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Introduction to Globalization

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by

Jaclyn Greenman

on 4 May 2012

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Transcript of Introduction to Globalization

Globalization Overview Globalization the acceleration and intensification of the interaction and integration among the people, companies, and governments of different nations This Process Effects Economics Capital Goods/Services
Labor/people Technology Theories/
Implementation Systems Social/Cultural Macro Micro Political Local National International Environment Developed Nations
vs.
Emmerging Nations What are other terms for these nations? What do the terms "Developed"
and "Emerging" refer to? How about: "Majority Nations"
versus "Minority Nations"? What do these terms refer to? How do you define Globalization? Is it the Americanization and United States Dominance of World Affairs? (Option B)

OR

Is it the integration of economic, cultural, and politcal systems across the globe? (Option A) Is it a force for environmental devistation, exploitation of the developing world, and suppression of human rights? (Option B)

OR

Is Globalization a force for economic growth, prosperity, and freedom? (Option A) How old is globalization anyway? The Debate Influence of Values Tensions Individual choice
v
Social Choice Free Market
v
Government Intervention Local Authority
v
Global Authorities Balance between environmental protection and economic development Divergent National Interests and Global Cooperation? Reponsibility of Richer Nations? hi The Economy and Globalization Planned Economies Free Market

Marx Keynes Hayek/Smith What are examples of these two competing theories in the United States? In the World? NAFTA
Deficit Spending
-New Deal
-Great Society
-Stimulous Plan
Subsidies
War/RAND
-Research and Development
Space Program
Public Works
European Union Agricultural problem

A problem affecting farmers worldwide, although farmers in richer countries are often protected by subsidies. As economies grow, farmers’ incomes are left behind, compared with the incomes of other people, and they become relatively poorer Sam sits in the front across from Colin
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