Interrlations in a globalized world

Interrlations in a globalized world

1. What Does a globalized world means?

   • Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.

2. Which countries are globalized?

   • Most Global Countries ranking (KOF Index of Globalization, 2011): 1) Belgium (92.6); 2) Austria (91.67); 3) Netherlands (91.17); 4) Sweden (89.26); 5) Switzerland (88.98); 6) Demark (88.96); 7) France (87.65); 8) Hungary (87.62); 9) Portugal (87.28); 10) Ireland (86.45). Globalization Index country ranking (A.T. Kearney/Foreign Policy, 2007 (most recent version): 1) Singapore; 2) Hong Kong; 3) Netherlands; 4) Switzerland; 5) Ireland; 6) Denmark; 7) U.S.; 8) Canada; 9) Jordan; 10) Estonia (In the prior year, the top 10 included: Australia (8), Austria (9) and Sweden (10).) Most Global Cities ranking (A.T. Kearney, 2010): 1) New York City (6.22); 2) London (5.86); 3) Tokyo (5.42); 4) Paris (5.35); 5) Hong Kong (4.14); 6) Chicago (3.94); 7) Los Angeles (3.9); 8) Singapore (3.45); 9) Sydney (3.44); 10) Seoul (3.4).

3. How does globalization affect our world?

   • Globalization aims to benefit individual economies around the world by making markets more efficient, increasing competition, limiting military conflicts, and spreading wealth more equally.

4. What is global interrelatedness?

   • Global Interrelatedness. -analyzing the pattern of global interconnectedness and how it has changed. -Silk Road: China > Roman Empire; brought goods and religions + disease -- Han China, Mongols.