Group 1 Contemporary World Globalization
Group 1 Contemporary World Globalization
Group 1 Contemporary World Globalization
-OUR TEAM-
Aicel May T. Manusig Andrea M. Africa Atasha Kim V. Macaorog Albea Eunice P. Wines Charyl Easter O. Baldres
int r o d u c t i o n t o t h e
u d y o f g l o b a l i z a t i o n
s t
Presented by: Aicel May T. Manusig
A German–
American
economist named
Theodore Levitt
introduced the
what is term globalization.
globalization?
Globalization refers to how the
world has become more
connected economically,
politically, socially, and
culturally over time.
8 types of globalization
Increased Competition
Imbalanced Trade
ns of g t i o n Domestic Job Loss
co lob a liz a
Globalization is important because it opens many doors to various fields
of study. It broadens the educational horizons for students.
Technology in the world today has made it easier for students to find
more in-depth information that they are looking for to use for
educational purposes. Students can also learn more about other
countries because of the impact of globalization.
https://helpfulprofessor.com/types-of-globalization/
https://www.motionpoint.com/blog/advantages-and-disadvantages-of-globalization-preparing-for-
expansion/
https://www.khanacademy.org/humanities/whp-origins/era-7-the-great-convergence-and-divergence-
1880-ce-to-the-future/75-global-interactions-betaa/a/read-global-interactions-and-institutions-beta
GLOBAL
ECONOMY
ECONOMY
-Process or system by which goods and
services are produced,sold and bought in a
country or region.
GLOBAL ECONOMY
Economies of countries are more
connected from
extraction,production,distribution,
consumption and disposal or
goods and services.
ECONOMIC GLOBALIZATION
-Refers to the increasing independence of
world economies as a result of the growing
scale of cross-border trade of commodities
and services,flow of international capital and
wide and rapid spread of technologies.
TYPES OF
Protectionism
ECONOMIES
UNDER
ECONOMIC Trade
GLOBALIZATI
ON Liberalization
PROTECTIONISM
-a policy of systematic government
intervention in foreign trade with the
objective of encouraging domestic
production.This encouragement involves
giving preferential treatment to
domestic producers and discriminating
against foreign competitors.
ADVANTAGES
1.More jobs
2.More growth opportunities.
3.Lower imports
DISADVANTAGES
1.Increase in prices
2.Limited choices for
consumers.
3.Companies without
competition decline in quality.
TRADE LIBERALIZATION
-Countries sign free trade
agreements.
-Transportation and communication
advancements facilitate movement of
goods and services around the world.
ADVANTAGES
1.As it promotes free trade 3.Increase Capital
between and among Flow
countries .
2.Promotes efficient use
allocation of world
resources.
DISADVANTAGES
1. It can affect local business and their domestic
product
2. It can exploit the natural resources due the
competition and shallow environmental
policies in a country.
MARKET
INTEGRATION
MARKET INTEGRATION
• "It is a process which refers to the
expansion of firms by consolidating
additional marketing functions and
activities under a single managements"
(kohls and Uhl).
•Market integration refers to how easily
2 or more markets can trade with each
other
Three basic kind of market
Integration
1. UNITED NATIONS
3. INTERNATIONAL
MONETARY FUND
2. WORLD BANK
INTERNATIONAL ORGANIZATIONS THAT
GOVERNS INTERNATIONAL RELATIONS
4. WORLD TRADE
ORGANIZATION
5. WORLD HEALTH
ORGANIZATION
CONTEMPORARY
GLOBAL
GOVERNANCE
WHAT IS
GLOBAL GOVERNANCE?
• It refers to the various intersecting
processes that create world order.
• A former United
Nations High
Commissioner for
Refugees.
Antonio Guterres
UNITED NATIONS
MAIN ORGANS
6 UNITED NATIONS MAIN ORGANS
1.) General Assembly
2.) Security Council
3.) Economic and Social Council
4.) Trusteeship Council
5.) International Court of Justice
6.) The Secretariat
GENERAL ASSEMBLY
• The main deliberative
policy making body and
representative organ.
• Enrique A. Manalo is
the Permanent
Representative of the
Philippines to the UN.
SECURITY COUNCIL
• Considered as the
most powerful organ
• Consists of 15
member states (5
permanent, 10 elected
by GA for two-year
terms).
5 PERMANENT SECURITY COUNCIL
ECONOMIC AND SOCIAL
COUNCIL (ECOSOC) • The central body for
coordination, policy review,
policy dialogue, and
recommendations on social
and environmental issues
and the Implementation of
internationally agreed
development goals.
• Established in
1945 by UN
Charter, under
Chapter XIII.
THE SECRETARIAT
• Consists of the
Secretary-General and
10 thousands of
international UN staff
members.
• The Secretary General
is the UN Chief
Administrative Officer.
WHY IS IT IMPORTANT
TO HAVE A GLOBAL
GOVERNANCE?