GLOBALIZATION AND ITS EFFECTS IN THE DEVELOPMENT OF THE MODERN ECONOMY AND POLITICS

3. Globalization is a process of
economic, political and
cultural integration and
unification.
Globalization involves many
countries and majority of
huge enterprises.

4. The perspective of a
person who defines
globalization shapes its
definition.
Globalization is the
debate and the debate is
globalization.
Globalization is a reality.

5.  The movement towards the
expansion of economic and
social ties between countries
through the spread of
corporate institutions and the
capitalist philosophy that
leads to the shrinking
of the world in economic
terms.

6.  The literature on the
definitions of globalization
revealed that it can be
classified as narrow and
exclusive or broad and
inclusive.
“Globalization means the
onset of borderless
world.”(Ohmae 1992)

7. “The characteristics of
globalization trend include the
internationalizing of production, the
new international division of labor,
new migratory movements from
South to North, the new competitive
environment that accelerates this
processes, and the
internationalizing of the state,
making the states into agencies of
the globalizing world.”(Robert Cox)

8. The perspective of a
person who defines
globalization shapes its
definition.
Globalization is the
debate and the debate is
globalization.
Globalization is a reality.

10. Globalization And Its Effects To
World Politics
Globalization And Its Effects On
Economics
Globalization In Relation To Culture
and Communication

11. Various Forms Of Connectivity
Brought About By Globalization
Expansion And Stretching Of Social
Relations
Intensification And Acceleration Of
Social Exchanges And Activities

13. SHORT QUIZ
 Increase in employment opportunities
 Increase in free trade
 Education
 Faster flow of Information
 Increase in quality of goods and
services
 Decrease in prices of goods and
services
 Reduction in cultural barrier

14. SHORT QUIZ
 Environmental degradation
 Unfair working conditions
 Fall in employment growth rate
 Growing disparity among the rich
and the poor
 Small scale industries face extinction
 Rapid spread of deadly diseases

15. Main Advantages of Globalization
Advantages
Developing
international
trade and
companies
Enhancing
information
speed
Reducing
the
probability
of
beginning a
war

16. Main Disadvantages of
Globalization
Disadvantages
Unemployment
Great
dependence
of one
country on
others
Extreme
pollution of
enviroment

17. Contemporary Global
GovernanceGlobalization as a
phenomenon, its causes and
consequences.
 Advantages and disadvantages of
globalization.
 Implications of globalization.

18. Conclusion
 Globalization needs permanent
control from the governments.
 Globalization affects all people’s
lives.
 Globalization has both advantages
and serious disadvantages.
 Reducing the impact of negative
sides of globalization is the main
target of modern scientists.