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The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
The historical origins of globalization (also known as historical globalization) are the subject of ongoing debate. Though many scholars situate the origins of globalization in the modern era (around the 19th century), others regard it as a phenomenon with a long history, dating back thousands of years (a concept known as archaic globalization).
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...
Under Three Flags: Anarchism and the Anti-Colonial Imagination is a 2006 book by Benedict Anderson on the intersection of Philippine nationalism and late 19th century anarchism. It was later republished as The Age of Globalization: Anarchists and the Anti-Colonial Imagination. [1]
Courtyard of the Amsterdam Stock Exchange, c. 1670. Although the 16th, 17th and 18th centuries saw a rise in Western imperialism in the world system, the period of proto-globalization involved increased interaction between Western Europe and the systems that had formed between nations in East Asia and the Middle East. [1]
George Modelski. George Modelski was Professor of political science in the University of Washington. [4] Modelski was a professor there from 1967 to 1995. [1]Before working at the University of Washington, Modelski was a senior research fellow at the Institute of Advanced Studies at the Australian National University.
Modernisation refers to a model of a progressive transition from a "pre-modern" or "traditional" to a "modern" society. [1]The theory particularly focuses on the internal factors of a country while assuming that, with assistance, traditional or pre-modern countries can be brought to development in the same manner which more developed countries have.