Globalisation and its Effects on Society, Economy and Politics

This presentation discusses the concept of globalisation and its effects on society, economy and politics. It explores P Ghemawat's ideas on globalisation and Anthony Giddens' views. The presentation also covers the 'End of Poverty' movement and the concept of 'Trade NOT aid'.

Globalisation

Globalisation has been considered to be a
recent phenomenon prevailing in the twentieth
century which has brought both the positive as
well as negative effects to the population,
society and economy (Eisenstadt 2017).

World 3.0: P Ghemawat’s
questioning of whether the
world really is as ‘global’ as
we are being told it is and
his ideas about how it could
be globalised more
effectively.

“It’s not too much of an exaggeration to say that much
of the debate about globalisation occurs in a data-free
zone”
Ghemawat hold the view that if people perceive that the level
of globalisation achieved is not up to the extent what people
assume it is in real, then the full growth potential of
globalisation can be perceived by the end of the 21st century
(Hamilton and Webster 2015).

Ghemawat provide the strongest argumentation in his
statement of the fact that technology has immense power that
might obliterate cultural barriers and differences in political
perspectives.
According to Ghemawat, the key factor of succeeding in cross
border business is to realise and acknowledge the fact that
border differences do have high impact upon business (Kee,
Neagu and Nicita 2013).
He thinks when an organisations decides to expand in other
nation states, they should consider the business advantages
they receive in their native country

Anthony Giddens’
ideas on globalisation

• Anthony Giddens view on globalisation
- Globalisation is “the intensifications of world wide social
relations which links different localities in a way that all the
local happenings are shaped by the events taking place miles
away (Rosenberg, Caldart and Seager 2017).”

Globalisati
on
Culture
Society
EconomyPolitics
Environme
nt

The “End of Poverty”
movement and the contrary
assertion that “Trade NOT
aid” is the way to a more
globalised world that
mitigates against poverty

• The movement of “End of Poverty” is all about people
revealing about the huge figures of the world poverty but this
is to note that there has always been a danger regarding the
messages which people need to spread through means of
demonstration such as the ones outside the G8 summit are
reduced (Kovacic 2014).

• “In the business world of todays, the world trade is very must
base on the investments in the areas such as technologies and
in nations that is under developed and is not equipped with
proper technology suffers a lot because of its lack. Technology
is one among the many aspects of globalisation which has
assisted in changing the concept of time and distance. By
means of technology, the perception of the people regarding
distance and time has greatly changed.”

References
• Eisenstadt, S.N., 2017. Multiple modernities. In Multiple modernities (pp. 1-30).
• Kovacic, P., 2014. Digitally Enabled Collective Action in the Areas of Limited
Statehood Implications of Information and Communication Technology for
Collective Action on Hazard Mitigation and Environmental Management in
Mathare, Kenya(Doctoral dissertation, The George Washington University).
• Hamilton, L. and Webster, P., 2015. The international business environment.
Oxford University Press, USA.
• Rosenberg, M., Caldart, A. and Seager, P.H., 2017. Strategy: The Soul of Your
Business. In Managing Media Businesses (pp. 15-35). Palgrave Macmillan,
Cham.
• Kee, H.L., Neagu, C. and Nicita, A., 2013. Is protectionism on the rise? Assessing
national trade policies during the crisis of 2008. Review of Economics and
Statistics, 95(1), pp.342-346.

THANK YOU