribution of labor •If production cost s in one country become too great ,production can be shifted to another part of the world. •Global distribution of labor Large corporations can shift production to countries with a cheaper. •This process promotes the English language.
- 4. Growing Complexification •Complexity of ownership is a necessary, but at first sight counter intuitive consequence of ownership. •Globalization is not as might be expected creating huge global monopolies. •World language may be developing on similar lines rather than English acquiring a monopoly position as a world lingua franca.
- 5. New Working Practices Globalization has a significant effect on labor practices .The global distribution of labor has led to a reduction of unskilled jobs in richer countries. More people in a wider variety of jobs require a greater competence in English.
- 6. The global-local tension Globalization is probably the most significant socio economic process affecting the world in the late 20th century. Its effects are felt not only in the economy but also politics and culture.