GLOBLISATION

Globalization or (Globalisation) refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas. Globalization accompanied and allegedly contributed to economic growth in developed and developing countries through increased specialization and the principle of comparative advantage.[1][2] The term can also refer to the transnational circulation of ideas, languages, and popular culture.

Terrorism is the systematic use of terror, especially as a means of coercion. In

the international community, however, terrorism has no universally agreed, legally binding, criminal law definition.[1][2] Common definitions of terrorism refer only to those violent acts which are intended to create fear (terror), are perpetrated for a religious, political or, ideological goal; and deliberately target or disregard the safety of noncombatants(civilians). Some definitions now include acts of unlawfulviolence and war. The use of similar tactics by criminal organizations for protection rackets or to enforce a code of silence is usually not labeled terrorism though these same actions may be labeled terrorism when done by a politically motivated group.

Poverty is the lack of a certain amount of material possessions or money.[1] Absolute

poverty or destitution is inability to affordbasic human needs, which commonly includes clean and fresh water, nutrition,health care, education, clothing and shelter. About 1.7 billion people are estimated to live in absolute poverty today. Relative povertyrefers to lacking a usual or socially acceptable level of resources or income as compared with others within a society or country.[1] For most of history poverty had been mostly accepted as inevitable as traditional modes of production were insufficient to give an entire population a comfortable standard of living.

The United Nations (UN) is an international organization whose stated aims are
facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace. The UN was founded in 1945 after World War II to replace the League of Nations, to stop wars between countries, and to provide a platform for dialogue. It contains multiple subsidiary organizations to carry out its missions. There are currently 193 member states, including every internationally recognised sovereign state in the world but the Vatican City. From its offices around the world, the UN and its specialized agencies decide on substantive and administrative issues in regular meetings held throughout the year.

EFFECTS OF GLOBLISATION 1.INDUSTRIAL EFFECT international trade in industrial goods increase more than 100 times(from$95 million to$12 trillion) in 50 years 3.ECONOMIC EFFECT.Global common market based on freedom of exchange of goods and capital. 4.HEALTH POLICY. 5.POLITICAL EFFECT. Creation of world govt.
6.INFORMATIONAL. 7.LANGUAGE The most popular first language is Mandarin(845 million) followed by Spanish(329) and ENGLISH (328) About 35% mail telexes cables are in English 40% of radio programme 50% of all internet traffic in ENGLISH.

8.COMPETITON. 9.ECOLOGICAL. 10.CULTURAL.

11.SOCIAL. 12.TECHNICHAL. 13.LEGAL/ETHICAL. 14.RELGIOUS. INTERNANIONAL TRADE. TRANSNATIONAL CORPORATION FOREIGN DIRECT INVESTMENT THE WORLD TRADE ORGANISATIOIN GATT,NGO,S THE WORLD BANK THE INTERNATIONAL MONETARY FUND. PROS AND CONS OF GLOBALISATION. 1.RISING ECONOMIES. 2.DEMOGRAPHICS. 3.COMMERCIAL DEMAND. 4.INFRASTRUCTUAL IMPROVEMENT. 5.CLOSED MARKET SYSTEMS OPENING UP

6.JOB OPPERTUNITIES. 7.FOREIGN INVESTMENT. 8.UP GRADATON OF LIVING STANDARDS. 9.PROMOTS LIBERTY AND DEMOCRACY.

CRITICS OF GLOBALISATION. 1.POOR COUNTRIES SUFFERING DISADVANTAGES. 2. THE EXPLOITATION OF IMPOVERISHED WORKERS. 3.SHIFT TO OUT SOURCING. 4.WEAK LABOUR UNIONS. 5.EXPLTIOTATION OF CHILD LABOUR. 6.SWEAT SHOP. 7.BRAIN DRAIN.

8. NEGATIVE EFFECTS OF ECONOMIC LIBERALISATION. 9.ENVIRONMENTAL DEGRADATION. 10.FOOD SECURITY. 11.DISEASE. 12.DRUGS AND ILLICIT GOODS TRADE.