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Globalization” is a term that came into popular usage in the 1980’s to describe the increased movement of people, knowledge and ideas, and goods and money across national borders that has led to increased interconnectedness among the world’s populations, economically, politically, socially and culturally. There are heated debates about globalization and its positive and negative effects. While globalization is thought of by many as having the potential to make societies richer through trade and to bring knowledge and information to people around the world, there are many others chat com free sex tr perceive globalization as contributing to the exploitation of the poor by the rich, and as a threat to traditional cultures as the process of modernization changes societies.

Increasingly over the past two centuries, economic activity has become more globally oriented and integrated. 65 percent of the total economic production, or GDP, is associated with international trade. Economists project that, in the U. 50 percent of the new jobs created in this decade will be directly linked to the global economy. The recent focus on the international integration of economies is based on the desirability of a free global market with as few trade barriers as possible, allowing for true competition across borders. Many economists assess economic globalization as having a positive impact, linking increased economic transactions across national borders to increased world GDP, and opportunities for economic development.

Globalization has impacts in the political arena, but there is not a consensus among social scientists about the nature and degree of its impact on national and international politics. Some political scientists argue that globalization is weakening nation-states and that global institutions gradually will take over the functions and power of nation-states. These scholars also assert that the administrative structures and institutions of the modern nation-state were in part responsible for the conditions that led to industrial expansion. It follows from this argument that in the era of globalization, with its significant changes in global economic relations, the nineteenth and twentieth century model of the nation-state may become obsolete.

The economic orientation of the modern nation-state has been centered on national economic interests, which may often conflict with the global trend towards the free and rapid movement of goods, services, finance, and labor. Changes in political structure and practices resulting from economic globalization are only a partial explanation of changes in world politics in the late twentieth and early twenty-first centuries. To some experts, the demise of the Soviet Union and the Eastern bloc a decade ago promised a new era of world peace and increased openness. The processes of globalization accelerated as goods, ideas and people flowed more freely across borders in the post-Cold War political environment. In place of policies of containment, the international community fostered policies of openness to trade and based on the principles of democracy and rights.

Informational services: The past two decades have seen an internationalization of information services involving the exponential expansion of computer-based communication through the Internet and electronic mail. On the one hand, the electronic revolution has promoted the diversification and democratization of information as people in nearly every country are able to communicate their opinions and perspectives on issues, local and global, that impact their lives. News services: In recent years there has been a significant shift in the transmission and reporting of world news with the rise of a small number of global news services. This process has been referred to as the “CNN-ization of news,” reflecting the power of a few news agencies to construct and disseminate news. Thanks to satellite technology, CNN and its few competitors extend their reach to even the most geographically remote areas of the world. Popular culture: The contemporary revolution in communication technology has had a dramatic impact in the arena of popular culture.

Information technology enables a wide diversity of locally-based popular culture to develop and reach a larger audience. For example, “world music” has developed a major international audience. Old and new musical traditions that a few years ago were limited to a small local audience are now playing on the world stage. On the other hand, globalization has increased transmission of popular culture easily and inexpensively from the developed countries of the North throughout the world. Consequently, despite efforts of nationally-based media to develop local television, movie, and video programs, many media markets in countries of Africa, Asia, and Latin America are saturated with productions from the U.

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