Globalization
Process of expanding various socio-cutural and socio-ecological process from international and transparency cultural level
Extent globalization
Communication through modern technologies
Global Connected Index
Meaning of GCI?
Global Connected Index
Those are the flows and interconnections of a country to other global players through exchanges in trade, capital, people and information.
Socio-Economic changes in Globalization
Growth of trans and supra-teritorial connectivity
The shift from capitalism to hyper-capitalism focus on production
A move from nationalism toward identifying and hybridity
From nationalism toward knowledge flexibility
5 different focuses on globalization
Economic
Industrial
Political
Informal
Cultural
Scholte (2005)
He identifies the 4 keys shifts in society
Kriesler and Nevile
They are the one who highlight the positive economic impact of globalization such as on the level of employment and balance trade
Hebron and Stack (2016)
They noted the most definitions of globalization focused on the Economic and trade dimensions of the concept
GATT
General Agreement Tariff and Trades
WTO
World Trade Organization
The common Chracteristics in Globalization
Cross-boarder Connectivity of integration
Free-trade environment
Interdependency of nation
Husain (2011)
He identified the modern technology developments as a key driver of globalization that facilitated faster communication and access data or information
Sub-saharan
The world’s poor population