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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 ...
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [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.
exploring basic concepts underlying international finance, management, marketing, and trade relations; and; identifying forms of business ownership and international business opportunities. By focusing on these, students will gain a better understanding of Political economy. These are tools that would help future business people bridge the ...
Cultural globalization is the intensification and expansion of cultural flows across the globe. [2] Culture is a very broad concept and has many facets, but in the discussion on globalization, Steger means it to refer to “the symbolic construction, articulation, and dissemination of meaning.” Topics under this heading include discussion ...
Preyer and Brös provide a simple operationalization of trade globalization as "the proportion of all world production that crosses international boundaries". [2] Chase-Dunn et al. note that trade globalization is one of the types of economic globalization, and define trade globalization as "the extent to which the long-distance and global exchange of commodities has increased (or decreased ...
Additionally, the concept of glocalization has strong ties to the more commonly understood term globalization, and has been described as a more general treatment of the term. Elements unique to glocalization under this umbrella include the idea that diversity is the essence of social life, that not all differences are erased, history and ...
Public Relations consultant and academician, Takashi Inoue extended the concept to beyond the economics into the realms of culture and politics in his 2018 book Public Relations in Hyper-Globalization; He argues that the world is being transformed by three forces of hyper-globalization: economic, social media, and new disruptive technologies ...