CHAPTER 9 – GLOBALIZATION, INEQUALITY, AND DEVELOPMENT
THE CREATION OF A GLOBAL VILLAGE
-In the past, too travel, you would have to meet with a travel agent to book a trip. You might
have to apply for a Visa which was a tedious process.
-To be able to use money in a foreign country you would have to purchase traveller`s cheques
because there were no ATMs.
-Nowadays, booking a travel flight is simply done over the Internet.
-It is much easier to purchase things in different countries without having to convert cash to
-Credit cards are worldwide.
-Most countries have English speakers so it’s easier to communicate.
THE TRIUMPHS AND TRAGEDIES OF GLOBALIZATION
-People throughout the world are now linked together as never before.
-Consider these facts:
International telecommunication has become easy and inexpensive.
Between 1982 and 2006, the number of international tourists increased by 205
International trade and investment have increased rapidly. (e.g. foreign direct
Many more international organizations and agreements now span the globe.
The Internet did not exist in 1982, but in 2006 it comprised 439 million servers
connecting more than 1 billion people from around the world through email, file
transfers, websites, and videoconferencing.
-Globalization has transformed and improved the way we live.
-However, not everyone is happy with globalization.
Inequality between rich and poor countries remains staggering and increasing.
Rather than spreading wealth, globalized industries and technologies may be turning
the world into a more unequal place.
-Critics of Globalization
It may be hurting local cultures and the natural environment.
Some suggest it is a form of imperialism, the economic domination of one country
oAnti-globalization activists believe it puts the entire world under the control of
powerful commercial interests.
It contributes to the homogenization of the world, the cultural domination of less
powerful by more powerful countries.