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Some special features of globalization in
present days

Growing interdependence of all processes
 Establishing of a global financial-economic
area
 Information technologies - WWW
 Change in the state’s functions – vanishing
of the national boarders
 Universality of the world – dissemination of
the democratic system and socio – cultural
values

FLOWS OF GLOBALIZATION
SUB.

Trade

Migration

Telecommunications

Nature

Flows of physical
goods

Flows of people

Types

Raw materials,
energy, food, parts
and consumption
goods

Permanent,
temporary (migrant Communication, power
workers), tourism,
exchanges, symbolic
business
exchanges
transactions

Medium

Transport modes and
terminals (freight)

Transport modes
and terminals
(passengers)

Transport modes and
terminals (postal),
telecommunication
systems

Network

Hub and spoke with
interconnections

Hub and spoke

Redundant and diffuse
(point to point)

Main
Gateways

Ports

Airports

Global cities

Speed

Low to average

Slow to fast

Instantaneous

Capacity

Very large

Large

Almost unlimited

Flows of information
Impact on Social
 Positive effects
 Increased cultural
exposure and
understanding
 Closer cross-border
ties



Negative effects
 More mobility disrupts
social life, particularly
in remote or rural
communities
 Disintegration of local
communities
 Cultural
homogenization and
monoculture / reduced
cultural diversity
Impact on the Economy


Positive effects
 More efficient use
of resources
 Increased demand
for and transfer of
more efficient
technologies
 Increased incomes
lead to greater
concern for
environmental
protection

 Increased consumption
 Advertising creates
artificial needs
 Greater use of fossil
fuels (increased travel)
 Increased surplus and
scarcity
 Increased degradation
from unregulated
businesses
 More factories require
more infrastructure
Impact on the Politics


Positive effects
 Increased

economic
development
 Expanded
infrastructure
 Transfer of
modern
management
techniques
 Greater
interdependence
among business
partners

o Negative

effects

 MNC power increased
 MNCs externalize cost to
countries
 Competition results in
too many concessions
 MNCs influence local
policies
 Companies incorporate
in low tax countries
 Pressure to reduce social
benefits
.
Globalisation by Alphin Mathew George
Globalisation by Alphin Mathew George
Globalisation by Alphin Mathew George

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Globalisation by Alphin Mathew George

  • 1.
  • 2.
  • 3. Some special features of globalization in present days Growing interdependence of all processes  Establishing of a global financial-economic area  Information technologies - WWW  Change in the state’s functions – vanishing of the national boarders  Universality of the world – dissemination of the democratic system and socio – cultural values 
  • 4.
  • 5.
  • 6. FLOWS OF GLOBALIZATION SUB. Trade Migration Telecommunications Nature Flows of physical goods Flows of people Types Raw materials, energy, food, parts and consumption goods Permanent, temporary (migrant Communication, power workers), tourism, exchanges, symbolic business exchanges transactions Medium Transport modes and terminals (freight) Transport modes and terminals (passengers) Transport modes and terminals (postal), telecommunication systems Network Hub and spoke with interconnections Hub and spoke Redundant and diffuse (point to point) Main Gateways Ports Airports Global cities Speed Low to average Slow to fast Instantaneous Capacity Very large Large Almost unlimited Flows of information
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Impact on Social  Positive effects  Increased cultural exposure and understanding  Closer cross-border ties  Negative effects  More mobility disrupts social life, particularly in remote or rural communities  Disintegration of local communities  Cultural homogenization and monoculture / reduced cultural diversity
  • 12. Impact on the Economy  Positive effects  More efficient use of resources  Increased demand for and transfer of more efficient technologies  Increased incomes lead to greater concern for environmental protection  Increased consumption  Advertising creates artificial needs  Greater use of fossil fuels (increased travel)  Increased surplus and scarcity  Increased degradation from unregulated businesses  More factories require more infrastructure
  • 13. Impact on the Politics  Positive effects  Increased economic development  Expanded infrastructure  Transfer of modern management techniques  Greater interdependence among business partners o Negative effects  MNC power increased  MNCs externalize cost to countries  Competition results in too many concessions  MNCs influence local policies  Companies incorporate in low tax countries  Pressure to reduce social benefits
  • 14.
  • 15. .