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[19] [3] The modern concept of globalism arose in the post-war debates of the 1940s in the United States. [20] In their position of unprecedented power, planners formulated policies to shape the kind of postwar world they wanted, which in economic terms meant a globe-spanning capitalist order centered exclusively upon the United States.
The terms "Global North" and "Global South" are not strictly geographical, and are not "an image of the world divided by the equator, separating richer countries from their poorer counterparts." [ 4 ] Rather, geography should be more readily understood as economic and migratory, in the "wider context of globalization or global capitalism."
Whereas the globalization of business is centered around the diminution of international trade regulations as well as tariffs, taxes, and other impediments that suppresses global trade, economic globalization is the process of increasing economic integration between countries, leading to the emergence of a global marketplace or a single world ...
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 ...
Global Peace Index 2023. Countries appearing with a deeper shade of green are ranked as more peaceful, countries appearing more red are ranked as more violent. [1] Global Peace Index (GPI) is a report produced by the Australia-based NGO Institute for Economics & Peace (IEP) which measures the relative position of nations' and regions ...
Political globalization is measured by aggregating and weighting data on the number of embassies and high commissioners in a country, the number of the country's membership in international organizations, its participation in the UN peacekeeping missions, and the number of international treaties signed by said country.
In some instances, the exploitation of periphery countries' agriculture, cheap labor, and natural resources aid core countries in remaining dominant. This is best described by dependency theory, [2] which is one theory on how globalization can affect the world and the countries in it. It is, however, possible for periphery countries to rise out ...
Instead of globalization being about networks or a continuous flow, Tsing argues that we should think about it being created in two parts, the outside world (global) and the local. Globalization is seen as a friction between these two social organizations where globalization relies on the local for its success instead of just consuming it. [21]