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REGIONAL ECONOMIC
DEVELOPMENT
- GLOBALISATION AND WORLD
REGION -
NAME: SOFEA ADLIN BINTI MUHAMAD BAHAR
CONTENT
BIL TOPIC SLIDES
1. GLOBALISATION 3
2. CHARACTERISTIC OF GLOBALISATION 4
3. FACETS OF GLOBALISATION 5
4. LOCALISATION 6
5. FACETS OF LOCALISATION 7
GLOBALISATION
 The process of increased interconnection among countries mostly in the
areas of economics, politics and culture.
 Economic globalization involves the integration and exchange of capital,
technology and information across country borsers, it also affect society,
culture, politics and the natural environment.
CHARACTERISTIC
 ImprovedTechnology inTransportation &Telecommunication
- example: phone, instant message, fax or video
 The spread of Knowledge and Information
- sharing of ideas, lifestyles of people and culture
 Non-Govermental Organizations (NGOs) and Multinational Corporation
- deal with issues such as global climate change, energy use
FACETS OF GLOBALISATION
Spread of ideas, technologies
Flows of goods and services
Uncontrollable negatives
LOCALISATION
Occurs as an increasing or a strengthening of local tradition in
resistance to the globalisation practice.
Some people consider globalisation as a danger to cultures,
economies, politics, and environments
FACETS OF LOCALIZATION
Political
nationalism
Religious
differences
Resistance to
economic
globalization
Customs and
practices that
preserve local
identities
Regional economic development

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