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Globalization Concept Map
15
TCW 1.0 Group 2
Globalization
Definitions
Globalization, just as there's multiple running arguments in the field, also has various definitions that captures the meaning of the subject.
Definitions
Why is it far from irreversible?
Far from irreversible
- Contradictory
- Puzzling Processes
What does it lead to?
What it leads to
- Interdependence
- Economics in Trade
- Finance
- Macroeconomic Policies
- Mutual Awareness
Cross-border Exchange & Advocacies
Cross-borders
- Exchange
- Goods, Money, Services,
Information, Culture,
People, Technology
- Advocacies
- Mutual Awareness, Human
Rights, Women's Rights,
Environment
Origin
Globalization started at the dawn of history and has since then made significant impact on the world and its people. The term was first used around the 1960s and now indicates the interaction of the whole world.
Social Movements
Social Movements
- 19th Century
- Abolition of Slavery
- Women Suffrage
- Emergence of Contemporary Transnational Advocacies
Nuclear Age
Nuclear Age
- 19th Century
- Emancipation of Colonies
- Renewed Trade & Investment Expansion
- End of WWII
- Rise of Neoliberal Ideaology
1875-1925
1875-1925
- Time Zones
- International Dateline
- Adoption of Gregorian Calendar
- International Telegraphic & Signaling Codes
Advantages
By connecting the world, globalization results to the acceleration of innovation and development, of which mutually benefits the international community.
Advantages
List of
Advantages
- Creates jobs
- Improves productivity
- Lowered prices
- Promotes peace
- Improved access to technology
Disadvantages
Disadvantages
While these issues are being addressed by various international social movements, laws & efforts, rapid changes caused by globalization also causes negative effects that cannot be mitigated and addressed instantaneously.
List of Disadvantages
List of Disadvantages
- Fuels inequality
- Leads to reduced public revenues
- Destroys the environment
- Leaves us vulnerable to infectious diseases
- Creates a race to the bottom