Trends in globalization

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Trends in globalization

• Prepared by Bolcsó Dániel
• Virga Péter

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What is globalization?

• Globalization (or globalisation) in its literal
  sense is the process of transformation of local
  or regional phenomena into global ones. It can be
  described as a process by which the people of the
  world are unified into a single society and
  function together. This process is a combination
  of economic, technological, sociocultural and
  political forces. Globalization is often used to
  refer to economic globalization, that is,
  integration of national economies into the
  international economy through trade, foreign
  direct investment, capital flows, migration, and
  the spread of technology

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• Globalization, since World War II, is largely the
  result of planning by economists, business
  interests, and politicians who recognized the
  costs associated with protectionism and declining
  international economic integration.
• Their work led to the Bretton Woods conference
  and the founding of several international
  institutions intended to oversee the renewed
  processes of globalization, promoting growth and
  managing adverse consequences.

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Trends

• Population trends
• Science and Technology trends
• Governance trends
• Economical trends

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Trends

• These trends are often interdependent and cannot
  be easily separated.
• The various factors associated with trends in
  globalization, affect the growth of population.
  In addition, advances in technology can have
  significant impacts on society. Technology has
  allowed global commercial transactions to take
  place at increasingly faster rates, and at
  greater volumes across national borders.

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Population trends

• Decreasing population in developed countries
• Increasing population in developing countries
• Increased life expectancy
• The growth of the world population is now slowing
  down, but the total population will still
  increase massively in the near future.
• By 2050 reach 9.1 billion, 86 per cent of the
  world population is expected to be living in the
  less developed regions of the world

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The most densely populated countries
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Science and technology trends

• Computers and Internet shopping, reading,
  working, learning
• Communication technology impact social, cultural,
  political life, around the world
• Mobile phones (camera, internet, video-call)
• GPS
• Bio-foods
• Genetically modified foods
• Flying hotels Space hotels

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Governance trends

• - How national and international laws govern the
  economic activity and transnational institutions
• Good corporate governance is key to the integrity
  of corporations, financial institutions and
  markets, and central to the health of our
  economies and their stability.

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Economical trends

• Goods and services (exports plus imports as a
  proportion of national income or per capita of
  population
• Labour/People (inward or outward migration flows,
  weighted by population)
• Capital (inward or outward direct investment as a
  proportion of national income or per head of
  population)

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GDP in countries
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