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Dimensions of
Globalization
GEd 104: The Contemporary World
Sidney Dominic C. Bonite
Lecturer II
Learning objectives
Synthesize the
definitions of
globalizations by
different
authorities;
1
Explain the different
attributes or
characteristics of
globalization;
2
Trace the
historical
periods of
globalization
3
Identify the
different
dimensions of
globalization;
4
Expound the major
ideological claims
of advocates of
globalism.
5
Advantages of
Globalization
Peaceful relations
with other countries
focusing on trade to
boost one’s economy
Generation of
numerous
employment
opportunities
Opportunities to
study abroad or to
learn new curriculum
Enhancement of the
quality of products
Cheaper prices
Easy access of
information
Advantages of Globalization
Various modes of transportation made available
Free trade in which a country does not levy taxes, duties, subsidies or
quota on the import/export of goods or services from other countries.
Increased of the number of tourists visiting different countries
Opportunity for corporate, national, and subnational borrowers to access
external finances
Disadvantages of Globalization
Health issues Loss of culture
Uneven
wealth
distribution
Environment
degradation
Disparity Conflicts
Cut-throat
competition
Dimensions of Globalizatio
1. Economic
Dimension
This refers to the extensive
development of economic
relations across the globe as a
result of technology and the
enormous flow of capital that
has stimulated trade in both
sources and goods.
• Major players in the current century’s global economic order
a. Huge international corporations (General Motors, Walmart, Mitsubishi, etc.)
b. International Economic Institutions (IMF, World Bank, The World Trade
Organization)
c. Trading systems
• The result of these powerful forces resulted in the wide gap between
the rich and the poor countries.
Major Sources of
Economic Growth
across Countries
1. Property rights
- Legal ownership of resources and how can they be used
2. Regulatory institutions
- SEC, BSP, PDIC, DoF,PSE, BoTr
3. Institutions for macro-economic
- Corporations, banks
4. Stabilization
5. Institutions for social influence
-educational, political, religion, etc.
6. Institutions for conflict management
2. Political
Dimension
This refers to an enlargement and
strengthening of political
interrelations across the globe.
Political Issues that Surface in this
Dimension
1. The principle of state sovereignty
2. Increasing impact of various
intergovernmental organization
3. Future shapes of regional and
global governance
• Example:
- Global cities like New York, London, Tokyo, and Singapore are closely
connected with one another than they are to various cities in their own
countries.
- European Union, United nations, NATO, The World Trade Organization
3. Cultural
Dimension
Increase in the amount of
cultural flows across the
globe. Cultural
interconnections are at the
foundations of
contemporary globalization.
Individualism and consumerism which
are the dominant cultural characteristics
of our age and the drive for economic
success stimulated by the internet and
other technological devices
In the dissemination of popular culture,
transactional media corporations play a
major role
• Media empires generated and
directed the extensive flow of
culture. Examples of these are Yahoo,
Google, Microsoft, and Disney.
• Advertisement plays an important
role in this cultural flow by featuring
various celebrities in the television
aside from transforming newscast
into entertainment show
• Cultural diversity often results hybridization
- a constructive interaction process
between global and local characteristics
which is often visible in food, music, dance,
film, fashion, and language
4. Religious
Dimension
• Religion is a personal or
institutionalized set of attitudes,
beliefs, and practices relating to or
manifesting faithful devotion to an
acknowledged ultimate reality or
deity .
• It is the most important defining
element of any civilization as
contrasted with race, language, or
way of life.
Roman Catholic
Teaching of
Globalization
1. Commitment to
universal human rights
2. Commitment to the
social nature of the
human person
3. Commitment to the
common good
4. Solidarity (The
principle of Solidarity
affirms that
membership in the
human family means
that all bear
responsibility for one
another.)
There are eight (8) principles
that summarize the Roman
Catholic Teachings.
5. Preferential option of the poor.
6. Subsidiary (The Catholic Church teaches that decisions should be made at the
lowest level in order to achieve the common good.
7. Justice
8. Integral Humanism- is concerned with the whole person
Justice is divided in three (3) categories:
1. Commutative justice
This aims at fulfilling the terms of contracts and other
promises on both personal and social level.
2. Distributive justice
This ensures a basic equity in how both the burden and
the goods of society are distributed and that ensures that
every person enjoys a basically equal moral and legal
standing apart from differences in wealth, privilege,
talent and achievements
3. Social justice
This refers to the creation of the conditions in which the
first two categories of justice can be realized and the
common good identified and defended.
5. Ideological Dimensions
Ideology is a system of widely shared ideas, beliefs, norms
and values among a group of people.
It is often used to legitimize certain political interests or to
defend dominant power structures.
Ideology connects human actions with some generalized
claims
Major Ideological Claims of Advocates of
Globalism
1. Globalization is about the liberalization and global integration of
markets
2. Globalization is inevitable and irreversible
3. Nobody is in charge of globalization
4. Globalization benefits everyone
5. Globalization furthers the spread of democracy in the world
6. Technological
dimension
• the increasing speed of
technological diffusion across the
global economy. It refers to the
spread of technologies around
the globe, and particularly from
developed to developing nations.
GLOBALIZATION_DIMENSIONS.pptx

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GLOBALIZATION_DIMENSIONS.pptx

  • 1. Dimensions of Globalization GEd 104: The Contemporary World Sidney Dominic C. Bonite Lecturer II
  • 2. Learning objectives Synthesize the definitions of globalizations by different authorities; 1 Explain the different attributes or characteristics of globalization; 2 Trace the historical periods of globalization 3 Identify the different dimensions of globalization; 4 Expound the major ideological claims of advocates of globalism. 5
  • 3. Advantages of Globalization Peaceful relations with other countries focusing on trade to boost one’s economy Generation of numerous employment opportunities Opportunities to study abroad or to learn new curriculum Enhancement of the quality of products Cheaper prices Easy access of information
  • 4. Advantages of Globalization Various modes of transportation made available Free trade in which a country does not levy taxes, duties, subsidies or quota on the import/export of goods or services from other countries. Increased of the number of tourists visiting different countries Opportunity for corporate, national, and subnational borrowers to access external finances
  • 5. Disadvantages of Globalization Health issues Loss of culture Uneven wealth distribution Environment degradation Disparity Conflicts Cut-throat competition
  • 7. 1. Economic Dimension This refers to the extensive development of economic relations across the globe as a result of technology and the enormous flow of capital that has stimulated trade in both sources and goods.
  • 8. • Major players in the current century’s global economic order a. Huge international corporations (General Motors, Walmart, Mitsubishi, etc.) b. International Economic Institutions (IMF, World Bank, The World Trade Organization) c. Trading systems • The result of these powerful forces resulted in the wide gap between the rich and the poor countries.
  • 9.
  • 10. Major Sources of Economic Growth across Countries 1. Property rights - Legal ownership of resources and how can they be used 2. Regulatory institutions - SEC, BSP, PDIC, DoF,PSE, BoTr 3. Institutions for macro-economic - Corporations, banks 4. Stabilization 5. Institutions for social influence -educational, political, religion, etc. 6. Institutions for conflict management
  • 11. 2. Political Dimension This refers to an enlargement and strengthening of political interrelations across the globe.
  • 12. Political Issues that Surface in this Dimension 1. The principle of state sovereignty 2. Increasing impact of various intergovernmental organization 3. Future shapes of regional and global governance
  • 13. • Example: - Global cities like New York, London, Tokyo, and Singapore are closely connected with one another than they are to various cities in their own countries. - European Union, United nations, NATO, The World Trade Organization
  • 14. 3. Cultural Dimension Increase in the amount of cultural flows across the globe. Cultural interconnections are at the foundations of contemporary globalization.
  • 15. Individualism and consumerism which are the dominant cultural characteristics of our age and the drive for economic success stimulated by the internet and other technological devices In the dissemination of popular culture, transactional media corporations play a major role
  • 16. • Media empires generated and directed the extensive flow of culture. Examples of these are Yahoo, Google, Microsoft, and Disney. • Advertisement plays an important role in this cultural flow by featuring various celebrities in the television aside from transforming newscast into entertainment show
  • 17. • Cultural diversity often results hybridization - a constructive interaction process between global and local characteristics which is often visible in food, music, dance, film, fashion, and language
  • 18. 4. Religious Dimension • Religion is a personal or institutionalized set of attitudes, beliefs, and practices relating to or manifesting faithful devotion to an acknowledged ultimate reality or deity . • It is the most important defining element of any civilization as contrasted with race, language, or way of life.
  • 19. Roman Catholic Teaching of Globalization 1. Commitment to universal human rights 2. Commitment to the social nature of the human person 3. Commitment to the common good 4. Solidarity (The principle of Solidarity affirms that membership in the human family means that all bear responsibility for one another.) There are eight (8) principles that summarize the Roman Catholic Teachings.
  • 20. 5. Preferential option of the poor. 6. Subsidiary (The Catholic Church teaches that decisions should be made at the lowest level in order to achieve the common good. 7. Justice 8. Integral Humanism- is concerned with the whole person
  • 21. Justice is divided in three (3) categories: 1. Commutative justice This aims at fulfilling the terms of contracts and other promises on both personal and social level. 2. Distributive justice This ensures a basic equity in how both the burden and the goods of society are distributed and that ensures that every person enjoys a basically equal moral and legal standing apart from differences in wealth, privilege, talent and achievements 3. Social justice This refers to the creation of the conditions in which the first two categories of justice can be realized and the common good identified and defended.
  • 22. 5. Ideological Dimensions Ideology is a system of widely shared ideas, beliefs, norms and values among a group of people. It is often used to legitimize certain political interests or to defend dominant power structures. Ideology connects human actions with some generalized claims
  • 23. Major Ideological Claims of Advocates of Globalism 1. Globalization is about the liberalization and global integration of markets 2. Globalization is inevitable and irreversible 3. Nobody is in charge of globalization 4. Globalization benefits everyone 5. Globalization furthers the spread of democracy in the world
  • 24. 6. Technological dimension • the increasing speed of technological diffusion across the global economy. It refers to the spread of technologies around the globe, and particularly from developed to developing nations.