User:Woogyung

<Name> THE MOVEMENT OF THE GLOBALIZATION

<Description> comprehensive term for the emergence of a global society in which economic, political, environmental, and cultural events in one part of the world quickly come to have significance for people in other parts of the world. Globalization is the result of advances in communication, transportation, and information technologies. It describes the growing economic, political, technological, and cultural linkages that connect individuals, communities, businesses, and governments around the world. Globalization also involves the growth of multinational corporations (businesses that have operations or investments in many countries) and transnational corporations (businesses that see themselves functioning in a global marketplace). The international institutions that oversee world trade and finance play an increasingly important role in this era of globalization.

Although most people continue to live as citizens of a single nation, they are culturally, materially, and psychologically engaged with the lives of people in other countries as never before. Distant events often have an immediate and significant impact, blurring the boundaries of our personal worlds. Items common to our everyday lives—such as the clothes we wear, the food we eat, and the cars we drive—are the products of globalization.

<Enablers> boosted by wireless and Internet communications and electronic business transactions,annual meetings of the World Economic Forum in 1971, these “Davos” …,

<Inhibitors> “organization of diversity.” Often promoting this view are nongovernmental organizations (NGOs) …,natioalism, the rapid spread of diseases, illicit drugs, crime, terrorism, and uncontrolled migration

<Paradigms> Globalization raises other questions that will be central to the 21st century. What is the proper role for the IMF, WTO, and UN, and how should they be governed? What is the best way to finance development? How much autonomy should countries have when the economic, political, and environmental decisions they make can have global repercussions? To what extent should global institutions be able to constrain what countries can and cannot do in an increasingly globalized world? What is the right way to balance social and cultural values with the need for economic efficiency? As the 21st century progresses, more and more decisions regarding these and other issues will need to be debated.

<Experts> Swedish anthropologist Ulf Hannerz, this group advocates a view of global culture

<Timing> The most dramatic evidence of globalization is the increase in trade and the movement of capital (stocks, bonds, currencies, and other investments). From 1950 to 2001 the volume of world exports rose by 20 times. By 2001 world trade amounted to a quarter of all the goods and services produced in the world. As for capital, in the early 1970s only $10 billion to $20 billion in national currencies were exchanged daily. By the early part of the 21st century more than $1.5 trillion worth of yen, euros, dollars, and other currencies were traded daily to support the expanded levels of trade and investment. Large volumes of currency trades were also made as investors speculated on whether the value of particular currencies might go up or down.

<Web Resources>

Say No to Globalization America is being plundered by the global elite. The August Review gives you the big picture of globalism: Why it's dangerous, where it came from, who's behind it and how it moves forward. www.augustreview.com

Globalization - Analysis Balanced articles on globalization latest news, debates, pros and cons. www.globalenvision.org

TRADOS Globalization Management TRADOS products and solutions enable your organization to get products to international markets faster, with higher quality, and at lower cost. www.trados.com