PRESENTERS:FAIZA SIDDIQUITALHA SIDDIQUITAHIRA SIDDIQUI

“CONTEMPORARY ISSUES OF

GLOBALIZATION”&

“TECHNOLOGICAL DEVELOPMENT”

GLOBALIZATION The increased movement of people, goods, capital

and ideas that occur due to increased economic integration.

According to (OECD) globalization is defined as:

“An increasing internationalization of markets for goods and services, the means of production, financial systems, competition, corporations,

technology and industries.”

TECHNOLOGICAL DEVELOPMENT

IT is a driving factor in the process of globalization.

Advances in technology are one of the main reasons that globalization has escalated in the past decade.

Knowledge & high tech industries are the fastest growing in the world today and for countries to compete.

Many argue that this is increasing the power of the MNCs in international markets and weakening the bargaining power of developing countries.

According to (ITU) World Report:

The total amount of users reached more than 2.7 billion (39 percent of the world’s population) by 2013.

The industrialized countries are the source of the technological revolution that facilitated globalization but that revolution also has negative effects on the rest of the global economy especially LDCs.

Some of the poorest countries in the world especially in Africa, may get poorer.

Decisions made by the economic powers (e.g. U.S) are not in the interests of the developing countries.

Super tankers have increased the scale of trade between countries.

Negative side of transport technology (e.g. Afghanistan, Iraq &Egypt).

ISSUES OF GLOBALIZATION & TECHNOLOGY

Following are the some contemporary issues:1. Financial instability2. Cut throat competition3. Urbanization & industrialization 4. Bioengineered food5. Global inequality6. Nuclear power

cont’d..7. Global digital divide8. Climate change9. Forced migration10. Communicable disease11. Westernization12. Global justice

1. FINANCIAL INSTABILITY

Lack of infrastructure. Unaware of technology. Lack of resources. The developing countries now spend $13 on debt

repayment for every $1 it receives in grants. Financial instability problems. The most obvious one

is the economic hardship following the resulting crisis, which particularly hurts the poor.

2. CUT-THROAT COMPETITION

Opening the doors of international trade has given birth to intense competition.

New technology increase competition. Disparity issues Technological improvements change

economies and can lead to unemployment.

3. URBANIZATION & INDUSTRIALIZATION

Urbanization as poverty driven rural-push migration without concomitant industrialization.

Most push migrants settle in slums & in information sector

4. BIOENGINEERED FOOD

Loss of nutritional value. Reduction of the efficiency of antibiotics. New viruses could evolve from the mass

production of Bio-engineered food. The more that gene technology is used,

the worse the environment will become. Some countries will not be able to afford.

5. GLOBAL INEQUALITY

Wealth concentrated in the developed world

Poorest 40 percent of global population—5 percent of global income

Richest 10 percent—54 percent of global income

Global markets have exacerbated this problem: The gap between rich and poor is growing.

6. NUCLEAR POWER

April 1986 - Explosion at Chernobyl Nuclear Power Plant 31 people died in the immediate aftermath of the explosion.

An area of 1,00,000 Sq KM is uninhabitable for 20,000 years ….FOREVER.

Around 1,00,000 people evacuated from 20 Km radius area.

since 3600 BC, there have been 14,531 wars resulting in 3 billion deaths over the years. Peace prevailed for a total of only 292 years on earth, about 5% of the time.

7. GLOBAL DIGITAL DIVIDE

It is the global disparities b/w developed & developed countries in regards to access to computing and information resources.

It causes a significant problem in poorer nations. Cannot afford to invest into technology. This puts these countries at a competitive and

economic disadvantage. Only 7% of the world's 6.4 billion people have had

access to the www. It is basically the north-south divide of "northern"

wealthier nations and "southern" poorer ones. The Rich getting Richer at the Disadvantage of

the Poor

8. CLIMATE CHANGE Global climate change has already had observable

effects on the environment. Because of this change global warming & dimming

occurred. Global Dimming: Reduction in the amount of the

sun's energy reaching the Earth's surface. Its effect are … leads to acid rain Respiratory disease Water in northern part become colder.

Cont’d... Global climate change has already had observable

effects on the environment. Because of this change global warming & dimming

occurred.

Global Warming: is defined as the increase in the atmospheric temperature.

Its effect are … Sea level rises in the end century. Storms come heavily Less fresh water available

9. FORCED MIGRATION: It refers to the coerced movement of a person or persons

away from their home or home region. Causes: - Natural disaster or manmade disaster - War & war against terrorism - Fleeing persecution (for political, social, ethnic, religious

reasons) - Slavery Effects: - Leads to increase crime rate - Unemployment - Low standard of living - Difficult to adjust with new environment

10. COMMUNICABLE DISEASE

A disease that can be communicated from one person to another. (Like hepatitis, chicken pox, AIDS, flu etc).

Globalization has increased the spread of infectious diseases from South to North.

These disease are causing high mortality rates especially in low and middle income countries because of less education and scarcity of resources and technology.

11.WESTERNIZATION

Adaptation of Western culture.

Social process of becoming familiar with or changing to the traditions and practices of Western civilization.

Effect of westernization: Lost of culture and true identity.

12. GLOBAL JUSTICE: Global justice is an issue in political philosophy arising

from the concern that the world at large is unjust

1. Global Justice For All: Clean air, clean water, food, health, educational system.

2. Respect for the Earth: Respect the rest of creation and the environment as well.

3. Abundance and Freedom are Possible: Liberty, truly free markets, and equal justice.

THANK YOU !!

ANY QUESTION ??