Globalization describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade.
Diffusion is the process by which a culture item spreads from group to group or society to society.
Impact of globalization and diffusion on world society:
Since the mid-twentieth century globalization has become a buzzword to talk about
societies, and is defined as a way of integrating worldwide government policies, cultures, societies, social movements, financial markets through trade and exchange of ideas. The process of globalization has been accelerated by modern means of communication and transportation, and gives the image that the world is unified globally. The evidence suggests that in the past century more advances have been seen in global prosperity and more people lifted out of poverty than in all human history. There are many reasons for this achievement, but globalization has played an important catalytic role. world poverty has fallen dramatically in the past 30 years. For example, since 1970’s the development in China and India has played a significant role in reduction of the world poverty. However, economic growth is not balanced across the globe. Some countries have witnessed tremendous growth and others have fallen in poverty. For example the Sub-Saharan Africa requires greater focus to deal with poverty. The present uneven economic growth trend has widened the gap between developed and developing countries. According to economic forecasts if the current pattern of uneven economic growth continues, the poorest countries of the world will grow even poorer while the richest countries will become even richer.
The Essay on Effect Of Globalization World Poor Countries
According to J. H. Mittel man, "globalization means a historical transformation in economy and cultural diversity. Globalization is the idea of making the world act like a huge country. Globalization affects this world and the people in this world in many ways. Globalization affects the economy status of a country. It has indeed weakened the position of poor countries and exposed poor people to ...
Impact of globalization and diffusion in Bangladesh:
Globalization is described as a process of (i) ‘expansion of free trade’ (ii) ‘deeper
integration of all economies of the world’ (iii) ‘more communication amongst
different regions’ (iv) ‘faster diffusion of knowledge’ (v) ‘increasing mobility of
capital and labor’ (vi) ‘increasing competition’ and (vii) ‘emergence of global
economy–global market’.
During the last three decades, Bangladesh has experienced different forms of
Governments. Despite the changes in political power and governance, the economic front experienced a continuity of policy and ideology. One of the major factors behind this continuity could be the increasing authority of the Global Institutions (GI) that have been operating in Bangladesh and their decisive involvement in formulating policies and
monitoring implementation of these policies. These institutions include the World
Bank (WB), International Monetary Fund (IMF), Asian Development Bank
(ADB), United Nations Development Program (UNDP), and the United States
Agency for International Aid (USAID).
In the last thirty years Bangladesh had plenty of ‘development’ projects and
accumulated a huge international debt for attaining this ‘development’. During
this process, a number of consultancy firms, think tanks and hundreds of NGOs
emerged, and many experts in different fields were born. Different projects have
provided opportunities for bureaucrats, consultants to travel to other parts of the
world to have training from or consultation with experts in the centers. We now
The Term Paper on A Report On SME Activities Of Bangladesh Development Bank Limited
SME (Small & Medium Enterprise) is an Enterprise that is independently owned an operated and is not dominant in its field of operation. Most of the countries of the world defined small & medium enterprises (SMEs) depending on the size and the size is measured by annual turnover, the number of employees and the balance sheet, i.e. the value of enterprise’s assets. According to Industrial ...
have plenty of experts, consultants and researchers in different fields who have
become a part of international community hungry for the projects and blessings
of the global institutions. Poverty alleviation projects gave enough affluence to
foreign-local consultants, bureaucrats, NGO owners, and researchers. Agriculture
and Water development projects could ensure enough business to international
and national construction firms, bureaucrats, consultants and agribusiness
corporate bodies. Energy and power development projects ensured disastrous
investments and quick high profits for the MNCs. Research and education
programs have succeeded in creating an ideological hegemony by giving birth to a lot of clone intellectuals and experts. Affluence and poverty grew parallel.
The fate of Bangladesh is now being determined by not any elected bodies, not
from any initiative from within but by bureaucratic global institutions, which have
authority here but do not bear any responsibility for their actions. The policies of
different governments regarding industry, agriculture, education, health, trade,
environment, poverty, women have only given legitimacy to the policies outlined
much earlier by the bodies not accountable to the people of this land. And through
these actions, jointly taken by the local governments and the global institutions,
Bangladesh has been moving towards being more and more integrated into the
global capitalist system. Since the local ruling class does have strong lumpen
features and cannot be characterized as productive bourgeosie, Bangladesh is
moving as a blind mindless follower, therefore standing in a very vulnerable state.
This is the face of peripheral capitalism of today, a ‘garbage’ of capitalist centre.
The lumpen ruling class has been fattened and strengthened by the support of the
global institutions. They have surrendered the ‘sovereignty of the state’ to those
and in return are given security and affluence at the expense of the people and the
environment.
Cultural effects
The Term Paper on Third World Countries Poverty People
Poverty occurs in most parts of the world. Nevertheless, the more serious and problematical poverty takes part in the third world and the southern parts of the globe. First of all, we have to clearly define the word 'poverty'; . In a broad sense, it means that people within this 'poverty'; region are poor or have a lower average income per capita than other regions. To a deeper approach, we refer ...
“Culture” is defined as patterns of human activity and the symbols that give these activities significance. Culture is what people eat, how they dress, beliefs they hold, and activities they practice. Globalization has joined different cultures and made it into something different.
One classic culture aspect is food. Someone in America can be eating Japanese noodles for lunch while someone in Sydney, Australia is eating classic Italian meatballs. India is known for its curry and exotic spices. France is known for its cheeses. North America is known for its burgers and fries. McDonald’s is a North American company which is now a global enterprise with 31,000 locations worldwide. This company is just one example of food causing cultural influence on the global scale.
Another common practice brought about by globalization is the usage of Chinese characters in tattoos. These tattoos are popular with today’s youth despite the lack of social acceptance of tattoos in China.[67] Also, there is a lack of comprehension in the meaning of Chinese characters that people get,[68] making this an example of cultural appropriation.
The internet breaks down cultural boundaries across the world by enabling easy, near-instantaneous communication between people anywhere in a variety of digital forms and media. The Internet is associated with the process of cultural globalization because it allows interaction and communication between people with very different lifestyles and from very different cultures. Photo sharing websites allow interaction even where language would otherwise be a barrier.
Conclusion
In sum, it can be concluded that globalization has significantly improved the world
economy, but due to unbalanced and uneven economic growth the world’s social and poverty problems are magnified. The interconnectivity among world nations has created a need for a global collective action to combat the world poverty and create a humanitarian and sustainable global world in the 21st century. In order to make globalization sustainable and viable requires focus from below which involves interdependence at the grassroots level that aims to protect, restore, and nurture the environment; to enhance ordinary people’s access to the basic resources they need to live a dignified existence to democratize local, national, transnational political institutions, and to ease tensions and prevent violent conflict between power centers and authority structures.
The Essay on How Globalization Threatens Cultural Identity
In 1980 a movie came out that turned popular thought to the damage that globalization imposes on cultural identity. “The Gods Must Be Crazy” highlights a simple way that globalization threatens cultural identity. In this movie, the Sho tribe of the Kalahari Desert believes that it has been gifted with a special treat when an empty glass Pepsi bottle falls from a light aircraft flying overhead. ...