This document discusses the history and concepts of economic globalization. It defines economic globalization as the increasing interdependence of world economies through cross-border trade, capital flows, and spread of technologies. Key points include:
- International organizations like the IMF and World Bank help facilitate global economic cooperation and stability.
- International trade routes like the Silk Road date back millennia, though globalization accelerated in the late 20th century.
- The Bretton Woods system established rules for international monetary management in the postwar era. This system tied currencies to gold and aimed to reduce economic nationalism.
- Neoliberalism advocates free movement of goods, capital and services across borders, while limiting state intervention in markets
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries, therefore, it is very important to understand the "why, where, what and how" of our current situation.
This course introduces students by examining the multifaceted phenomenon of globalization. The focus on these issues is a multidimentional approach that integrates political, economic, historical geographical and sociological perspectives that created an increasing awareness of the interconnected- ness of peoples and places around the globe. The Contemporary World course is designed to provide students with an understanding of world events. To this end, the course provides an overview of the various debates in global governance, development, and sustainability. Beyond exposing the student to the world outside the Philippines, it seeks to inculcate a sense of global citizenship and global ethical responsibility.
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries, therefore, it is very important to understand the "why, where, what and how" of our current situation.
This course introduces students by examining the multifaceted phenomenon of globalization. The focus on these issues is a multidimentional approach that integrates political, economic, historical geographical and sociological perspectives that created an increasing awareness of the interconnected- ness of peoples and places around the globe. The Contemporary World course is designed to provide students with an understanding of world events. To this end, the course provides an overview of the various debates in global governance, development, and sustainability. Beyond exposing the student to the world outside the Philippines, it seeks to inculcate a sense of global citizenship and global ethical responsibility.
The Contemporary World: Globalization of World PoliticsRommel Regala
This course introduces students to the contemporary world by examining the multifaceted phenomenon of globalization. Using the various disciplines of the social sciences, it examines the economic, social, political, technological, and other transformations that have created an increasing awareness of the interconnectedness of peoples and places around the globe. To this end, the course provides an overview of the various debates in global governance, development, and sustainability. Beyond exposing the student to the world outside the Philippines, it seeks to inculcate a sense of global citizenship and goal ethical responsibility.
In this module, you will journey to the very heart of this course: you will be asked to identify the challenges posed by globalization and consider responses to these challenges as demonstrated by experiences on the ground. For this purpose, students will produce case studies of communities (in the Philippines and other countries) experiencing the impact of globalization and their respective responses to issues that arise. There are global-civic societies engaged in advocacies relating to climate and environmental protection, for example, human trafficking across borders, the application of advances in science and technology to serve some of the world’s poorest communities, and so on. There are, too, communities that have managed, in varying degrees of success, to deal with the effects, good and bad, of globalization.
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a presentation for this (pptx format). Kindly Search it here in my profile or you can click this link https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a material for this one in a "PDF" format. Kindly Search it here in my profile or you can click this link: https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
The Contemporary World: Globalization of World PoliticsRommel Regala
This course introduces students to the contemporary world by examining the multifaceted phenomenon of globalization. Using the various disciplines of the social sciences, it examines the economic, social, political, technological, and other transformations that have created an increasing awareness of the interconnectedness of peoples and places around the globe. To this end, the course provides an overview of the various debates in global governance, development, and sustainability. Beyond exposing the student to the world outside the Philippines, it seeks to inculcate a sense of global citizenship and goal ethical responsibility.
In this module, you will journey to the very heart of this course: you will be asked to identify the challenges posed by globalization and consider responses to these challenges as demonstrated by experiences on the ground. For this purpose, students will produce case studies of communities (in the Philippines and other countries) experiencing the impact of globalization and their respective responses to issues that arise. There are global-civic societies engaged in advocacies relating to climate and environmental protection, for example, human trafficking across borders, the application of advances in science and technology to serve some of the world’s poorest communities, and so on. There are, too, communities that have managed, in varying degrees of success, to deal with the effects, good and bad, of globalization.
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a presentation for this (pptx format). Kindly Search it here in my profile or you can click this link https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a material for this one in a "PDF" format. Kindly Search it here in my profile or you can click this link: https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
International economic integration is a fundamental aspect of globalization, although it's essential to remember that globalization encompasses more than just economics. While economics is a significant part of globalization, it's not the entire picture. Economic globalization plays a crucial role in facilitating global culture and politics. Trade allows for the exchange of cultural products, like movies and music, and is intertwined with political diplomacy, often serving as a basis for international relations.
Given the importance of economic globalization, it's vital to consider how to make the system more equitable. While some aspects of global free trade can be adjusted, it cannot be completely eliminated. International policymakers should focus on making trade deals fairer and ensuring that governments find ways to mitigate the negative impacts of economic globalization while making sure its benefits are accessible to all.
Global education and current trends from social abstract for the paperAmarwaha
The last century intense with a dream and aspirations and major social experiments has ended with general collapse of initiative for social transformation and total disillusionment with efforts of ‘development’ of the so called ‘developing’ nations. The so called victorious ideology-capitalism- has sought to consolidate its triumph with a call for ‘globalization’ for freeing of market, for unchecked hunting by private capital within and across nations with total disregard for the sovereignty rights of nations across the world. Globalization did not develop evenly: indeed, it was accompanied by inequality and conflict. The global development of economic and social relations has been paralleled by wide disparities between North and South.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
2. At. The end of this lesson, you should be
able to;
1. Define economic globalization
2. Identify the actors that facilitate
economic globalization
3. Narrate a short history of global market
integration in the twentieth century
4. Articulate your stance on global
economic integration
LEARNING OUTCOMES
5. An international organization,
headquartered in
Washington, D.C., consisting
of 189 countries working to
foster global monetary
cooperation, secure financial
stability, facilitate
international trade, promote
high employment and
sustainable economic growth,
and reduce poverty around
the world while periodically
depending on the World Bank
for its resources
INTERNATIONAL MONETARY FUND
6. The oldest known
international trade route
was Silk Road- a pathways
in the ancient world that
spanned from China to
what is nOw the MIDDLE
EAST ( Western Asia) to
Europe.
Traders used the silk road
regularly from 130BCE
when the Chinese Han
dynastry opened trade to
the West until 1453 BCE
when the Ottoman Empire
closed it.
INTERNATIONAL TRADING SYSTEM
7.
8. When the Spaniards came to the Philippines, our ancestors
were already trading A Spanish Galleonwith China, Japan,
Siam, India, Cambodia, Borneo and the Moluccas. The Spanish
government continued trade relations with these countries,
and the Manila became the center of commerce in the East.
The Spaniards closed the ports of Manila to all countries
except Mexico. Thus, the Manila–Acapulco Trade, better
known as the "Galleon Trade" was born. The Galleon Trade
was a government monopoly. Only two galleons were used:
One sailed from Acapulco to Manila with some 500,000 pesos
worth of goods, spending 120 days at sea; the other sailed
from Manila to Acapulco with some 250,000 pesos worth of
goods spending 90 days at sea.
THE GALLEON TRADE 1565–1815
9. It also allowed modern, liberal ideas to enter the country,
eventually inspiring the movement for independence
from Spain. And because the Spaniards were so engrossed in
making profits from the Galleon Trade, they hardly had any
time to further exploit our natural resources.
10. Basco’s Reforms
Filipino farmers and traders finally had a taste of prosperity
when Governor General Jose Basco y Vargas instituted reforms
intended to free the economy from its dependence on Chinese
and Mexican trade. Basco implemented a
“general economic plan” aimed at making the Philippines self
sufficient. He established the “Economic Society of Friends of
the Country”, which gave incentives to farmers for planting
cotton, spices, and sugarcane;
encouraged miners to extract gold, silver, tin, and copper; and
rewarded investors for scientific discoveries they made.
ECONOMIC REFORMS IN THE
PHILIPPINES
11. Tobacco Monopoly
The tobacco industry was placed under government control
during the administration of Governor General Basco. In 1781, a
tobacco monopoly was implemented in the Cagayan Valley, Ilocos
Norte, Ilocos Sur, La Union, Isabela, Abra, Nueva Ecija, and
Marinduque. Each of these provinces planted nothing but tobacco
and sold their harvest only to the government at a pre-
designated price, leaving little for the farmers. No other province
was allowed to plant tobacco. The government exported the
tobacco to other countries and also part of it to the
cigarette factories in Manila.
The tobacco monopoly successfully raised revenues for
the colonial government and made Philippine tobacco famous all
over Asia. Continue to Secularization of Priests During the
Spanish Period.
ECONOMIC REFORMS IN THE
PHILIPPINES
12. The Bretton Woods system of monetary management
established the rules for commercial and financial relations
among the United States, Canada, Western European
countries, Australia, and Japan after the 1944 Bretton Woods
Agreement.
The Bretton Woods system was the first example of a fully
negotiated monetary order intended to govern monetary
relations among independent states. The chief features of the
Bretton Woods system were an obligation for each country to
adopt a monetary policy that maintained its external
exchange rates within 1 percent by tying its currency to gold
and the ability of the International Monetary Fund (IMF) to
bridge temporary imbalances of payments. Also, there was a
need to address the lack of cooperation among other
countries and to prevent competitive devaluation of the
currencies as well.
THE BRETTON WOODS SYSTEM
13. The Bretton
Woods agreement
was created in a 1944
conference of all of the
World War II Allied
nations. It took place
in Bretton Woods, New
Hampshire. Under the
agreement, countries
promised that their
central banks would
maintain fixed exchange
rates between their
currencies and the dollar
THE BRETTON WOODS AGREEMENT
14.
15. The Bretton Woods Institutions are the World Bank and the
International Monetary Fund (IMF). They were set up at a meeting
of 43 countries in Bretton Woods, New Hampshire, USA in July
1944. Their aims were to help rebuild the shattered postwar
economy and to promote international economic cooperation.
The original Bretton Woods agreement also included plans for an
International Trade Organisation (ITO) but these lay dormant
until the World Trade Organisation (WTO) was created in the
early 1990s.
The creation of the World Bank and the IMF came at the end of
the Second World War. They were based on the ideas of a trio of
key experts – US Treasury Secretary Henry Morganthau, his chief
economic advisor Harry Dexter White, and British economist John
Maynard Keynes. They wanted to establish a postwar economic
order based on notions of consensual decision-making and
cooperation in the realm of trade and economic relations. It was
felt by leaders of the Allied countries, particularly the US and
Britain, that a multilateral framework was needed to overcome
the destabilising effects of the previous global economic
depression and trade battles.
WHAT ARE THE BRETTON WOODS
INSTITUTIONS?
16. Neoliberalism, promotes, above
all, total freedom of movement
for capital, goods and services.
It advocates the opening of
economies, and competition in
the world market in conditions
of absolute freedom. To achieve
this, it attempts to remove
controls on prices. Labor, in
contrast, is the only commodity
which is not considered free in
the market, due supposedly to
the need for permanent extra-
economic state regulation to
reduce its cost. This regulation
can include everything from
legal measures, to the
repression of strikes and the co-
optation of union leaders.
NEOLIBERALISM AND ITS DISCONTENTS
17. Neoliberalism would eliminate the regulatory functions of the
state and promote the denationalization and privatization of
its goods and services. Instead of the state, it favors using the
market to determine distribution and stimulation. The
invisible hand of the market is to take care of the movement
of resources, the growth in productivity, the renovation of
technology, and the reinforcement of comparative
advantages. However, once the state is reduced and
weakened, the national economy's capacity to withstand
external economic pressures is diminished, because only the
state could have sufficient control over resources and
regulatory mechanisms to soften the blow. To attenuate the
negative social consequences of the model, neoliberals have
designed certain instruments and escape valves, such as the
negotiation of conflict (firm or flexible, according to the case),
the growth of the informal economy, and programs of social
assistance which are more propagandistic than effective.
18. The 2008 global financial
crisis was the
consequence of
financialization or the
creation of massive
fictitious financial wealth,
and of the hegemony of a
reactionary ideology,
namely, neoliberalism,
based on the self-
regulated and efficient
markets. ... These were
the “neoliberal years of
capitalism”.
THE GLOBAL FINANCIAL CRISIS AND THE
CHALLENGE TO NEOLIBERALISM
19.
20. Economic globalization refers to the increasing interdependence
of world economies as a result of the growing scale of cross-
border trade of commodities and services, flow of international
capital and wide and rapid spread of technologies. It reflects the
continuing expansion and mutual integration of market frontiers,
and is an irreversible trend for the economic development in the
whole world at the turn of the millennium.
The rapid growing significance of information in all types of
productive activities and marketization are the two major driving
forces for economic globalization. In other words, the fast
globalization of the world’s economies in recent years is largely
based on the rapid development of science and technologies, has
resulted from the environment in which market economic system
has been fast spreading throughout the world, and has
developed on the basis of increasing cross-border division of
labor that has been penetrating down to the level of production
chains within enterprises of different countries.
ECONOMIC GLOBALIZATION TODAY
21. national attributes in the systemic
international nature followed its
effects broadly explaining
different foreign policy.
Regardless the objective to posit
how change in these in FP
direction but rather than to show
how the particular value of these
variables leads to probability
distribution over certain type of FP
choices, national attributes and
foreign policy typically relative
while considering the power of the
state, which is including elements:
natural resources, size, geography,
demography, etc.
THE ATTRIBUTES OF TODAY GLOBAL
SYSTEM
22. five reliable factors within the system :
Increase capabilities, but negotiate rather than fight
Fight rather than fail to increase capabilities
Stop fighting rather than eliminate an essential actor
Oppose any coalition or single actor that tends to assume a
position of predominance within the system
Constrain actors who subscribe to supranational
organizational principles
Permit defeated essential actors to reenter the system as
acceptable role partners, or act to bring previously inessential
actors within an essential actor classification, treat all
essential actors as acceptable role partners.
FIVE RELIABLE FACTORS WITHIN THE
SYSTEM :
23. Internationalism is a
political principle that
advocates greater
political or economic
cooperation among
states and nations. It is
associated with other
political movements and
ideologies, but can also
reflect a doctrine, belief
system, or movement in
itself
INTERNATIONALISM
24. Free Trade! What is it?
Why, breaking down
the barriers that
separate nations; those
barriers behind which
nestle the feelings of
pride, revenge, hatred
and jealously, which
every now and then
burst their bounds and
deluge whole countries
with blood
FREE TRADE
26. Cosmopolitanism, the
view that all human
ethnic groups belong
to a single community
based on a shared
morality as opposed
to communitarianism,
patriotism and
nationalism
COSMOPOLITANISM