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

Sir Krippe
29 Sept 202106:44

Summary

TLDRIn 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

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Keywords

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Related Tags
GlobalizationEconomy IntegrationFree TradeCapital FlowCultural ExchangeSocial RelationshipsTechnological AdvancementsInternational TransactionsGlobal EconomyEducational Insights