An analysis of the social cultural and economic consequences of globalisation

Processes of globalisation, economic restructuring and urban redevelopment have placed events at the centre of strategies for change in cities.

An analysis of the social cultural and economic consequences of globalisation

Begin by opening your learning journal for this activity. Globalisation describes a world environment in which there is relatively free and frequent movement of goods, capital, people, information and ideas internationally.

The lessons in the previous activity were guiding students towards an understanding of some of the many consequences of globalisation.

This activity takes a step backwards and provides evidence and examples of globalisation, clarifies the different meanings of globalisation and the drivers behind the many globalising processes in the world.

We saw in the World Core Curriculum and the examples of global education, that globalisation can emphasize the sharing of cultural experiences and building a global culture of peace. However, it is economic globalisation that is of concern to many.

The economic processes of globalisation are not new, however. For thousands of years, people have been buying and selling to each other across great distances. However, not everyone benefited from these historical experiences of globalisation.

The Trans-Atlantic Slave Trade saw over ten million Africans shipped to the Americas in 35, voyages between the sixteenth and nineteenth centuries. While sending cottonsilkindigo dye and tea back to England, the Company made its greatest profits forcing Indian farmers to grow poppy flowers which were manufactured into opium in company-owned factories and then sold into China against the will of the Imperial government.

This eventually led to the Opium Wars between China between Britain. The 19th and early 20th Centuries were also a time of very rapidly increasing free movement of goods, capital and people.

New technology — in the form of the telegraph and steamships — made international communication and transportation much faster, easier and cheaper.

World Economic History Congress. Boston 2018 Advances in understanding, theory and measurement must necessarily proceed hand in hand. A companion article in this publication sets forth the urgent need for new theory in economics.
Glossary « Catholic Social Teaching Glossary Here you can find a list of Catholic Social Teaching terms used throughout the website.
Hofstede's cultural dimensions theory - Wikipedia Archaic globalization Archaic globalization conventionally refers to a phase in the history of globalization including globalizing events and developments from the time of the earliest civilizations until roughly the s. This term is used to describe the relationships between communities and states and how they were created by the geographical spread of ideas and social norms at both local and regional levels.
Have questions? With the resulting recession, many governments of the wealthiest nations in the world have resorted to extensive bail-out and rescue packages for the remaining large banks and financial institutions while imposing harsh austerity measures on themselves.
Hofstede's cultural dimensions theory - Wikipedia Between andhe executed a large survey study regarding national values differences across the worldwide subsidiaries of this multinational corporation:

Byalmost all of Africa, Asia, the Pacific and Latin America and the Caribbean had been colonized by European countries to advance their wealth and power.

This was achieved by using military power to rule colonies as sources as cheap, near slave labour and abundant, nearly free natural resources. These resources were sent to the factories in the colonial powers, where they underpinned the industrialisation and economic growth Europe and North America.

An analysis of the social cultural and economic consequences of globalisation

Despite becoming politically independent in the years after World War II, most former colonies remained tied into the global economy as suppliers of raw materials, low-paid labour and markets for manufactured imports.

Very few countries have been successful in breaking out of this pattern. This is the process known as neo-colonialism.

Economic globalisation has been advanced by five key factors in the past fifty years: To encourage economic growth and investment, governments have privatized many previously government owned services and industries and deregulated economic activity to allow market forces greater scope.

The lending and development policies of international agencies and banks, to open their economies to international goods, services, practices and ideas.

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Large multinational corporations have replaced governments as the vehicle for economic domination and many have grown to be larger and more powerful than most countries.Globalisation. The Compendium of the Social Doctrine of the Church () points out that globalisation has the power ‘to produce potentially beneficial effects for the whole of humanity’, as a result of the growth that has been made possible through the interplay between economic-financial globalisation and progress in technology.

(Compendium, paragraph ). CEPR organises a range of events; some oriented at the researcher community, others at the policy commmunity, private sector and civil society. Grave New World: The End of Globalization, the Return of History [Stephen D. King] on regardbouddhiste.com *FREE* shipping on qualifying offers.

A controversial look at the end of globalization and what it means for prosperity, peace, and the global economic order Globalization.

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Deposit scheme for ICSSR institutes, academics and other research institutes, colleges, Government Departments, RBI, RBI Regional Offices, NABARD. About the IMF. The International Monetary Fund (IMF) is an organization of countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

UNESCO | Teaching and Learning for a Sustainable Future | Module Globalisation