Search results
Results from the WOW.Com Content Network
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]
Klaus Schwab, founder and Executive Chairman of the World Economic Forum, Richard Baldwin and Philippe Martin have divided the history of globalization into four eras: Globalization 1.0 was before World War I, Globalization 2.0 was after World War II "when trade in goods was combined with complementary Globalization 3.0, for which other terms ...
World trade increased by 1% per year from 1500 to 1800, which further led to the first era of globalization. [6] Entering the 18th century, due to new technological breakthroughs world trade started to increase rapidly. The first technological advancement that contributed to this was the steam engine, introduced in the 17th century.
Global politics, also known as world politics, [1] names both the discipline that studies the political and economic patterns of the world and the field that is being studied. At the centre of that field are the different processes of political globalization in relation to questions of social power.
Stiglitz notes how Trump framed the United States as the victim of globalization, when it fact, many of the specific agreements his campaign took issues with were instigated at the behest of the US, primarily to its benefit, or at least, the benefit of the American business community, who, in the case of NAFTA, offshored large swathes of the US ...
People from all over the world must adjust their lifestyle in order to reverse the effects of global warming. In order to see more success through globalization, there must be more use made of global governance structures. The voices of all, internationally, must be heard, rather than having the voice of the developed countries speak over those ...
In this sense, history is what happened rather than the academic field studying what happened. When used as a countable noun, a history is a representation of the past in the form of a history text. History texts are cultural products involving active interpretation and reconstruction. The narratives presented in them can change as historians ...
Global studies (GS) or global affairs (GA) is the interdisciplinary study of global macro-processes. Predominant subjects are political science in the form of global politics , as well as economics , law , the sociology of law , ecology , environmental studies , geography , sociology , culture , anthropology and ethnography .