What is Globalization?- Kim Gaeun

 Summary

Globalization means that the boundaries between countries are becoming less important, and areas like the economy, politics, society, and culture are getting more connected. It is mainly driven by developments in transportation and communication, the growth of international trade, and the free flow of capital and information. Because of this, the role of nation-states is weakening, while global competition and cooperation are becoming more important.

Interesting Points

I find it interesting that globalization is not just about integration but involves many complicated changes. For example, the activities of multinational companies and the new international division of labor reduce the meaning of borders and bring countries closer in terms of culture and systems. At the same time, globalization can create economic growth and cultural exchange, but it can also lead to problems like growing inequality and cultural dependency. This shows the positive and negative sides of globalization. 

Questions for Discussion 

Why does globalization help economic growth but also make social inequality worse? One reason might be that capital moves across borders freely, while labor is still restricted by policies and institutions. This imbalance creates unequal effects on countries and societies.

Is globalization good or bad for cultural identity? On the one hand, cultural exchange can make societies more diverse. On the other hand, the spread of dominant cultures can make the world more similar, so the impact can be seen in both ways.

Conclusion

Globalization has both benefits and drawbacks. It changes the economy, politics, and culture all at once, which creates opportunities but also challenges for countries and people. In the future, globalization will likely grow stronger with new technologies, international cooperation, and cultural exchange. That is why it is important to understand it in a balanced way and think about how to respond to it.

References 

Sang-Sik Park, "What is Globalization?", Korean Political Science Review, https://www.dbpia.co.kr/journal/articleDetail?nodeId=NODE00763650

  "The Role of the State in the Age of Globalization", ScienceON, https://scienceon.kisti.re.kr/srch/selectPORSrchArticle.do?cn=NART56301644

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What is Globalization?- Kim Gaeun