Reviewer On Globalization
Reviewer On Globalization
What is Globalization?
Globalization is the process of different countries becoming more connected through trade,
communication, travel, and technology. It allows people, ideas, goods, and services to move
easily across borders. Because of globalization, cultures mix, businesses expand worldwide, and
technology spreads faster.
1. Economic Globalization – Businesses and markets from different countries trade goods
and services.
o Example: The Philippines exports bananas to Japan, while Filipinos buy iPhones
made in the U.S. and China.
2. Cultural Globalization – People share traditions, food, and entertainment across the
world.
o Example: K-Pop music is popular worldwide, and McDonald's serves food in
many countries with local flavors.
3. Technological Globalization – The internet and modern technology make it easier to
communicate and access information.
o Example: Social media like Facebook, Instagram, and TikTok allow people from
different countries to interact instantly.
4. Political Globalization – Countries work together to solve global problems.
o Example: The United Nations (UN) helps countries discuss climate change,
human rights, and world peace.
5. Environmental Globalization – Countries share responsibility for protecting the
environment.
o Example: Nations create agreements to reduce pollution and fight climate change.
6. Social Globalization – People can travel, study, and work in different countries.
o Example: Many Filipinos work as nurses abroad, and international students study
in other countries.
• Gio (from the Philippines) and Latif (from Malaysia) met at an international event in
Australia.
• Latif knew about Filipino TV shows like Pangako Sa’yo, showing how culture spreads.
• Gio learned about Malaysian food like laksa, and later, he started cooking it at home.
• Even when they returned to their home countries, they stayed connected through
Facebook and Instagram.
• Later, they both moved to Singapore, where they met again and continued their
friendship.
Effects of Globalization
✅ Positive Effects
✔ More job opportunities and economic growth.
✔ Faster spread of new ideas and technology.
✔ Better cultural understanding and diversity.
✔ Easier travel and communication worldwide.
❌ Negative Effects
✖ Rich countries benefit more than poor countries.
✖ Some local businesses struggle to compete with international companies.
✖ People lose traditional cultures and values due to Western influence.
✖ Unequal access to technology and opportunities.
Globalization affects our daily lives in many ways, from the food we eat to the technology we
use. It helps countries share ideas and grow, but it also creates challenges like job loss and
cultural changes. Understanding globalization allows us to adapt, make better choices, and
appreciate different cultures while keeping our own traditions alive.
Economic globalization is the process of different countries becoming connected through trade,
investment, and technology. It allows businesses to sell goods and services across borders,
making economies more linked than ever before. The International Monetary Fund (IMF)
defines economic globalization as the result of human innovation and technological progress,
leading to the increased movement of goods, services, and money worldwide.
• An ancient trade route connecting China, the Middle East, and Europe.
• Allowed the exchange of silk, spices, and other valuable goods.
• Connected the Philippines and Mexico through the Spanish-controlled trade route.
• Considered the start of true economic globalization.
• Promoted neoliberalism, which encouraged free trade, minimal government control, and
privatization of industries.
• Some policies led to economic growth, but others increased inequality.
• A major economic crash caused by risky banking practices in the U.S. housing market.
• Affected many countries, leading to high unemployment and financial instability.
• The Galleon Trade (1571) made the Philippines one of the earliest participants in global
trade.
• Today, the Philippines is a major exporter of electronics, coconut products, and labor
(OFWs).
• Many foreign companies operate in the country, but local industries sometimes struggle
due to competition.
✅ Positive Effects
✔ More job opportunities due to foreign investments.
✔ Access to more products and services from around the world.
✔ Faster economic growth and development.
❌ Negative Effects
✖ Rich countries benefit more than developing countries.
✖ Some local businesses struggle to compete with global brands.
✖ "Race to the Bottom" – Some countries lower labor and environmental standards to attract
investors.
Economic globalization has changed how countries trade, work, and grow. While it has led to
faster economic progress, it has also created challenges like inequality and unfair trade
practices. The key is to find a balance—ensuring that all countries, businesses, and people
benefit from a connected world.
Global politics is the study of how countries interact with one another through trade, diplomacy,
war, and international agreements. It examines how states work together or compete in global
affairs. Some scholars study internal politics (how a country is governed), while others focus on
international relations (how countries interact).
Nation State
A group of people with a shared identity, A political entity with a government, laws,
culture, language, and history. territory, and sovereignty.
Example: The Bangsamoro in the Philippines is Example: The Philippines is a state with a
a nation with a unique identity. government and defined borders.
What is Internationalism?
Internationalism is the idea that countries should work together rather than act alone.
✅ Types of Internationalism:
1. Liberal Internationalism – Supports democracy, free trade, and cooperation (e.g., the
UN, European Union).
2. Socialist Internationalism – Focuses on global economic equality and workers’ rights
(e.g., Karl Marx’s ideas, the Soviet Union).
• Sovereignty remains important, meaning countries make their own decisions without
outside interference.
• "Great Powers" still have influence (e.g., the UN Security Council has permanent
members with veto power).
• Global conflicts and cooperation continue, with organizations working to maintain
peace.
International relations have evolved over time, from wars and empires to cooperation and
diplomacy. While sovereignty remains important, globalization has made countries more
connected than ever. The challenge today is to balance national interests with global
cooperation to maintain peace and progress.