Posts

What is globalization？GUAN RUI

  Globalization is a trend where the connections between countries around the world are becoming increasingly close. We can think of it as a vast network, with countries becoming more integrated through trade, technology, and cultural exchanges. For example, many of the products we use every day may be designed in one country, produced in another, and then shipped to yet another for sale—this is the effect of economic globalization. In addition to economic ties, cultures are also influencing each other through the process of globalization. For instance, we might watch American TV shows, listen to Korean pop music, or eat Japanese sushi—all examples of cultural globalization. At the same time, the development of technology has accelerated all of this, with the internet facilitating the rapid spread of information and technology. However, globalization is not without its challenges. For example, it can sometimes widen the gap between rich and poor or cause local cultures to be impacted b
Post a Comment
Read more

Understanding of Globalization

                                                                                                                WU WENHAO                                                                                                                2021080464 1. What is Globalization?      Globalization is a multifaceted process that connects people, economies, and cultures across the world, breaking down traditional barriers and creating a more interconnected global society. At its core, globalization blurs the boundaries between nations, enabling resources, information, and technology to move more freely across the globe. This means that people from different corners of the world are increasingly sharing, adopting, and even blending aspects of their lifestyles, cultural beliefs, and ways of thinking.      But globalization isn't just about trade, investment, or the movement of goods and services. It’s also about how people’s perspectives change as they become more exposed to diverse ideas and ex
Post a Comment
Read more

What is globalization? gaoxiaoxia

Globalization has greatly promoted global economic growth and development. By reducing trade barriers and encouraging international cooperation, the flow of goods, services, capital, and technology between countries has become easier. Consumers can easily buy products from around the world, such as imported food, electronics, and fashion brands. This not only improves the quality of life but also provides more choices. At the same time, globalization creates larger markets for businesses, promoting innovation and competition, which increases economic efficiency. For example, multinational companies can lower production costs through global supply chains, offering consumers more competitive products and prices In terms of culture, globalization has encouraged the exchange and integration of different cultures. Music, movies, and fashion from various countries can now cross borders and reach global audiences, enriching people's cultural experiences. Things like Korean K-pop, Japanese
Post a Comment
Read more

Extra credit blog: China and globalization /YUERONG WANG

Globalization is an undeniable trend in today's world, exerting profound effects on China. It has brought numerous opportunities and challenges to the country while shaping China's international image. So, is globalization beneficial for China? Conversely, is China advantageous for globalization? Firstly, globalization has positively impacted China's economy. Integration into the global economic system has made China a vital player in global trade, fostering rapid development in manufacturing and services, resulting in substantial economic returns. This economic growth not only elevated living standards nationwide but also propelled China to the forefront of the international stage, showcasing its rising power. Secondly, globalization has propelled significant progress in technology and innovation in China. The nation's alignment with global standards and its open policies have facilitated the exchange of technology and knowledge, allowing China to emerge as a leader in
Post a Comment
Read more

Extra credit blog: China and globalization /Yunjin Lee

  "Is globalization good for China? And is China good for globalization?"  The debate on "Is globalization good for China and is China good for globalization" is a multifaceted argument and the conclusion to this debate depends on various factors. Firstly, China as a nation has benefited tremendously from the impact of globalization in terms of access to global markets, increased trade, and economic growth. China's integration into the global SCM (Supply Chain Management) processes escalated the operations of the manufacturing sector in the nation, improved the living standards of the locals, and contributed to increased job creation. Contrary to this, numerous criticisms and challenges are directly associated with the engagement of China as a nation in the global operation. China has been criticized for forced technology transfers, thefts of intellectual property, and trade practices that are unfair. Furthermore, there have been concerns about the effect of the
Post a Comment
Read more

Online blog writing assignment 4/ “What is the relation between economics and globalization?” /Yunjin Lee

1) Summary  The book titled "Economic Globalization: Corporations" by Peter Dicken provided a candid and detailed analysis of the important impact and role of multinational corporations in enhancing international economic globalization. Ideally, Dicken examined how these corporations have emerged as important actors or players in shaping the global economic structures and patterns. He evaluated the individual strategies that are employed by various MNCs' multinational corporations to further expand their border operations by highlighting the challenges and complexities experienced by these corporations while navigating through the diverse cultural, economic, and political contexts. Additionally, Dickens also reviewed the respective globalization aspects like (1) how governments regulate the behavior of corporates, (2) the impact of corporate power, (3) FDI foreign direct investment, and finally (4) the global production process.  2) Interesting point  Despite providing di
Post a Comment
Read more

Blog Assignment:Analysis of Hofstede's variables --- LUSHU

The rise of international organizations, such as the United Nations (UN), the World Bank, and the International Monetary Fund (IMF), as well as regional institutions, which promote cooperation and coordination among states on issues such as security, economic development, and human rights. Political globalization involves the development of global governance mechanisms. Countries work together through treaties, agreements and international conventions to address transnational challenges, such as climate change, terrorism and pandemics. Countries are increasingly engaged in diplomatic efforts and foreign policy formulation through a global perspective. Bilateral and multilateral relations play a key role in addressing global issues and pursuing common goals. Political globalization is evident in addressing global security challenges. Issues such as nuclear proliferation, cyber threats and combating transnational terrorism require coordinated efforts and cooperation among states. The mov
Post a Comment
Read more