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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]
The global financial crisis of 2007–2008 began in the United States and, although its effects were delayed in Brazil, there was a national economic slowdown. [16] [17] External Luiz Inácio Lula da Silva: 2014 Brazilian economic crisis
In economics, the new international division of labour (NIDL) is an outcome of globalization.The term was coined by theorists seeking to explain the spatial shift of manufacturing industries from advanced capitalist countries to developing countries—an ongoing geographic reorganisation of production, which finds its origins in ideas about a global division of labor. [1]
World War I disrupted economic globalization, with countries adopting protectionist policies and trade barriers, slowing global trade. [7] The 1956 invention of containerized shipping and larger ship sizes reduced costs, facilitating global trade. [8] [9] Globalization resumed in the 1970s as governments highlighted trade benefits.
Brazil was the 25th largest exporter in the world in 2020, with 1.1% of the global total. [152] In 2021, Brazil exported US$280.4 billion and imported US$219.4 billion, with a surplus of US$61 billion. [153] The country's top ten export products were: [154] Iron ore: US$42.2 billion; Soy: US$37.3 billion; Crude petroleum oils: US$27.4 billion
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.
The World Social Forum (WSF, Portuguese: Fórum Social Mundial [ˈfɔɾũ sosi'aw mũdʒiˈaw]) is an annual meeting of civil society organizations, first held in Brazil, which offers a self-conscious effort to develop an alternative future through the championing of counter-hegemonic globalization. World-Social-Forum logo
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 ...