Globalization
Chapter 8
What does it mean to live in a globalized world?
Driving forces of globalization
developments in transportation
growth of Multinational Corporations (MNCs)
technological advancements
Chapter 9
How do we respond to tensions arising from some economic impacts of globalization?
Economic impact on countries, companies and individuals
economic growth and downturn for countries
higher profits/ market share and lower profits / market share for companies
higher income/ greater employment opportunities and loss of income and employment for individuals
Responses to economic impacts
cooperation and competition among countries
innovation and adaptation by companies
acquisition of knowledge and skills by individuals
Chapter 10
How do we respond to tensions arising from some cultural impacts of globalization?
Cultural impact on countries and individuals –
homogenisation and hybridisation –
different degrees of acceptance and rejection ○
entertainment
food
Chapter 11 How do we respond to tensions arising from some security impacts of globalization?
Security impact on countries and individuals
security and vulnerability
management of trade-offs
cyber security challenges
transnational terrorism