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First and foremost, cultural relations are conducted through the enormous range of non-state actors engaged transnationally. The range includes cities, global civil society, educational institutions, cultural and arts organisations, research institutes, corporations and businesses, even down to individuals who can engage via the Internet.
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.
Cultural globalization refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. [1] This process is marked by the common consumption of cultures that have been diffused by the Internet , popular culture media, and international travel .
World Development Indicators have improved relative to the year 1990. 75% of poverty reduction shown happened in China. [1] International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale.
Cultural finance a growing field in behavioral economics that studies the impact of cultural differences on individual financial decisions and on financial markets. Probably the first paper in this area was "The Role of Social Capital in Financial Development" by Luigi Guiso, Paola Sapienza, and Luigi Zingales. [35]
International relations (IR, and also referred to as international studies, international politics, [2] or international affairs [3]) is an academic discipline. [4] In a broader sense, the study of IR, in addition to multilateral relations, concerns all activities among states—such as war, diplomacy, trade, and foreign policy—as well as relations with and among other international actors ...
understanding the global business environment—that is, the interconnections of cultural, political, legal, economic, and ethical systems; exploring basic concepts underlying international finance, management, marketing, and trade relations; and; identifying forms of business ownership and international business opportunities.
Socio-cultural transnational activities cover a wide array of social and cultural transactions through which ideas and meanings are exchanged. Recent research has established the concept and importance of social remittances which provide a distinct form of social capital between migrants living abroad and those who remain at home. [ 2 ]