Globalization

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Globalization Computer

• Michael Tsang
• Mandy Ling

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Globalization Computer

• Definition of Globalization
• History of Globalization
• Impacts of computers
• Benefits to societies
• Costs to societies
• Benefits to individuals
• Costs to individuals
• Ethical issues
• Legal or other changes necessary

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Definition of Globalization

• Development
• Integrated global economy
• Marked by
• Free trade
• Free flow of capital
• Tapping of cheaper foreign labor markets

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History of Globalization
1350 Silk Road Horse, Cameral, Foot
1492 Columbus Ship
1500-1750 European Seaborne Empires Ship
1750-1950 Industrial Capitalism Railway and Steam ship
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Impacts of Computers

• 1991
• World Wide Web
• 1996
• Internet was being common use
• Computer Internet
• Electronic communication
• Efficiency information exchange
• Competing in business world
• Technology push Globalization
• Globalization pull Technology

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Benefits to Societies

• Lift people out of poverty
• China 200 millions people
• Vietnam poverty ratio ?7 a year
• Uganda poverty ratio ?6 a year
• Higher standards of living
• Cheaper imports DVD Player 28
• Inject additional income
• U.S. 500 billion to 1 trillion annual
• Rising exports
• European Union

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Costs to Societies

• Income inequality
• Increase demand on social support
• Social injustices
• Increase social conflict
• Nations have less power
• Unable to control and manage
• Money
• Technology
• Markets
• Illegal activities using technology
• Terrorist
• Criminal

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Benefits to Individuals

• Increase opportunities
• Global opportunities
• Large global company
• Increase real money earning
• Professionals
• Better working environment
• Home office
• Higher standards of living
• Cheaper imports

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Costs to Individuals

• Loss of labor market
• Manufacturing shift to low labor countries
• Same unemployment rate
• Job missed skewed to low-skilled jobs
• Decrease in real money earning
• Workers
• education under professional graduate degree
• Relocate of professional
• Microsoft Windows 7 partial developed in India

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Ethical Issues

• Environmental damages
• Continuous economy growth
• Negative impact to quality of life
• Hole in ozone layer
• Greenhouse effect
• Global Warming
• Privacy
• Tax Return prepared in India
• Intellectual Property
• Information exchange without regulation

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Legal or other Changes Necessary

• International regulation
• Environment
• Long term growth
• Better quality of life
• Privacy
• Intellectual property
• Encourage innovation
• Security
• Expand from physical world to technology world
• U.S. policy
• Income inequality
• Social injustices

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Conclusion

• Technology push globalization
• Globalization
• Benefits
• Costs
• Ethical issues
• International regulation
• U.S. nation policy
• Globalization pull technology

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Questions?