GLOBALIZATION

Prepared by: Patrice Jorgia G. Jalandoni

BSA2-1

WHAT IS GLOBALIZATION?

Globalization is a process of interaction and

integration among the people, companies,
and governments of different nations, a
process driven by international
tradeandinvestmentand aided
byinformation technology.

Even as early as the Prehistoric period, the roots of modern

globalization could be found. Territorial expansion by our ancestors
to all five continents was a critical component in establishing
globalization. The development of agriculture furthered globalization
by converting the vast majority of the world's population into a
settled lifestyle. However, globalization failed to accelerate due to
lack of long distance interaction and technology. The contemporary
process of globalization likely occurred around the middle of the
19th century as increased capital and labor mobility coupled with
decreased transport costs led to a smaller world.

Stages of Globalization
1.
2.
3.
4.

domestic marketing
export marketing
Global marketing
International and multinational
marketing

IMPORTANCE
OF
GLOBALIZATION
Globalization allows countries to
benefit from economic synergy and
collaboration in handling political,
social and economic challenges.

Advantages
and
Disadvantage
s of
Globalization

Advantages
Advancement of technology
Globalization increases monopoly by countries
equiped with know-how and power.
It promotes understanding and goodwill among
different countries.
Businesses and investors get much wider
opportunities for investment.
Helpful in employment generation and income
generation
Globalization is good for certain countries more,
such as those in the First World or Global North.

Disadvantages
Globalization can ruin the
environment
Globalization can lead to hyperspecialization
It can increase spread of
communicable diseases.
Companies face much greater
competition
Globalisation increases monopoly by
countries equiped with know-how

Positive and
Negative
Impacts of
Globalization

Positive Impacts

A better economy
Introducing new technologies
Globalization introduces better trade

Negative Impacts
Globalization brings fear of too much
flow of capital amongst countries
Fear of loosing national integrity
Mental pressure on companies that
causes many people to loose their
jobs

Globalization in the
Philippines
The country is taking part in the
process of globalization ever since
the country signed agreements with
WTO (World Trade Organization) in
1995. Since then, the nation had
hope for WTO to bring developments
within the nations poor economy
and also to have a role within the
global economy and trade.

KOF INDEX OF
GLOBALIZATION