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globalization
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Theneutralityofthisarticleisdisputed.Pleaseseethediscussiononthetalkpage.Pleasedonotremovethismessageuntilthedisputeisresolved.(November2010)
Globalization(orglobalisation)describestheprocessbywhichregionaleconomies,societies,andcultureshavebecomeintegratedthroughaglobalnetworkofpoliticalideasthroughcommunication,transportation,andtrade.Thetermismostcloselyassociatedwiththetermeconomicglobalization:
theintegrationofnationaleconomiesintotheinternationaleconomythroughtrade,foreigndirectinvestment,capitalflows,migration,thespreadoftechnology,andmilitarypresence.[1]However,globalizationisusuallyrecognizedasbeingdrivenbyacombinationofeconomic,technological,sociocultural,political,andbiologicalfactors.[2]Thetermcanalsorefertothetransnationalcirculationofideas,languages,orpopularculturethroughacculturation.Anaspectoftheworldwhichhasgonethroughtheprocesscanbesaidtobeglobalized.
Contents
[hide]
1Definitions
2Effects
2.1Culturaleffects
2.2Negativeeffects
2.2.1Sweatshops
2.2.2Negativeeffectsofeconomicliberalization
2.2.3Braindrain
2.2.4Environmentaldegradation
2.2.5Foodsecurity
2.2.6Disease
2.2.7Drugandillicitgoodstrade
3Advocates
4Critics
5History
5.1Post-WorldWarII
6Measurement
6.1Internationalsocialfora
7Seealso
8References
9Furtherreading
10Externallinks
10.1Multimedia
[edit]Definitions
AccordingtotheOxfordEnglishDictionary,theword'globalization'wasfirstemployedinapublicationentitledTowardsNewEducationin1930,todenoteaholisticviewofhumanexperienceineducation.[3]AnearlydescriptionofglobalizationwaspennedbytheAmericanentrepreneur-turned-ministerCharlesTazeRussellwhocoinedtheterm'corporategiants'in1897,[4]althoughitwasnotuntilthe1960sthatthetermbegantobewidelyusedbyeconomistsandothersocialscientists.Thetermhassincethenachievedwidespreaduseinthemainstreampressbythelaterhalfofthe1980s.Sinceitsinception,theconceptofglobalizationhasinspirednumerouscompetingdefinitionsandinterpretations,withantecedentsdatingbacktothegreatmovementsoftradeandempireacrossAsiaandtheIndianOceanfromthe15thcenturyonwards.[5]
TheUnitedNationsESCWAsaysglobalization"isawidely-usedtermthatcanbedefinedinanumberofdifferentways.Whenusedinaneconomiccontext,itreferstothereductionandremovalofbarriersbetweennationalbordersinordertofacilitatetheflowofgoods,capital,servicesandlabor...althoughconsiderablebarriersremaintotheflowoflabor...Globalizationisnotanewphenomenon.Itbegantowardstheendofthenineteenthcentury,butitsloweddownduringtheperiodfromthestartoftheFirstWorldWaruntilthethirdquarterofthetwentiethcentury.Thisslowdowncanbeattributedtotheinward-lookingpoliciespursuedbyanumberofcountriesinordertoprotecttheirrespectiveindustries...however,thepaceofglobalizationpickeduprapidlyduringthefourthquarterofthetwentiethcentury..."[6]
HSBC,theworld'slargestbank,operatesacrosstheglobe.[7][8]ShownhereistheHSBCGlobalTechnologyCentreinPune,IndiawhichdevelopssoftwarefortheentireHSBCgroup.[9]
TomJ.PalmeroftheCatoInstitutedefinesglobalizationas"thediminutionoreliminationofstate-enforcedrestrictionsonexchangesacrossbordersandtheincreasinglyintegratedandcomplexglobalsystemofproductionandexchangethathasemergedasaresult."[10]
ThomasL.Friedmanhasexaminedtheimpactofthe"flattening"oftheworld,andarguesthatglobalizedtrade,outsourcing,supply-chaining,andpoliticalforceshavechangedtheworldpermanently,forbothbetterandworse.Healsoarguesthatthepaceofglobalizationisquickeningandwillcontinuetohaveagrowingimpactonbusinessorganizationandpractice.[11]
HermanE.Dalyarguesthatsometimesthetermsinternationalizationandglobalizationareusedinterchangeablybutthereisasignificantformaldifference.Theterm"internationalization"(orinternationalisation)referstotheimportanceofinternationaltrade,relations,treatiesetc.owingtothe(hypothetical)immobilityoflaborandcapitalbetweenoramongnations.[citationneeded]
Finally,TakisFotopoulosarguesthatglobalizationistheresultofsystemictrendsmanifestingthemarketeconomy'sgrow-or-diedynamic,followingtherapidexpansionoftransnationalcorporations.Becausethesetrendshavenotbeenoffseteffectivelybycounter-tendenciesthatcouldhaveemanatedfromtrade-unionactionandotherformsofpoliticalactivity,theoutcomehasbeenglobalization.Thisisamulti-facetedandirreversiblephenomenonwithinthesystemofthemarketeconomyanditisexpressedas:
economicglobalization,namely,theopeningandderegulationofcommodity,capitalandlabourmarketswhichledtothepresentformofneoliberalglobalization;politicalglobalization,i.e.,theemergenceofatransnationaleliteandthephasingoutoftheallpowerfulnation-stateofthestatistperiod;culturalglobalization,i.e.,theworldwidehomogenisationofculture;ideologicalglobalization;technologicalglobalization;socialglobalization.[12]
[edit]Effects
Globalizationhasvariousaspectswhichaffecttheworldinseveraldifferentways
Industrial-emergenceofworldwideproductionmarketsandbroaderaccesstoarangeofforeignproductsforconsumersandcompanies.Particularlymovementofmaterialandgoodsbetweenandwithinnationalboundaries.Internationaltradeinmanufacturedgoodsincreasedmorethan100times(from$95billionto$12trillion)inthe50yearssince1955.[13]China'stradewithAfricarosesevenfoldduring2000-07alone.[14][15]
Financial-emergenceofworldwidefinancialmarketsandbetteraccesstoexternalfinancingforborrowers.Bytheearlypartofthe21stcenturymorethan$1.5trillioninnationalcurrenciesweretradeddailytosupporttheexpandedlevelsoftradeandinvestment.[16]Astheseworldwidestructuresgrewmorequicklythananytransnationalregulatoryregime,theinstabilityoftheglobalfinancialinfrastructuredramaticallyincreased,asevidencedbytheFinancialcrisisof2007–2010.[17]
Asof2005–2007,thePortofShanghaiholdsthetitleastheWorld'sbusiestport.[18][19][20]
Economic-realizationofaglobalcommonmarket,basedonthefreedomofexchangeofgoodsandcapital.[21]Theinterconnectednessofthesemarkets,however,meantthataneconomiccollapseinoneareacouldimpactotherareas.[citationneeded]Withglobalization,companiescanproducegoodsandservicesinthelowestcostlocation.Thismaycausejobstobemovedtolocationsthathavethelowestwages,leastworkerprotectionandlowesthealthbenefits.ForIndustrialactivitiesthismaycauseproductiontomovetoareaswiththeleastpollutionregulationsorworkersafetyregulations.
AlmostallnotableworldwideITcompanieshaveapresenceinIndia.FourIndianswereamongtheworld'stop10richestin2008,worthacombined$160billion.[22]In2007,Chinahad415,000millionairesandIndia123,000.[23]
HealthPolicy-Ontheglobalscale,healthbecomesacommodity.IndevelopingnationsunderthedemandsofStructuralAdjustmentPrograms,healthsystemsarefragmentedandprivatized.Globalhealthpolicymakershaveshiftedduringthe1990sfromUnitedNationsplayerstofinancialinstitutions.Theresultofthispowertransitionisanincreaseinprivatizationinthehealthsector.Thisprivatizationfragmentshealthpolicybycrowdingitwithmanyplayerswithmanyprivateinterests.Thesefragmentedpolicyplayersemphasizepartnershipsandspecificinterventionstocombatspecificproblems(asopposedtocomprehensivehealthstrategies).Influencedbyglobaltradeandglobaleconomy,healthpolicyisdirectedbytechnologicaladvancesandinnovativemedicaltrade.Globalpriorities,inthissituation,aresometimesatoddswithnationalprioritieswhereincreasedhealthinfrastructureandbasicprimarycareareofmorevaluetothepublicthanprivatizedcareforthewealthy.[24]
Political-someuse"globalization"tomeanthecreationofaworldgovernmentwhichregulatestherelationshipsamonggovernmentsandguaranteestherightsarisingfromsocialandeconomicglobalization.[25]Politically,theUnitedStateshasenjoyedapositionofpoweramongtheworldpowers,inpartbecauseofitsstrongandwealthyeconomy.WiththeinfluenceofglobalizationandwiththehelpofTheUnitedStates’owneconomy,thePeople'sRepublicofChinahasexperiencedsometremendousgrowthwithinthepastdecade.IfChinacontinuestogrowattherateprojectedbythetrends,thenitisverylikelythatinthenexttwentyyears,therewillbeamajorreallocationofpoweramongtheworldleaders.Chinawillhaveenoughwealth,industry,andtechnologytorivaltheUnitedStatesforthepositionofleadingworldpower.[26]
Amongthepoliticaleffectssomescholarsalsonamethetransformationofsovereignty.Intheiropinion,'globalizationcontributestothechangeandreductionofnomenclatureandscopeofstatesovereignpowers,andbesidesitisabilateralprocess:
ontheonehand,thefactorsarestrengtheningthatfairlyunderminethecountries'sovereignty,ontheother–moststatesvoluntarilyanddeliberatelylimitthescopeoftheirsovereignty'.[27]
Informational-increaseininformationflowsbetweengeographicallyremotelocations.Arguablythisisatechnologicalchangewiththeadventoffibreopticcommunications,satellites,andincreasedavailabilityoftelephoneandInt