Essay for Master of Global Studies: How does 21st century globalization differ from 20th century globalization? Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well- being in societies around the world. The purpose of this essay is not to analyze any of these specific dimensions during the globalization shift from the 20th to 21st centuries. This essay, instead, focuses on how the interconnectedness of these dimensions drives the worldwide effects between
¨Globalization has become, ?farther, faster, cheaper, and deeper¨ as stated by the author Thomas Friedman. Modern day technology has been another main driver to increase education and communication between civilizations of different geographical settings, promoting the exchange of ideas, information and professional ?savoir-faire?, leading to greater productivity and quality outputs. The continuous evolution of technology provides people connectedness as well as being better informed, hence, being one of the main reasons for the growth of globalization. Moreover, it empowers global civilians to take possession of their economic lives, stay on top of international trends and settings. The Controversy There seems to be no adequate response as to whether globalization is an amazing development or a complete disaster, when searching for it?s centre of gravity.
However, in the last thirty years, some of these countries – particularly those of the BRICS (Brazil, Russia, India, China, and South Africa) – have seen rapid economic growth. China was one of the first of these countries to reform in the 1970’s, when it switched from a command economy to a mixed one. This led to unprecedented growth both in GNP and trade (Haas 15). However, one should not think that free trade is the universal solution to all economic problems. A good example of this is with Mongolia.
The global economy has been in a rapid growth in the last decades, although there has been periods of recessions, nonetheless it is undeniable that the produce and goods we enjoy today are only possible due to an intricate system of international commerce as well as the manufacturing capabilities of recently industrialized nations. However if we view the state of affairs a hundred years ago we recognize that there were significant developments in the early 20th leading till today. Colonialism and protectionism are the key traits of the global economy in early 20th century. Thanks to the increase in foreign investments, as well as the decrease in transportation costs, the European colonial powers shifted progressively towards its colonies to
China and India are seeking global influence commensurate with their economic weight; Brazil and South Africa are emerging as continental powerhouses, and hydrocarbon-fueled Russia is chafing at its status on the margins of the Western system. Not surprisingly, many think that the current international economic system is ready for a
Some researchers have gone this far, that they predict that global forces such as multinational companies and other global economics, global culture or different globalizing ideology are so strong that the question arises whether in further there is a chance for an existence of individual national states. Some of people lay great hopes on globalization as a panacea for the various distortions within the economic structure. On the other hand, others - anti-globalists - fiercely hate and abuse in every way all that is connected with the globalization. The subject of lively debates is everything - what globalization is, when it started: there are different views on whether a globalization is a phenomenon of the last few decades, whether the globalization occurred at the time when one nation could establish contacts with other people located on the opposite side of the globe. How does globalization relate to other processes in public life, what are its immediate and long-term consequences.
Globalization has made its way into the history of countries over the years due to the fact that it internationally integrates and interchanges different aspects of people, culture, views and products. This international integration has added to the advances of many sectors in countries both negatively and positively. But agriculture has sustained the world for millions of years and has been greatly influenced by globalization. Globalization has impacted agriculture where food is brought, produced and grown. These changes in agriculture due to globalization have immensely affected the environment and the economies of countries particularly in Central and Latin America.
The mass media have a fundamental impact on the processes of social transformation of society. Because of the spread digital methods in information flowing, a rapid access to the satellite and cable television technologies, as well as the development of transnational media corporations it can be seen an involvement of different parts of the world into a new reality of the information, which is characterized by an unprecedented opportunity to wide access to all sorts of information and knowledge. Dynamical processes of modern journalism development and globalization of information space have affected almost all countries, both developed and those which are faced with some problems of restructuring economic and political relations. Press, radio
INTRODUCTION Economic globalization spread the companies and people; some other drivers of globalization spread an even more important thing - ideas. Ideas are spread throughout the world; people speak much louder in today’s world and that’s one of the many prisms we can think about political globalization, politics are made by people, ideas and institutions and once barriers are less and less the global politics will arise more and more. The discussion is about if this two phenomenon’s are related in such a way that the more advanced and already established economic globalisation will be inevitably followed by a political globalisation. In fact, political globalisation is already, somehow provided by the emergence of some global institutions
The notion of an existing globality it is not a recent concept, it can be traced back in our history. The commercial and cultural exchanges are not something new, however, the notion of globalization came in to place in order to explain a number of revolutionary changes that led to the compression of time and space, reducing distances and creating a highly interconnected world that has eroded barriers and led to a certain homogenization of global time and space. The object of discussion of this essay is how globalization today is different from that of the XXth century. My argument will be that the difference between those two stages of globalization lies not only in the organization and structure of the global system itself but rather in the