What is the relation between economics and globalization?

 Economic globalization is going along continuously. Globalization causes various changes. Globalization appeared in politics, culture, society, and others. Today, I'll talk about the economic globalization.

 I think that economic globalization's first step is export. South Korea, until now, has been high class in semiconductor, shipbuilding, smart phone, and others. Especially, Samsung is one of major company that contributed to the growth of the Korean economy.

 Economic globalization has pros and cons. Like everything else, pros and cons exist at the same time. First of all, effectiveness will increase and economic innovation will also cause. So, globalization make a difference to Korean economy. Market will expand gradually because free competition increases more and more. Price also will be stable. Development of major companies and other companies causes to economic stability. These are all advantages of economic globalization. There are weakness too. The gap between major company and small company bring up social inequality. It causes to the gulf between rich and poor. The gulf between rich and poor is the situation that can destroy our society. Now that globalization is intensifying, there are many part-time jobs, unemployment problem, and finding employment problem. Underemployment like a non-regular worker is also big problem. Our economic society problems are all weakness of economic globalization.

 In the world, we can see the globalization of economy. A good example of this is  the 'WTO'. WTO is the world trade organization. WTO is an international organization for the purpose of global economic growth through trade liberalization. In other words, the organization establishes the fundamental provision, administrates, and observes that principle. Economic organization was formed like the WTO, globalization of economy is growing up rapidly. However, these organization will be weakness for developing countries. Trade is activated, the reliance between the countries becomes high. But developing countries have specific limitations of natural resources and labor. So they rely on advanced civilization. They can't upgrade their techniques. Then, developing countries cannot help making a deal with an inequality condition.

 How to protect developing countries? Globalization of economy has not only advantages. What is the way that can conquer the weakness of economic globalization?

(Extra blog) Korea gender ratio graph

It is Korea gender ratio from 1970 to 2005. 

It was highest in 1990 and It is lowest in 1997. 

It is korea gender ratio graph from 1960 to 2010.

Downside of China's economic growth

China's economy has been raised rapidly. In the background, there were a number of people. Population is the most important element. China can easily get labor force into cheap price.

Now, China's average economic growth rate approach around 10%. It is actually surprising numerical value. World economy is affected by economic indicators of China. But from a longer perspective, China's economy has many problems.

First, domestic needs is weak compared to exports. It is came from income-gap between low income class and high income class and weakness of social security.

second, According to the book, China's economy stand on the edge of precipice, there are many uncompetitive companies,
State-owned enterprises monopolize the market but they have not made a profit,
Communication companies maintain lower service, call quality but they appropriate expensive charge. And China have too many rules and regulations. High taxes is typical.

More than all, Chinese pride is really high. It is very dangerous thinking like western nations did. Pride can be driving force but it can be poison.


I think that China can be the top 2 with United States.
Can they do replace the strongest nation? I don't know well.
China's economic growth is these days hot issue.
It is worth watching the change of the balance of power in world economy.

Do you agree or disagree with the sentence 'Modern world is more peaceful and less violent'?

To conclude, I don't believe that modern society is more peaceful and less violent.
The more world progress, the more we are exposed to risk elements such as crime, drug and poverty, something like that,

I accept, of course, TED's opinion.
As time passed, people recognized respect for life and each individual got basic human right. As a result society naturally evolved into a more peaceful place.

But, modern society have many kind of digital devices, technology and so on.
So people can easily contact unhealthy contents.
Especially, the power of internet is very influential. You can buy a dangerous drug or a gun or adult goods, if you put your mind to it.

Therefore, we have to remember that modern society is still dangerous
and we have to be careful when we act or when we collect any information.

What is the relation between culture and globalization?

 Now you can see anywhere in the global culture. Global language, food, lifestyle, leisure, and so on exist everywhere. They have positive relationship each other, but they also have negative relationship each other.

 First, positive relation. Nowadays, cultural exchanges are increasing between state and nation. They can understand each other, so mutual understanding increases. The wider mutual understanding is, the more various culture is. Because culture can fusion. This happening cause mitigation of heterogeneity and composition of the consensus. Therefore, dissension between nation and nation decreases and the intersection occurs between peoples. Soon, it raises the global integration. Diversity. And people who can accept diversity. I think it is important factor between globalization and culture.

It is a K-POP Concert. The concert held open to many country, Sometimes, more than 15,000 k-pop fans in the U.S. enjoyed this concert. It showed k-pop's growing popularity overseas.

 Second, negative relation. The global integration have destructive nature. The cultural acceptance is a good thing. But the unconditional acceptance can destroy indigenous culture. Tradition can easily collapse. People want new, western, and unique things. So they quickly forgot their own things. This is bad situation. This is a result of absorbing other cultures without filtration. It can bring destruction of previously inherent basic order of the state and nation. So, when people accept the global culture, they should be careful and avoid the unconditional acceptance.

People enjoyed fatty food that came from Western country. But these foods can injure our health and become more obese. 

I think global cultures are a double-edged sword. But we can't remove them. We have no choice but to accept globalization of culture. We have to correct about unconditional acceptance and do not forget our own culture. This is a solution about globalization's problem. What do you think?

What is the relation between globalization and culture ?

  Globalization is the increasing intermixing between countries throughout the world. This is happening in many diferent ways. Like economic relations, business relations, political relations. But also it's happening at more personal individual levels more and more with easy and available information sharing like youtube or even travel.

 

  Although there is increased interdependency and intermixing between societies throughout the world, not all these societies value and believe the same thing. Their culture is completely different. This can create tensions between countries that may be reliant on each other economically, or trying to maintain some kind of political peace. Also a lot of criticisms of globalization are that it actually pertains to global westernization which means that American or Western European beliefs and values are being the most weigh in the balance between cultures.

extra blogging-Internet

Q1.Can we think of some products or industries that have been disrupted by internet?

A1. As we can see the graph below, people are recieve news from TV or Internet. And internet supply grows continually. So paper news production disrupted.

<↑ the way people recieve news>

 

Q2. How many Korean have gaming consol?

 

A2. I can't find numer of people accurately, but most Korean people used to Internet game. (yellow graph)

second is mobile game(blue graph).  And  statics from 'Korea Creative Contents Agency' , Korean game user have console game only 15.8%. From these, we can know  Korean don't using console game much.