The Contemporary World - Introduction to the Study of Globalization (Sir Krippe)

Summary

In this session, Mr. Trip Anthony A. Ramos introduces the concept of globalization, emphasizing its significance in today's integrated global economy. He outlines the learning objectives, which include defining globalization and recognizing its underlying philosophies. Ramos explains globalization as the free flow of trade, capital, and labor, and its impact on social relationships and cultural exchanges. He also highlights the opportunities it presents, as noted by the International Monetary Fund, and stresses the importance of understanding and adapting to these global changes to foster a culture of excellence. The session concludes with an invitation for further discussion and questions.

Takeaways

• 🌐 Globalization is defined as the development of an integrated global economy characterized by free trade, free flow of capital, and access to cheaper foreign labor markets.
• 🔍 The underlying philosophies of globalization include intensifying social relationships among countries and connecting separate localities.
• 📚 Giddens (1991) views globalization as a process that connects different parts of the world, leading to the interchange of history and culture.
• 🌍 Albro and King (1990) describe a world living in a borderless community due to globalization, emphasizing the spread of products, technology, information, and jobs across borders.
• 💡 Globalization offers extensive opportunities, as noted by the International Monetary Fund in 2000, but requires an understanding of the concept to take advantage of these opportunities.
• 🏛️ Institutions should establish a culture of excellence to adapt to the changing global landscape and to be truly excellent and competitive.
• 🌟 Globalization encourages the adaptation to advancements and improvements, which is essential for maintaining relevance and competitiveness.
• 🤔 Teaching globalization effectively can lead students to question hidden assumptions, examine culturally embedded perspectives, and expand their understanding of social and cultural issues.
• 📚 The instructor recommends checking the references mentioned for further information on the study of globalization.
• 📢 For further clarifications or questions, students are encouraged to leave comments on the YouTube channel or contact the instructor through the Learning Management System (LMS).

Q & A

What is the primary focus of the session led by Mr. Trip Anthony A. Ramos?

The primary focus of the session is an introduction to the study of globalization.

What are the two main learning objectives for the session on globalization?

The two main learning objectives are to define the term 'globalization' and to identify the underlying philosophies of different definitions of globalization.

How is globalization defined in the context of the session?

Globalization is defined as the development of an increasingly integrated global economy marked by free trade, free flow of capital, and cheaper foreign labor markets.

What does the term 'globalization' encompass according to the session?

Globalization encompasses the situation where there is an integrated global economy allowing for the movement of goods, services, and capital from one place to another, encouraging investors from one country to another.

What is the definition of globalization according to Giddens in 1991?

According to Giddens in 1991, globalization is the process of intensifying social relationships among countries around the world, connecting separate localities.

How do Albro and King in 1990 describe the impact of globalization on people around the world?

Albro and King in 1990 describe the impact of globalization as the creation of a borderless community where people live, with the spread of products, technology, information, and jobs across national borders and cultures.

What opportunities does globalization offer according to the International Monetary Fund in 2000?

Globalization offers extensive opportunities, which can be taken advantage of by widening our understanding of the concept and establishing a culture of excellence.

Why is it important to adapt to the changing times and global improvements in the context of globalization?

Adapting to changing times and global improvements is important to be truly excellent and competent, as there is nothing permanent in the world but change and improvement.

What does the quote from Jason English suggest about teaching globalization?

The quote from Jason English suggests that when globalization is taught correctly, it enables students to question hidden assumptions, examine their culturally embedded perspectives, and expand their understanding of social and cultural issues.

How can attendees seek further clarification or ask questions after the session?

Attendees can seek further clarification or ask questions by leaving a comment on the YouTube account or channel, or by contacting the instructor through the Learning Management System (LMS).

What are the recommended references for additional information on globalization?

The recommended references for additional information on globalization are the books mentioned by the instructor during the session.

Outlines

00:00

🌐 Introduction to Globalization

In this introductory lesson on globalization, Instructor Mr. Trip Anthony A. Ramos sets the stage for understanding the concept by defining it as the development of an integrated global economy characterized by free trade, free flow of capital, and access to cheaper foreign labor markets. He emphasizes the importance of defining globalization to grasp its implications fully. The lesson also references various definitions from scholars like Giddens (1991), who views globalization as a process intensifying social relationships among countries, and Albro and King (1990), who describe it as living in a borderless community with the spread of products, technology, information, and jobs across borders. The IMF (2000) is cited for highlighting the extensive opportunities globalization offers, urging the need to broaden our understanding to take advantage of these opportunities and establish a culture of excellence. The instructor encourages adapting to changing times and global improvements, suggesting that globalization is not just an economic phenomenon but also a social and cultural one that can expand our perspectives on important issues.

05:00

📚 Embracing Globalization for Social Consciousness

The second paragraph delves into the social consciousness aspect of globalization, suggesting that when taught correctly, it can lead students to question hidden assumptions, examine their culturally embedded perspectives, and expand their understanding of needs versus wants. The instructor uses a quote from Jason English to underscore the importance of globalization in education, stating that it paves the way for expanding perspectives on social and cultural issues. The paragraph concludes with an invitation for further engagement, encouraging students to seek additional information from the provided references and to reach out with questions or clarifications through the YouTube channel or the Learning Management System (LMS). The instructor expresses gratitude for the session and looks forward to future interactions, wishing everyone a great week ahead.

Keywords

💡Globalization

Globalization refers to the process of increasing global connectivity and integration in economic, social, and cultural aspects. In the video, it is defined as the development of an integrated global economy characterized by free trade, free flow of capital, and cheaper foreign labor markets. This concept is central to the video's theme as it sets the stage for discussing the implications and opportunities that arise from a more interconnected world.

💡Integrated Global Economy

An integrated global economy is one where economic activities and markets are interconnected across national borders. The video script mentions this in the context of globalization, highlighting how it allows for the free movement of goods, services, and investments, which is a key aspect of the modern globalized world.

💡Free Trade

Free trade is the idea of allowing goods and services to be exchanged internationally without tariffs, quotas, or other trade barriers. The script discusses free trade as a component of globalization, emphasizing its role in fostering economic growth and international cooperation.

💡Capital Flow

Capital flow refers to the movement of money across borders for various purposes, such as investment or financing. The video script connects capital flow to globalization, indicating how it contributes to the interconnectedness of financial markets worldwide.

💡Foreign Labor Markets

Foreign labor markets involve the employment of workers from one country in another. The script mentions this in relation to globalization, suggesting that it can lead to a more flexible and efficient allocation of labor resources on a global scale.

💡Social Relationships

Social relationships in the context of the video pertain to the connections and interactions among individuals and communities across different countries. The script cites Giddens' definition of globalization, which includes the intensification of these relationships as a key aspect of globalization.

💡Borderless Community

A borderless community is a concept that describes a world where national borders are less relevant due to increased global interconnectedness. The video references Albro and King's view of globalization, which includes the idea of people living in such a community, suggesting a world where cultural and national boundaries are increasingly blurred.

💡Products, Technology, Information, and Jobs

These terms are mentioned in the video as elements that spread across national borders and cultures due to globalization. They represent the tangible and intangible aspects of globalization that affect daily life and economic activities, contributing to the world becoming more interconnected.

💡International Transactions

International transactions refer to economic exchanges that occur between different countries. The video script discusses how advancements in modern technologies have facilitated these transactions, making them easier and more frequent, which is a hallmark of globalization.

💡Opportunities

Opportunities, in the context of the video, refer to the potential benefits and advantages that arise from globalization. The script mentions that globalization offers extensive opportunities, which can be seized by understanding and adapting to the globalized environment.

💡Culture of Excellence

A culture of excellence is an environment that encourages high standards, continuous improvement, and the pursuit of excellence. The video script connects this concept to globalization, suggesting that to take advantage of global opportunities, institutions and individuals must strive for excellence and adapt to the changing global landscape.

Highlights

Introduction to the study of globalization

Definition of globalization as an integrated global economy

Globalization characterized by free trade and free flow of capital

Globalization's impact on encouraging investors across countries

Guidance's 1991 definition of globalization as intensifying social relationships

Albro and King's 1990 perspective on living in a borderless community

Globalization as the spread of products, technology, information, and jobs

The role of modern technology in facilitating international transactions

Globalization offering extensive opportunities according to the IMF in 2000

The necessity to widen understanding to take advantage of globalization's opportunities

Establishing a culture of excellence through globalization

Globalization's relevance to institutional objectives and core values

Adapting to changing times and global improvements for excellence

Globalization's encouragement to question hidden assumptions and cultural perspectives

Expanding perspectives on social and cultural issues through globalization

Resources for further information on globalization

Invitation for questions and clarifications through YouTube or LMS

Closing remarks and thank you for attending the session

Transcripts

hello everyone and welcome to the

contemporary world subject this is still

your instructor mr trip anthony a ramos

and for this session we'll be talking

about the introduction to the study of

globalization okay so as we go along the

way and discuss this topic definitely

here are your follow uh the learning

objectives that we must be able to

attain after this lesson so first you

must be able to define the term

globalization and second you must be

able to identify the underlying

philosophies of the buying definitions

of globalization

okay so we'll go ahead first and define

what's globalization because because it

is really important for us to know what

is the term globalization in order for

us to move forward with this topic okay

so it has been said that globalization

is the development of an increasingly

integrated global economy that is being

marked by free trade free flow of

capital in the topic of cheaper foreign

labor markets so simply put if we're

talking about globalization you are

pertaining to the situation wherein

there is an integrated global economy

so that they will be able to develop one

economy which is global ebikes

services

from one place into another and even

champreno

foreign no bucket so that will be able

to i don't know to encourage investors

from one country into another so

according to guidance in 1991 however no

globalization no that was uh the term

was actually defined as the process of

intensifying social relationships among

countries around the world connecting

separate localities

you would really want not to pursue

globalization according to guidance

definitely you would want to intensify

your social relationships among the

countries

history definitely that is being

interchanged from one country into

another according to guidance in 1991.

okay furthermore according to albro and

king in 1990 the peoples around the

world okay or around the globe live in a

borderless community because according

according to albro and king you know if

we're already pursuing globalization

uh second also or furthermore so it is

also the spread of products technology

information and jobs across national

borders and cultures

and it is also a common word manifesting

advances in modern technologies that

have made international transactions

both in trade and even in finances

okay but take note

that if we're talking about

globalization okay it actually offers

extensive opportunities

according to international monetary fund

in 2000.

so take note that in order for us to

take advantage of this extensive

opportunities that that are being

offered by globalization of course we

must be able to widen our understanding

about this concept

part of our institutions values knowing

core values nothing we would really want

to actually establish a culture of

excellence so in order for us to create

a culture of excellence and

globalization is actually very relevant

you know when it comes to our objectives

institution so because the concept of

globalization encourages us to take

advantage of the benefits of

advancements that are being brought by

it no and we will be able to be truly

excellent and competent enough if we

will be able to adapt through the

changing times and global improvements

no there is nothing that is permanent

here in our world but change

improvement and if we will be able to do

that we will be able to be truly

excellent and as part of being socially

conscious individuals i will be leaving

this quotation from jason from in

english uh that has been

enunciated during the education with

teachers so saber if teaching

globalization is done right students

find themselves questioning hidden

assumptions they will be able also to

examine their culturally embedded

perspectives and they will be able to

expand their sense of what constitutes a

need versus what constitutes a one so

simply put it also paves a way for us to

expand our perspectives on important

social and cultural issues

okay and if you would want to check for

other information no you may be you may

check my references that i've used so

you may check the following books so

there you go

okay and that would actually be it for

our discussion about the introduction to

the study of globalization so if you

have further clarifications or questions

you may want to leave a comment on our

on our youtube account or youtube

channel or you may be able to contact me

through our lms so let me also grab the

opportunity to thank everyone for

attending our session and i hope that i

will be seeing seeing you all on our

succeeding one so thank you everyone and

have a great week and be ahead of you