ccw quiz

Globalization

is the process by which people and goods move easily across borders.

Globalization

operates at multiple intersecting levels

Globalization

is the growing interconnectedness & interdependence of the world’s economies, culture, and population brought by cross border trade in goods and services, flow of investment, people and information

Globus

Greek word of “world”

ization

process

ECONOMIC CONCEPT

integration of markets, trade, and investments

CULTURAL ELEMENT

ideas and traditions are traded and assimilated

SILK ROAD

trade between China and Europe

GLOBAL VILLAGE

is created when distance and isolation no longer matter because people are connected by technology.

Global communication

has made it easier to see people on the other side of the world as a neighbor, instead of a stranger from a faraway land.

ECONOMIC PROCESS

integration of the national markets to a wider global market signified by the increased free trade

ACADEMIC DEFINITION (INTERDISCIPLINARY)

the expansion and intensification of social relations and consciousness across world time and across world—space (Manfred Steger)

EXPANSION

refers to both the creation of new social networks and the multiplication of existing connections that cut across traditional political, economic, cultural, and geographic boundaries.

INTENSIFICATION

refers to the expansion, stretching, and acceleration of the said networks. Not only are global connections, they are also becoming more closely—knit and expanding their reach.

GLOBALISM

widespread belief among powerful people that global integration of economic markets is beneficial for everyone, since it spreads freedom and democracy across the world (Manfred Steger)

Scapes

Different kinds of globalization occur on multiple and intersecting dimensions of integration (by Arjun Appadurai)

ETHNOSCAPE

global movement of people (OFW, Migrants, Tourist, Refugees, exchange students)

MEDIASCAPE

flow of culture, news from other country, entertainment, movement of media & information

TECHNOSCAPE

circulation of mechanical goods and software

FINANCESCAPE

global circulation of money

IDEOSCAPE

realm where political ideas move around

Thomas Friedman

Connection of markets, tech, communication. Makes the world feel smaller & connected

Mansfred Steger

people, ideas (cultural element) being more connected

Anthony Giddens

far away places feel close

Structures of Globalization

refers to the framework and processes that enable and define the increasing interconnected and interdependence of countries across globe.

Global Economy

refers to interconnected worldwide economic activities that transcend national borders, characterized by the free flow of goods, services, capital, and labor.

Interdependence

Countries rely on each other for resources, markets, and production.

Transnational Corporations

Companies that operate in multiple countries, playing a major role in global production and distribution.

Job Creation

TNCs build factories and offices in other countries, providing employment.

Technology Transfer

TNCs share modern machines and skills with local workers.

Boosts Trade & Investment

TNCs increase exports, imports, and foreign direct investment (FDI).

Improve Roads and Buildings

TNCs sometimes build roads, power plants, or internet services for their business, which locals can also use.

Exploitation

Workers in developing countries are sometimes paid low wages and work in poor conditions.

Dependency

Local economies can rely too much on TNCs, making them weak if the company leaves.

Environmental Damage

TNC factories and mining can cause pollution and destroy natural resources.

Global Supply Chains

The worldwide network of processes and resources involved in producing and distributing goods.

Global Supply Chains

It is the way products are made, moved, and sold by using parts, labor, and resources from different countries before reaching customers.

IPhones

Parts are made in Japan, Italy, and the USA, then assembled in the USA.

H&M clothing

Designed in Sweden, produced in Bangladesh and Vietnam, sold worldwide.

Affordability

Goods are made in different countries where it costs less, so products become cheaper and available worldwide.

Employment

Factories and companies open in poorer countries, giving people work and income.

Technology

Big companies bring new machines and teach workers modern ways of making products.

Financial Globalization

is the free movement of money, investments, and financial services across countries.

Financial Globalization

It connects global markets, allowing businesses and investors to trade and invest worldwide

Investing

Japanese investors buying shares in Tesla (USA).

Loans

World Bank giving loans to build roads and schools in Philippines.

Remittances

Overseas workers (OFWs) sending through international banks like Western Union.

Cryptocurrency Trading

People worldwide buying and selling Bitcoin across different countries.

Capital

More money flows into developing countries for business and infrastructure.

Growth

Countries can grow their economies faster through foreign investments.

Access

Businesses and individuals can easily borrow, invest, or raise funds globally.

Dependency

Some countries depend too much on money from other countries.

Instability

If investors pull out or there is a global crisis, the economy can suffer.

Inequality

Rich companies and investors earn more benefits than ordinary people.

Overseas Filipino Workers (OFWs)

Remittances from them are a significant source of foreign exchange, boosting the economy and supporting families.

Business Process Outsourcing (BPO)

The Philippines is a global ___ hub, attracting foreign investment due to skilled, English—speaking workforce and lower costs.

Foreign Direct Investment (FDI)

Companies like Samsung and Toyota building operations bring capital, technology, and jobs, integrating the economy into global production.

The Global Interstate System

refers to political and diplomatic relations between sovereign states and the international organizations they form, governing how countries interact and cooperate.

Sovereignty

Each state has supreme authority over its territory.

International Law

Rules governing the conduct of states.

International Organizations (IOs)

Institutions created by states (e.g., UN, ASEAN).

Diplomacy

Practice of conducting negotiations between states.

ASEAN Membership

The Philippines is a founding member of ASEAN, facilitating regional political, economic, and socio—cultural cooperation.

United Nations (UN) Involvement

Active UN member, contributing to peacekeeping and participating in agencies like UNICEF and WHO.

Territorial Disputes

like the West Philippine Sea highlight complexities, with the government using international law and diplomacy.

Market Integration

is the process where national or regional markets become increasingly interdependent and interconnected, often by reducing trade and investment barriers.

Removal of Trade Barriers

Eliminating tariffs and quotas on goods and services.

Harmonization of Regulations

Aligning standards across markets to facilitate trade.

Economic Blocs/Free Trade Areas

Groups reducing trade barriers among members (e.g., AEC, EU).

Global Supply Chains

Different parts of a product manufactured in various countries.

ASEAN Economic Community (AEC)

aims for a single market in Southeast Asia, easing movement of goods, services, and labor for Filipino businesses and consumers.

Impact on Local Industries

Entry of cheaper imports challenges local producers but benefits consumers with lower prices and more choices, fostering competitiveness.

Global Brands & Products

Presence of global brands like Coca—Cola and Apple in local markets is a direct result of market integration.

E—commerce & Digital Markets

Global e—commerce platforms allow Filipino consumers to buy from anywhere, blurring national market boundaries.

Contemporary Global Governance

involves various stakeholders managing common affairs and addressing transnational problems, not as a single government, but through collective decision—making.

Multi—stakeholder Approach

Involves states, IOs, NGOs, TNCs, and individuals.

Addressing Transnational Problems

Focuses on issues no single country can solve (e.g., climate change, pandemics).

Informal & Formal Mechanisms

Includes treaties, institutions, networks, and norms.

Challenges

Issues of sovereignty, power imbalances, and enforcement.

Climate Change Action

Philippines actively participates in global climate governance, signing agreements like the Paris Agreement and advocating for climate justice.

Human Rights Advocacy

Filipino civil society and government engage with international human rights bodies, drawing attention to local issues.

Disaster Risk Reduction & Aid

International aid organizations and foreign governments provide assistance during disasters, demonstrating global humanitarian action.

Global Health Initiatives

Participation in WHO programs to combat diseases, involving data sharing and global health protocols.

Combating Transnational Crime

Cooperation with Interpol and other countries to combat drug trafficking, human trafficking, and cybercrime.

Exclusive Economic Zone

EEZ

United Nations Convention on the Law of the Sea

UNCLOS

International Monetary Fund

IMF

World Bank

WB

World Trade Organization

WTO

World Health Organization

WHO

International Organization for Standardization

ISO

Association of Southeast Asia Nations

ASEAN

ASEAN Economic Community

AEC

ASEAN Harmonize Cosmetic Regulatory Scheme

AHCRS

Non Government Organization

NGO

European Union

EU

Group of 20

G20

19th Century

The time globalization is around