Understanding Globalization

What is the definition of Globalization according to Larsson Thomas (2001)?

• The process of world shrinkage, of distances getting shorter.

• The understanding of the world and the increased perception of the world as a whole.

• The process of intensifying social relationships among countries.

• Globalization refers to an extension beyond national borders.

What are the attributes/elements connected to Globalization?

What is Economic Globalization?

• The sharing of ideas and information between countries.

• The process by which a world-class of goods, ideas, and information is produced.

• The concept of globalization as a whole is largely Economic.

• Increased interaction between the systems of government.

What is Social Globalization?

• The integration of societies of the world.

• The process by which one culture's experiences are disseminated.

• Increased external intervention and interaction.

• Internationally coordinated practices regarding environmental protection.

What is Cultural Globalization?

• The process by which a world-class of goods, ideas, and information is produced.

• The dynamic, nonlinear, global process of interdependence.

• The sharing of ideas and information between countries.

• Internationally coordinated practices regarding environmental protection.

What is Political Globalization?

• Increased interaction between the systems of government.

• The process of intensifying social relationships among countries.

• The concept of globalization as a whole is largely Economic.

• The integration of societies of the world.

What is Environmental Globalization?

• Internationally coordinated practices regarding environmental protection.

• The process of intensifying social relationships among countries.

• The concept of globalization as a whole is largely Economic.

• The integration of societies of the world.

What are the takeaways from the discussion?