Globalization

1. Globalization
Ursei Vlad, Gama Vladimir,
Savin Florin
8218

2. What is Globalization?
• Globalization (or globalisation) is the process of international
integration arising from the interchange of world views, products,
ideas and other aspects of culture.
Advances in transportation and telecommunications infrastructure,
including the rise of the telegraph and its development
the Internet, are major factors in globalization, generating
further interdependence of economic and cultural activities.
• Though scholars place the origins of globalization in modern times,
others trace its history long before the European Age of Discovery
and voyages to the New World. Some even trace the origins to the
third millennium BCE.Large-scale globalization began in the 19th
century.In the late 19th century and early 20th century, the
connectedness of the world's economies and cultures grew very
quickly.

3. The term globalization
• The term 'globalization', first used "in education to describe the global life
of the mind; in international relations to describe the extension of the
European Common Market; and in journalism to describe how the
‘American Negro and his problem are taking on a global significance’
", developed its contemporary meaning in the 1970s, and has been
increasingly used to describe planetary-wide relations since
the. Economists were central in this early stage.In 2000, the International
Monetary Fund (IMF) identified four basic aspects of globalization:
• trade and transactions,capital and investment movements, migration and
movement of people, and the dissemination of knowledge.Further,
environmental challenges such as global warming, cross-
boundary water and air pollution and over-fishing of the ocean are linked
with globalization.Globalizing processes affect and are affected
by business and work organization, economics, socio-cultural resources,
and the natural environment.

4. Silk Road
• Humans have interacted over
long distances for thousands of
years. The overland Silk
Road that connected Asia,
Africa, and Europe is a good
example of the transformative
power of translocal exchange
that existed in the "Old World".
Philosophy, religion, language,
the arts, and other aspects of
culture spread and mixed as
nations exchanged products and
ideas.The development of new
forms of transportation has
increased rapid rates of global
interchange.

5. Etymology and usage
• The term globalization is derived from the word globalize, which
refers to the emergence of an international network of economic
systems.One of the earliest known usages of the term as a noun
was in a 1930.Since its inception, the concept of globalization has
inspired competing definitions and interpretations, with
antecedents dating back to the great movements of trade and
empire across Asia and the Indian Ocean from the 15th century
onwards.Due to the complexity of the concept, research projects,
articles, and discussions often remain focused on a single aspect of
globalization

6. Economic globalization
• Economic globalization is the increasing economic interdependence
of national economies across the world through a rapid increase
in cross-border movement of goods, service, technology and
capital.Whereas the globalization of business is centered around
the diminution of international trade regulations as well as tariffs,
taxes, and other impediments that suppresses global trade,
economic globalization is the process of increasing economic
integration between countries, leading to the emergence of a global
marketplace or a single world market.

7. Anti-global governance
• Beginning in the 1930s,
opposition arose to the idea of a
world government, as advocated
by organizations such as
the World Federalist Movement
(WFM). Those who oppose global
governance typically do so on
objections that the idea is in-
feasible, inevitably opressive, or
simply unnecessary.In general,
these opponents are wary of the
concentration of power or wealth
that such governance might
represent. Such reasoning dates
back to the founding of
the League of Nations and, later,
the United Nations