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Justice
JOREN BANZON
MARK BELARMINO
SEAN NATIVIDAD
Globalization
Globalization
The term globalization also includes change through the spread of ideas,
information and perceptions which lead to cultural and social changes-World
Health Organization
Integration of trade
Spread of ideas,
information and perceptions
changes
Cultural, economic,
technological, political, social
Globalization
The 7 Factors influencing Globalization:
(1) Historical
The trade routes were made over the years so that goods from one kingdom
or country moved to another. Example: Silk-route from east to west
(2) Economy
The cost of goods and values to the end user determine the movement of
goods and value addition.
The natural resources like minerals, coal, oil, gas, human resources, water,
etc. make an important contribution in globalization.
Globalization
(4) Production Issues
(5) Political
The political issues of a country make globalization channelized as per political bosses.
The regional trade understandings or agreements determine the scope of globalization.
The technological development in the areas of production, product mix and firms are
helping organizations to expand their operations. The hiring of services and procurement
of sub-assemblies and components has a strong influence in the globalization process.
Globalization
(7) Technologies
Globalization
Results of Globalization
Economic change:
Political change:
Technological change:
Globalization
Factors affected by Globalization
Globalization
Social Justice
Social Justice
Procedures, norms, and rules that govern political and other forms of
decision preserving basic rights, liberties and entitlements of
individuals or groups
Human beings are treated with dignity and respect not only by
authorities but also by other social actors such as fellow citizens
Emerged as:
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UN focusing on closing gap between developed and
underdeveloped countries
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Reliance of underdeveloped countries to developed
countries
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Countries, such as US, that gave the global political agenda its shape
and orientations pursued domestic policies such as:
Tax restructuring.
Tax systems became less progressive; there was a shift in emphasis from direct to
indirect taxation, average income tax rates declined owing to cuts in the higherincome tax brackets, and corporate taxes and taxes on unearned income were
reduced.
Reduction in the share of public funds allocated to social problems such as:
Unemployment,
Financial liberalization.
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Shifts in the power and influence of different socioeconomic groups and classes and targeted efforts to
reduce the power and influence of trade unions.
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Policies aimed at avoiding increased inequalities
They did not seek economic independence and certainly did not
apply a new model of economic development instead they:
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References:
http://www.yourarticlelibrary.com/globalization/7-factorsinfluencing-globalization-discussed/22639/
http://monthlyreview.org/2002/06/01/social-justice-andglobalization-are-they-compatible/
http://laboureconomics.wordpress.com/2012/05/14/causes-andeffects-of-globalization-6/
http://www.un.org/esa/socdev/documents/ifsd/SocialJustice.pdf