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CONTEMPORARY WORLD

What is CONTEMPORARY WORLD?

Refers to circumstances and ideas of the present age, where it deals with problems and issues related to
environment, population, wealth, power, tensions and conflicts.

Why study CONTEMPORARY WORLD?

a. To be aware about Contemporary World problems and issues that all societies must be

concerned.

b. To developed competencies and construct knowledge about problems and issues and become aware
of our roles and our responsibilities as citizen.

DEFINITION OF GLOBALIZATION

Globalization (Borderless) as defined by the World Health Organization It is the increased


interconnectedness and interdependence of people and countries, through opening of international
borders to increasingly fast flows of goods, services, finance, people and ideas and the changes in
institutions and policies of national and international levels that facilitates or promote such flows.

With the birth of Information Technology and the widespread of these makes the world interconnected
to each other, Because of these that anything and everything becomes global. Networking plays a pivotal
role in establishing relationship between nations in the world resulting to the introduction of new
normal Globalization.

Differences: Globalization, Internationalization and Westernization

To understand better, we should distinguish Globalization from the term Westernization to


Internationalization?

⚫ Globalization the speed up of movements and exchanges of human resources, goods and services
capital, technologies and cultural practices between countries in the world or expansion and
intensification of economic, political and social relations and consciousness across the world.

• Internationalization describes designing a product in a way that it may readily consumed across
multiple countries.

. Westernization is a process whereby societies come under or adopt western culture in areas such as
industry, technology, politics, economics, lifestyle, law, norms, mores, customs and traditions.
Examples of Globalization (Concept Map)

Because of trade developments and financial exchanges, we often think of globalization as an economic
and financial phenomenon. Nonetheless, it includes a much wider field than just flowing of goods,
services or capital. Often referred to as the globalization concept map some examples of globalization
are the following:

Economic globalization: is the development of trade systems within transnational actors such as
multinational corporations or NGOs,

Financial globalization: can be linked with the rise of a global financial system with international financial
exchanges and monetary exchanges. Stock markets, for instance, are a great example of the financially
connected global world since when one stock market has a decline, it affects other markets negatively as
well as the economy as a whole.

Cultural globalization: refers to the interpenetration of cultures which, as a consequence, the nations
adopt principles, beliefs, and costumes of other nations, losing their unique culture.

Political globalization: the development and growing influence of international organizations such as the
UN or WHO means governmental action takes place at an international level.

Sociological globalization: the integration of different cultures of different societies become possible.

Technological globalization: the phenomenon by which millions of people are interconnected because of
the power of the digital world via platforms such as Facebook, Instagram, Skype or Youtube.

Geographic globalization: is the new organization and hierarchy of different regions of the world that is
constantly changing. Moreover, with transportation, flying made so easy and affordable, apart from a
few countries with demanding visas, it is possible to travel the world without barely any restrictions or
less restrictions.

Ecological globalization: accounts for the idea of considering planet Earth as a single global entity-All
societies should protect since the weather affects everyone and we are all protected by the same
atmosphere. To this regard, it is often said that the poorest countries that have been polluting the least
will suffer the most from climate change.

THE BENEFITS OF GLOBALIZATION

Globalization has benefits that cover many different areas. It reciprocally developed economies all over
the world and increased cultural exchanges. It also allowed financial exchanges between companies.
Many people are nowadays citizens of the world. The origin of goods became secondary and geographic
distance is no longer a barrier for many services to happen.
Characteristics of Globalization.

According to Held and McGrew (ff00ff) a Globalization has several distinguishing characteristics.

1. Creation and Multiplication of connections: development and increasing social network and cultural
activities that led to the breaking of traditional norms and practices in the political, economic and
cultural realisms of most communities.

2. Expansion and Stretching of connections: social operations and corrections on how the financial
markets and trading operate around the globe like the operations of Economic Organizations like of WTO
ASEAN Economic Community, World Economic Forum and European Union that brought expansions
throughout the world.

3. Intensification and Acceleration of connections: human activities where it describes how the process
of world and individual connection works. The fourth Industrial Revolution is a concrete example where
Digital machines widely used in reaching every global events.

4. Consciousness and awareness of connections: the people as the primary actors of globalization is very
important on how they impact the growing outcomes and markers in globalization specially the
implications of their actions to the norms and practices of borderless world.

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