GLOBALISATION

Globalisation

Globalisation

What is Globalisation?

Globalisation is a very broad and complex process that affects all spheres of our lives. This means creating a new type of relationship between businesses, countries and societies. Is the term process in which events, decisions and actions occurring in one part of the world have significant consequences for individuals and societies, even in remote parts of the globe. Areas of globalization are finance, markets, competitive strategies, technology, research and development knowledge, consumption patterns and lifestyles, regulations, and the image of a unified world. Globalisation provides benefits primarily from the expansion of production scale and extend product life cycles (Lee, et al., 2006, pp.167-184).

The Term "Globalization" has at least three meanings:

Globalisation refers to the process of internationalization of social relations,

It represents a new phase of modernization and capitalist development with an emphasis on international relations,

It identifies new trends in the development of culture.

Symptoms of Globalization in everyday life

This process is reinforced by the development of the global financial system and monetary and foreign economies. Globalisation guests with us at every turn. From the cells, computers, restaurants, books such as Harry Potter to the movies. When we go on holiday abroad, we realize that there will see what is in our country for example; we can drink Coca Cola, go to the movie Bridget Jones. Also in the country of residence of globalization is positive (Smeral, 2009, pp.3-13).

Through this process we are dealing with modern technology, our country is growing better, the base is now phone, cell phone or the Internet. Globalization allows us to integrate it with other people, it's easier for us to communicate, helps to reduce the hostility among nations, which probably reduces the risk of the wars and conflicts (Smeral, 2009, pp.3-13).

Factors Influencing the Process of Globalization

After World War II, there has been an extremely rapid development of international economic relations. From 1950 to 1970, international trade turnover has increased fivefold. It has developed in different areas of speed of service. There is large-scale of international capital movements. All this was reflected in the sphere of international financial relations. It developed enormously banking and accounting related to the current lending of foreign trade. Moreover, it places a rigid system of bilateral clearing and multilateral settlement is occupied. In late 1958, the introduction of currency convertibility in West has created new problems of maintaining the balance of payments equilibrium and the adequacy of foreign reserves in the capitalist countries (Lee, et al., 2004, pp. 251-298).

Powerful driver of globalization is the unification of consumption patterns, lifestyles and technology around the globe. It is now very evident that a growing number of people lead more and more like a lifestyle, have similar aspirations of the consumer and professional, just to eat, dress, spend their free time, watch the same television shows, read the same or similar articles in the press, they themselves are taught in schools, universities and training courses. So they look for more and more of the same goods, service and ...