What is Globalization?

1. What is Globalization? Accordingly, globalization is not only something that will concern and threaten us in the future, but something that is taking place in the present and to which we must first open our eyes. Ulrich Beck

3. Globalization of Dubai

4. Where is Dubai?

5. Dubai Case Study • Read and discuss the case study. • What did Dubai do to improve its situation on the global scale over the last 40 years? • Why might the globalization of Dubai be controversial. (Dubai is in the heart of the Islamic world.) • It means relaxing of their values and beliefs.

6. Globalization of Dubai • YouTube - Dubai and Globalization

7. Burj Tower

8. Al Burj Hotel

9. Dubai Mall

10. Dubai Mall Virtual tour

11. Globalization Research • In a group of 2-3, research the following questions: • What are the benefits to globalization? • What are the negative effects of globalization? • What is causing these negative effects? • How have these effects impacted the world? • Reflection on your findings. • In what ways do corporations play a positive role globally? • Find examples which demonstrate the effects of globalization.

12. What are the beneficial effects of Globalization? • Improved Technology • Increases a country’s wealth with economic growth. • Increases communication around the world and across countries. • Decreases the size of the world. • Exposes people of the world to products from around the world. • Globalization has rapidly improved the social and economic status of women in the developing world. • Over the past 20 years, 200 million people have left absolute poverty • Advances in medicine, improved public health policies, and greater food supplies have lowered infant mortality and lengthened life expectancy. • Child labor declines as a country’s income increases.

13. Hidden Face of Globalization • Hidden Face of Globalization

14. Negatives of Globalization

15. What are the negative effects of globalization? • Developed nations have outsourced manufacturing and white collar jobs. • Globalization has led to exploitation of labor. • Job insecurity. • Terrorists have access to sophisticated weapons enhancing their ability to inflict damage. • Companies have set up industries causing pollution in countries with poor regulation of pollution. • Fast food chains like McDonalds and KFC are spreading in the developing world.

16. Negatives cont. • The benefits of globalization are not universal. • Bad aspects of foreign cultures are affecting the local cultures through TV and the Internet. • Enemy nations can spread propaganda through the Internet. • Deadly diseases like HIV/AIDS are being spread by travelers to the remotest corners of the globe. • Local industries are being taken over by foreign multinationals. • Transnational corporations which were previously restricted to commercial activities are increasingly influencing political decisions.

18. What is being done to stop the negative effects of globalization?

19. What are the beneficial effects of Globalization? • Improved Technology • Increases a country’s wealth with economic growth. • Jobs • Increases communication around the world and across countries. • Decreases the size of the world. • Exposes people of the world to products from around the world. • Globalization has rapidly improved the social and economic status of women in the developing world. The explanation is straightforward: • In a competitive, globalized world, the role of women becomes ever more valuable. Cultures that exclude women from full participation (e.g., Saudi Arabia) fall ever further behind.

20. Benefits cont. • Over the past 20 years, 200 million people have left absolute poverty -- defined as living on the equivalent of less than $1 a day. • Advances in medicine, improved public health policies, and greater food supplies have lowered infant mortality and lengthened life expectancy. • In developing countries in the 1950s, 178 children per every 1000 live births died before reaching their first birthday. By the late 1990s, the infant mortality rate in these countries had declined to 64 per 1000. Life expectancy increased from 44 years in 1960 to 59 years in 1999. • Child labor declines as a country’s income increases. As trade promotes economic growth, globalization results in less child labor over time. • In 1960, children made up 32 percent of the labor force in low-income countries. Forty years later, following the massive expansion in international trade, child labor in the same countries had declined to 19 percent.

21. What are the negative effects of globalization? • Developed nations have outsourced manufacturing and white collar jobs. • That means less jobs for their people. This has happened because manufacturing work is outsourced to developing nations like China where the cost of manufacturing goods and wages are lower. • Globalization has led to exploitation of labor. • Prisoners and child workers are used to work in inhumane conditions. Safety standards are ignored to produce cheap goods. • Job insecurity. • Increased job competition has led to reduction in wages and consequently lower standards of living. • Terrorists have access to sophisticated weapons enhancing their ability to inflict damage. • Companies have set up industries causing pollution in countries with poor regulation of pollution. • Fast food chains like McDonalds and KFC are spreading in the developing world. • People are consuming more junk food from these joints which has an adverse impact on their health.

22. Negatives cont. • The benefits of globalization is not universal. • The rich are getting richer and the poor are becoming poorer. • Bad aspects of foreign cultures are affecting the local cultures through TV and the Internet. • Enemy nations can spread propaganda through the Internet. • Deadly diseases like HIV/AIDS are being spread by travelers to the remotest corners of the globe. • Local industries are being taken over by foreign multinationals. • The increase in prices has reduced the governments ability to sustain social welfare schemes in developed countries. • There is increase in human trafficking. • Transnational Companies and corporations which were previously restricted to commercial activities are increasingly influencing political decisions.

23. BOOM to BUST?Not all is golden • Dubai in debt crisis • Global Fears over Dubai because of Globalization