GEG 1302 Lecture Notes - Lecture 2: Glocalization, Hybridity, Eurocentrism
Document Summary
Globalization is a process and a condition that involves the increasing interconnectedness of different parts of the world through common processes of economic, environmental, political and cultural change. He pace and nature of globalization have changed dramatically, leading to a highly interdependent world (ex. the world financial crisis of 2008) The fricassees of globalization are not uniform or equal in nature. Globalization is a complex of interrelated processes rather than an end-state. Such tendencies are highly uneven in time and space. It is easier for educated people to move across boarders. The distance between populations has increased because parts of the world are evolving faster than other (ex. populations without internet access are falling far behind) Globalization is not technologically determined it is economically determined. Individual level: a variety of characteristics separates individuals. Factors that drive globalization: new international division of labour. Internationalization of financial markets: globally integrated financial markets.
