Blogging through Media Trends and Globalization (2023)

  （ 1 ） The chapter challenges the perception of global corporations as 'placeless' giants, emphasizing the diversity in size and operations among top transnational corporations . Foreign Direct Investment is identified as a key metric for TNC activity, surpassing world trade growth and highlighting their increasing global influence. Motivations for TNCs expanding beyond their home countries are explored, encompassing market-oriented investment and asset-renting. The chapter aims to provide a nuanced understanding of TNCs' role in economic globalization, addressing their scale, distribution, geographical embeddedness, transnational production networks, and power dynamics in the global landscape.   The historical evolution of companies with international interests, from chartered trading companies to modern transnational corporations , has seen exponential growth in the past 50 years. Around 61,000 TNCs, contributing one-tenth of the world GDP and one-third of global exports...

    There is no absolute good or bad to this question, and a one-sided answer is hard to come by. Globalization has both advantages and disadvantages for China and even for any country.    The first is economic. In the period of COVID-19, the Chinese mainland has adopted an extremely strict "zero clearance policy". In severe periods, some areas with large population flow have even been subjected to traffic control. In addition to certain permitted vehicles, the use of public transportation such as airplanes and high-speed trains in the entire region has been restricted. Most small and medium-sized businesses were forced to stagnate and the economy was hit hard. In this article, however, there are some data that make me feel very surprised.   China’s re-globalisation paradox (economist.com)      During China's intermittent lockdown in Shanghai, many feared it would clog international supply chains and drive up global inflation. But much of the trad...

(1)Political globalization is an approach that involves the social world, emphasizes post-national and transnational processes, and recognizes the compressibility of time and space. In the literature on political globalization, the decline of nation-states under the influence of global forces is the focus. Political globalization has also had a very different impact on different groups of people. Political globalization has three processes: global geopolitics, global normative culture and polycentric network, which interact to produce a complex global political sphere. Political globalization has not weakened democratic nation-states, which is what has allowed them to gain acceptance around the world. In many parts of the world, democratic nation-states have given rise to very different political cultures and are the basis of the so-called "new world order." The state used to be the main driver of the norms of globalization, but today globalization is more dominant. For polit...

   Every academic today accepts a broad, universal proposition: globalization is a multi-dimensional process that occurs simultaneously in the fields of economics, politics, technological developments (especially media and communication technologies), environmental change, and culture. A simple way to define globalization is not to assign priority or causality to any one of these dimensions. Accelerate and integrate global connectivity. Understood in this rather abstract and general way, globalization refers to the rapidly developing and increasingly close network of interconnections and interdependence in the physical, social, economic and cultural life of the modern world.    On multiple levels, whether it's the weather, for example, it's getting warmer; The economy, the financial crisis and so on, we live today in a world that is much more globally connected than it was even 20 years ago, and from a longer historical perspective, the degree of global interdependen...

The topic of the world value survey data I chose homosexuality. In total, 35 countries have legalized same-sex marriage nationally or non-nationally. But only one region in Asia has legalized it.So I chose three Asian countries, China, South Korea and Singapore, and compared their data. Homosexuality acceptance As you can see from the data and graph, China is the least accepting of homosexuality, and Singapore is relatively the highest of the three countries. However, if we find the corresponding positions of these three countries in the Inglehart-Welzel World Cultural Map   we will find that Singapore is more traditional. The reason for choosing these three countries for comparison is that they all belong to the survival index of minus0.5 to 0 Among them, China and Singapore have the same survival index of minus0.10, and South Korea has a minus0.46. For the acceptance of homosexuality, choose from the number 1 to 10, and the following graph provides an intuitive answer. As ca...

  （1）Summary As the author says, globalization is both general and specific. It is not a point or a plane, but a multi-dimensional one. So the scope of globalization is very broad. In addition, countries in the world have different cultural backgrounds and religions, so there is no universally accepted definition of globalization. Just as Confucian culture promotes the concept of "great harmony under heaven", it is too idealized. The implementation process will be hampered by reality. In Velliu's paradigm, globalization can be understood as the direction in which the world as a whole is moving. Globalization doesn't refer to anything. Many articles and books on globalization define it as having three main dimensions: economic, political and cultural. As mentioned above, globalization is three-dimensional, and the three main dimensions cannot be carried out singly. The McDonaldization of economics is still happening in many brands today. This generalized mode of adapta...