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

Regional economic development