Blog Assignment 1 - What Is Globalization? / Minjeong Lee

1. Summary

Globalization is a complex, pluralistic mix of elements. One of the views on globalization is that it is difficult to define, and there are differences in perspective, including global governance, global citizenship, human rights, and immigration. The other is that globalization is a target, perspective, and horizontal line. These two views converge into one through the multidimensional view of globalization.

Globalization can be seen in many areas, such as political, cultural, and economic factors. In the past, political globalization was carried out through war. Today, on the other hand, it's tried through diplomacy and international organizations. Cultural globalization is the most prominent part of globalization, for example Westernization and McDonaldization. Economic globalization is increasing the economic interdependence of national economies around the world as cross-border movement of goods, services, technology and capital increases dramatically.

The term 'Glocalization' represents globalization best. It's a new term, a management strategy that adapts to local culture and meets customer needs while pursuing globalization. For globalization, localization strategies that differentiate and produce products according to the needs of the local market are critical.

There are three characteristics of globalization. First, the two directions of globalization are to increase global connectivity and raise global awareness. Second, countries around the world are joined by many international organizations. We can discuss both international and domestic issues through international organizations. This is one of the biggest characteristics of globalization. Third, globalization consists of culture, society, politics and economics, the main aspects of human life.

2. New/Interesting/Unusual things I learned

I thought globalization was simply the political, cultural and economic component of one society that was accepted by another. Through this article, I learned that globalization may change depending on the characteristics of the society as the elements of the existing society spread to other societies.

3. Discussion

International organizations such as the WTO, EU, NATO and OECD are examples of economic globalization. They believe that while globalization is a positive effect, developing countries that do not belong to international organizations are more marginalized. There are countries that grow and fall behind as globalization progresses. In order to achieve a true globalization, these negatives must also be considered. What do you think about this problem?