3 - Globalization_and_Development_Nexus_Jan2

3 - Globalization_and_Development_Nexus_Jan2 -...

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Globalization- Development Nexus
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Globalization Globalization The increasing interconnectedness of  people and places through converging - Processes of economic change - Processes of political change - Processes of cultural change Once –distant places/regions are  connected through trade, communication,  and travel. Note: though early forms of globalization  have been in existence for a while now, it is  currently unprecedented.
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What Enhances Globalization  What Enhances Globalization  i. Global communication system that  link all regions on the planet  instantaneously – TV, Radio etc. ii. Global transportation system  capable of moving goods quickly by  air, sea, and land iii. Transnational corporate strategies  that have created corporations more  powerful than some nations 
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What Enhances Globalization- What Enhances Globalization- continued  continued  iv. International financial institutions that  facilitate 24-hour trading.
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This note was uploaded on 05/10/2010 for the course GEOG 040 taught by Professor Siehl,georgehenr during the Spring '07 term at Penn State.

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3 - Globalization_and_Development_Nexus_Jan2 -...

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