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Globalization is sometimes perceived as a cause of a phenomenon called the "race to the bottom" that implies that to minimize cost and increase delivery speed, businesses tend to locate operations in countries with the least stringent environmental and labor regulations. Pressure to do this is increased if competitors lower costs by the same means.
Technology is an impact that created a bridge that diffused the globalization of culture. It brings together globalization, urbanization and migration and how it has affected today's trends. Before urban centers had developed, the idea of globalization after the Second World War was that globalization took place due to the lifting of state ...
This was the intro to a tirade on globalization's harmful effects and a defense on the withdrawal of the United States from various U.N. councils. More broadly, many Americans have a feeling of being forgotten or swept up by globalization and its lasting effects, according to a survey conducted by the Pew Research Center. [12]
Globalization is a diverse phenomenon that relates to a multilateral political world and to the increase of cultural objects and markets between countries. The Indian experience particularly reveals the plurality of the impact of cultural globalization. [105] Transculturalism is defined as "seeing oneself in the other". [106]
Hyper-globalization is the dramatic change in the size, scope, and velocity of globalization that began in the late 1990s and that continues into the beginning of the 21st century. It covers all three main dimensions of economic globalization , cultural globalization , and political globalization .
Political globalization is the intensification and expansion of political interrelations around the globe. [2] Aspects of political globalization include the modern- nation state system and its changing place in today's world, the role of global governance , and the direction of our global political systems.
[d] Some scholars have suggested that the inequality gap between the Global North and the Global South has been narrowing due to the effects of globalization. [8] Other scholars have disputed this position, suggesting that the Global South has instead become poorer vis-à-vis the Global North in this same timeframe. [9] [10] [11]
Since globalization is not an independent phenomenon but is highly interrelated with world views, products, ideas, and other aspects of culture, explanations of why globalization occurs and what the effects of globalization are or can be expected are related to theories ranging from economic development to revolutionary socialism.