Globalisation in the context of "Disputes"

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⭐ Core Definition: Globalisation

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. The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialisation). It developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post–Cold War world.The origins of globalization can be traced back to the 18th and 19th centuries, driven by advances in transportation and communication technologies. These developments increased global interactions, fostering the growth of international trade and the exchange of ideas, beliefs, and cultures. While globalization is primarily an economic process of interaction and integration, it is also closely linked to social and cultural dynamics. Additionally, disputes and international diplomacy have played significant roles in the history and evolution of globalization, continuing to shape its modern form. Though many scholars place the origins of globalization in modern times, others trace its history to long before the European Age of Discovery and voyages to the New World, and some even to the third millennium BCE. Large-scale globalization began in the 1820s, and in the late 19th century and early 20th century drove a rapid expansion in the connectivity of the world's economies and cultures. The term global city was subsequently popularized by sociologist Saskia Sassen in her work The Global City: New York, London, Tokyo (1991).

Globalization describes the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries.

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In this Dossier

Globalisation in the context of Regional policy of the European Union

The Regional Policy of the European Union (EU), also referred as Cohesion Policy, is a policy with the stated aim of improving the economic well-being of regions in the European Union and also to avoid regional disparities. More than one third of the EU's budget is devoted to this policy, which aims to remove economic, social and territorial disparities across the EU, restructure declining industrial areas and diversify rural areas which have declining agriculture. In doing so, EU regional policy is geared towards making regions more competitive, fostering economic growth and creating new jobs. The policy also has a role to play in wider challenges for the future, including climate change, energy supply and globalisation.

The EU's regional policy covers all European regions, although regions across the EU fall in different categories (so-called objectives), depending mostly on their economic situation. Between 2007 and 2013, EU regional policy consisted of three objectives: Convergence, Regional competitiveness and employment, and European territorial cooperation; the previous three objectives (from 2000 to 2006) were simply known as Objectives 1, 2 and 3.

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Globalisation in the context of Political modernization

Political modernization (also spelled as political modernisation; Chinese: 政治現代化), refers to the process of development and evolution from a lower to a higher level, in which a country's constitutional system and political life moves from superstition of authority, autocracy and the rule of man to rationality, autonomy, democracy and the rule of law. It manifests itself in certain types of political change, like political integration, political differentiation, political secularisation, and so forth. The process of political modernisation has enhanced the capacity of a society's political system, i.e. the effectiveness and efficiency of its performance.

Sustainability studies researcher George Francis argues that 'political modernisation' is the changes in the nation-state brought about by the neoliberal globalisation process since the 1970s. It primarily consists of processes of differentiation of political structure and secularisation of political culture.

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Globalisation in the context of A. G. Hopkins

Antony Gerald Hopkins, FBA (born 21 February 1938) is a British historian specialising in the economic history of Africa, European colonialism, and globalisation. He is Emeritus Smuts Professor of Commonwealth History at the University of Cambridge, an Emeritus Fellow of Pembroke College, Cambridge and a fellow of the British Academy.

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Globalisation in the context of National champions

National champions are corporations which are technically private businesses but due to governmental policy are ceded a dominant position in a national economy. In this system, these large organizations are expected not only to seek profit but also to "advance the interests of the nation"; the government sets policies which favor these organizations. The policy is practiced by many governments, in some sectors more than others (such as defense), but by giving an unfair advantage against market competition, the policy promotes economic nationalism domestically and global pre-eminence abroad contrary to the free market. The policy also deters or prevents venture capitalism.

As the policy is the collective form of inequality of opportunity, it is irreconcilable with the paradigm of the neo-liberal (or "laissez-faire") economy. It was a major part of the dirigiste policy of 1945–1975 France.

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Globalisation in the context of Englishization

Englishisation refers to the introduction of English-language influences into other languages. English, as a world language, has had a very significant impact on other languages, with many languages borrowing words or grammar from English or forming calques based on English words. Englishisation is often paired with the introduction of Western culture into other cultures, and has resulted in a significant degree of code-mixing of English with other languages as well as the appearance of new varieties of English. Other languages have also synthesised new literary genres through their contact with English, and various forms of "language play" have emerged through this interaction. Englishisation has also occurred in subtle ways because of the massive amount of English content that is translated into other languages.

Englishisation first happened on a worldwide scale because of the spread of the British Empire and American cultural influence, as the English language historically played a major role in the administration of Britain's colonies and is highly relevant in the modern wave of globalisation. One of the reasons for Englishisation is because other languages sometimes lacked vocabulary to talk about certain things, such as modern technologies or scientific concepts. Another reason is that English is often considered a prestige language which symbolises or improves the educatedness or status of a speaker.

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