DEVELOPMENT OF GLOBAL

WORLD IN 21
ST
CENTURY
Globalization is the system of
interaction among the countries of the
world in order to develop the global
economy. Globalization refers to the
integration of economics and societies all
over the world. Globalization involves
technological, economic, political, and
cultural exchanges made possible largely
by advances in communication,
transportation, and infrastructure.
ACTIVATING YOUR COMMITMENTS

CONNECTING ACROSS DIFFERENCE

FORGING NEW RELATIONSHIPS

SPREAD AND CONNECTEDNESS OF PRODUCTION,
COMMUNICATION, AND TECHNOLOGIES ACROSS THE WORLD

Globalisation
could involve all
these things.
Following aspects of Globalization is developed in 21st century-
1. TECHNOLOGICAL
2. ECONOMIC
3. CULTURAL
4. POLITICAL and MILITARY

THESE ASPECTS ARE ALL INTERCONNECTED.!!!

Humans have interacted over long distances for thousands of years. The overland Silk Road
that connected Asia, Africa, and Europe is a good example of the transformative power of trans
local exchange that existed in the "Old World". Philosophy, religion, language, the arts, and
other aspects of culture spread and mixed as nations exchanged products and ideas. In the 15th
and 16th centuries, Europeans made important discoveries in their exploration of the oceans,
including the start of transatlantic travel to the "New World" of the Americas. Global
movement of people, goods, and ideas expanded significantly in the following centuries. Early in
the 19th century, the development of new forms of transportation (such as the steamship and
railroads) and telecommunications that "compressed" time and space allowed for increasingly
rapid rates of global interchange. In the 21
st
century, road vehicles and airlines made
transportation even faster, and the advent of electronic communications, most notably mobile
phones and the Internet, connected billions of people in new ways leading into the 21st century.
Introduction
Contributions of Technology to develop the Global World in 21
st

Century
Technology of 21
st
century have made the world smaller and compressed.
Internet have connected billions of peoples and companies throughout the world which
powers them to get any information in a milliseconds.
Mobile Phones have powered billions of peoples around the world to communicate with
anyone anywhere and any time.
New transport systems such as Airplanes, High speed Railway, Fast and efficient road
vehicle's have made transportation easy and fast.
Especially, Gadgets like Smart phones and Tablets have transformed our lives deeply
with these things we can do our any work like booking the railway tickets or other
work any where and anytime.

Using IT in Globalization
Information and communication technology or IT has played a major role in spreading
out production of services across the countries. Let us see a example how-

A news magazine published in London is to be designed and printed in Delhi. The text
of the magazine is sent through the internet in Delhi office. The designers in Delhi
office gets on how to design the magazine from the office in London using
telecommunications facilities. The designing is done on a computer. After printing it is
sent by air mail to London. Even the payment of money for designing and printing
from a bank in London to a bank in Delhi is done instantly through E-Banking!!
Contributions of Internet
The Internet connects computer users around the world. From 2000 to 2009, the number of
Internet users globally rose from 394 million to 1.858 billion. By 2010, 22 percent of the world's
population had access to computers with 1 billion Google searches every day, 300 million Internet
users reading blogs, and 2 billion videos viewed daily on YouTube. According to research firm
IDC, the size of total worldwide e-commerce, when global business-to-business and -consumer
transactions are added together, will equate to $16 trillion in 2013. IDate, another research firm,
estimates the global market for digital products and services at $4.4 trillion in 2013. A report by
Oxford Economics adds those two together to estimate the total size of the digital economy at
$20.4 trillion, equivalent to roughly 13.8% of global sales. While much has been written of the
economic advantages of Internet-enabled commerce, there is also evidence that some aspects of the
internet such as maps and location-aware services may serve to reinforce economic inequality and
the digital divide. An online community is a virtual community that exists online and whose
members enable its existence through taking part in membership ritual. Significant socio-technical.

change may have resulted from the proliferation of such Internet-based social networks. Online
services such an Google Maps have helped to explore all the world and also outside it. And
Wikipedia, have provided us with many things from which we can acquire knowledge. Facebook,
which have connected more than 1.2 billion peoples who can share their thought with whole world
and communicate with there family and friends. So, with internet we can share our thought ,talk
to peoples, buy and sell things, manage our work and many other things .
So, we can say that internet have made our world more globalized then ever.
The Wikipedia website accessed on an
iPhone. Research suggests mobile
technology could benefit education in
poor countries.
Modern aviation has made
it possible to travel long
distances quickly.
Due to Technology
now humans are
exploring outside
their world.
New and
Advance Gadgets
have transformed
our lives.
High Speed Railways have made the transportation of
peoples from one place to other extremely easy and
fast.
Mega-Ships have made the transport of
goods from one place to other cheap, fast
and easy.
What is Economic Globalization?
Realization of a global common market, based on the freedom of
exchange of goods and capital. The interconnectedness of these
markets, however meant that an economic collapse in any one
given country could not be contained.
What is Economic Development?
Economic development generally refers to the sustained, concerted actions of
policymakers and communities that promote the standard of living and economic
health of a specific area. Economic development can also be referred to as the
quantitative and qualitative changes in the economy. Such actions can involve
multiple areas including development of human capital, critical infrastructure,
regional competitiveness, environmental sustainability, social
inclusion, health, safety, literacy, and other initiatives. Economic development differs
from economic growth. Whereas economic development is a policy
intervention endeavor with aims of economic and social well-being of people,
economic growth is a phenomenon of market productivity and rise in GDP.
Consequently, as economist Amartya Sen points out: economic growth is one aspect
of the process of economic development.
What are the 5 aspects of Economic Development in 21
st

century?
1. We are in a Global Economy
2. The pace of change will continue to accelerate
3. The components of competitiveness can no longer be pursued separately.
4. Public-Private partnerships become more critical every day.
5. The ability to innovate is the only sustainable competitive advantage.
1. We are in a Global Economy.
While perhaps the most obvious, its also the most important. In the 21st century, we
are truly in a global economy, or as New York Times columnist Tom Friedman says, the
world is flat. In the new flat global marketplace, competition is not just from the firm
down the road. Our competition comes from any person in any corner of the globe with
a good education, a good idea, and a good Internet connection. With the global
marketplace come opportunities for global partnerships opportunities to expand our
markets and increase our competitiveness. As we realize that both our potential
markets and our competitors rest outside the confines of our country, we must realize
that our development approaches must grow beyond the traditional notions of
competing against the city
or county next door for the next smokestack prize.
2. The pace of Change will continue to accelerate.
Competition is intense, and the pace of change will continue
to accelerate. It took 55 years for the automobile to spread to
one-quarter of the U.S. population. It took 35 years for the
telephone to do the same thing. The personal computer
accomplished the same level of market penetration in 16
years, the cell phone in 13 years, and the Internet in only
seven years.
Every day it seems the gadget we bought yesterday
becomes outdated as the new and improved version hits the
marketplace. There are good jobs that exist today that we
couldnt even dream up four years ago: Podcast manager,
blog writer, iPod accessory manufacturer, satellite radio host.
Even the nature of innovation itself is changing:
Innovation is becoming multidisciplinary as different technologies
converge, creating fields that didnt even exist just a
few decades ago. People are debating that
bioinformatics or nanotechnology will become major drivers of the world
economy. This new reality, in which cycle times for products and
ideas continue to shrink, will require all institutions public,
private, educational and non-profit to continually adapt
and change. Those that dont are at risk. Those that do have
the opportunity for reward.
Time is a master with no mercy. As leaders, we are all
responsible for adapting and evolving our organizations to
meet the challenges that time will bring. This is difficult,
because with todays rapid pace of change, change is often
necessary before people are ready to embrace it a particular
challenge for governments at all levels.

3. The components of competitiveness can no longer be pursued
separately.
The world becomes a bit more complicated every day, and in
order to respond to this increased complexity we must realize
that the components of competitiveness can no longer be
pursued separately. Just as technologies are converging to
create new fields of innovation, so are the components of
competitiveness merging to shape economic growth in the
21st century. This reality holds two important lessons at the
local and regional levels:

First, the idea of workforce development, community
development, economic development and educational programs
occurring in separate silos can no longer be tolerated.
These interconnected challenges must be tackled in concert.

4. Public-Private Partnerships
Become More Critical Every Day.
While governments at all levels, universities and other nonprofit
institutions are important players, we must not forget
that the private sector is the most important element of any
successful economic development strategy. Unless the private
sector is ready, willing and able to invest in a community,
economic growth simply will not occur, regardless of how
much government spends. The private sector should not just
have a seat at the table, but should actively be engaged as a
full partner in strategies for economic growth. Within the
parameters of public accountability, the private sector should
be helping to shape the development strategies that will lead
to more higher-skill, higher-wage jobs.
5. The ability to innovate is the only sustainable economic advantage
At the end of the day, it is the ability to innovate that is the
only sustainable competitive advantage in the 21st century. Its
not location. Its not even the cost of doing business. Factors
such as these will continually shift in a dynamic worldwide
economy. But if a nation can maintain its edge in innovation,
it will grow and prosper.
America is clearly the worlds leader in innovation. The
spirit of discovery is one of our national strengths. From
Edisons light bulb to Jarviks artificial heart to the iPod to the
frozen pizza, we have brought more technological breakthroughs
to the marketplace than any other nation and this
has made not just America, but the world, safer, healthier,
more productive and more prosperous.
The 20th century undoubtedly belonged to the United
States. Our leadership in the 20th century was founded on our
ability to foster new ideas and bring them to fruition. At the
dawn of the 21st century, we must not be complacent in our
prominence. More than ever, international competitors are
rapidly commercializing technological advances, educating
highly skilled workforces and offering world-class research
opportunities.
Companies by necessity must continually innovate to
stay one step ahead of their global competitors, especially as
the pace of change in our global marketplace continues to
accelerate. If they dont, they will cease to exist. There are no
pit stops in this race.
Meanwhile, government and nonprofit leaders at all levels
have the same responsibility to adapt their approach to fit the
changing times. Government by design moves slowly, and
that can be a problem in our fast-moving economy.
Unless government can offer flexible and innovative programs and
tools to economic regions, we risk putting these areas that we
are responsible for at a competitive disadvantage in the global
marketplace. Innovation is just as important in the public
sector as it is in the private sector.
Growth of cross-cultural contacts; advent of new categories of
consciousness and identities which embodies cultural diffusion, the
desire to increase one's standard of living and enjoy foreign products
and ideas, adopt new technology and practices, and participate in a
"world culture".
Spread of McDonalds all over the world is known as McDonaldization
of World.
Aspects Of Cultural Globalization
Another Aspects
Culture is
dynamic...
Each culture has its
own personality.
The fact that we are
all human does not
mean that we are
all the same.
It refers to the intensification and expansion of political interrelations around the globe.
Aspects of political globalization include the modern-nation state system and its
changing place in todays world, the role of global governance, and the direction of our
global political systems. Some use "globalization" to mean the creation of a world
government which regulates the relationships among governments and guarantees the
rights arising from social and economic globalization.

The interaction and coalition of two or more militaries to fight on similar issue is
known as Military Globalization.
Effects of Military Globalization -
Nuclear Bombs Fighters
Advance Bombs
Ecological globalization refers to the global environmental issues. Topics of ecological
globalization include population growth, access to food, worldwide reduction in
biodiversity, the gap between rich and poor as well as between the global North and global
South, human-induced climate change, and global environmental degradation.
Burning forest in Brazil. The removal of forest to make way
for cattle ranching was the leading cause of deforestation in
the Brazilian Amazon from the mid-1960s. Soybeans have
become one of the most important contributors to
deforestation in the Brazilian Amazon.
What is Ecological globalization
Deforestation of the Madagascar
Highland Plateau has led to extensive
siltation and unstable flows of western
rivers.
The Karnataka State Farmers' Movement
(KRRS) burn genetically modified crops as
part of the "Cremate Monsanto" campaign.
Karnataka
Negative Effects of Globalization in 21
st
Century
Increased flow of skilled and non-skilled jobs from
developed to developing nations as corporations seek
out the cheapest labor.
Threat that control of world media by a handful of
corporations will limit cultural expression .
Greater chance of reactions for globalization being
violent in an attempt to preserve cultural heritage .
International bodies like the WTO infringe on
national and individual sovereignty .
Increase in the chances of civil war within developing
countries and open war between developing countries.
The attacks of 9/11


Abhishek Anand
Akash Yadav
Abhishek Keshari
Harshvardan Garg