***
Modern
During the 19th century, globalization approached its modern form as a direct result of the Industrial Revolution. Industrialization allowed standardized production of household items using economies of scale while rapid population growth created sustained demand for commodities. In the 19th century, steamships reduced the cost of international transport significantly and railroads made inland transport cheaper. The transport revolution occurred some time between 1820 and 1850.[7] More nations embraced international trade.[7] Globalization in this period was decisively shaped by nineteenth-century imperialism such as in Africa and Asia. The invention of shipping containers in 1956 helped advance the globalization of commerce.[41][42]After World War II, work by politicians led to the agreements of the Bretton Woods Conference, in which major governments laid down the framework for international monetary policy, commerce, and finance, and the founding of several international institutions intended to facilitate economic growth by lowering trade barriers. Initially, the General Agreement on Tariffs and Trade (GATT) led to a series of agreements to remove trade restrictions. GATT's successor was the World Trade Organization (WTO), which provided a framework for negotiating and formalizing trade agreements and a dispute resolution process. Exports nearly doubled from 8.5% of total gross world product in 1970 to 16.2% in 2001.[43] The approach of using global agreements to advance trade stumbled with the failure of the Doha Development Round of trade negotiation.
Many countries then shifted to bilateral or smaller multilateral agreements, such as the 2011 South Korea–United States Free Trade Agreement.
{BTW: this agreement was good for South Korea - but so much for the USA}
Since the 1970s, aviation has become increasingly affordable to middle classes in developed countries. Open skies policies and low-cost carriers have helped to bring competition to the market. In the 1990s, the growth of low-cost communication networks cut the cost of communicating between different countries. More work can be performed using a computer without regard to location. This included accounting, software development, and engineering design.
In the late 19th and early 20th century, the connectedness of the world's economies and cultures grew very quickly. This slowed down from the 1910s onward due to the World Wars and the Cold War,[44] but picked up again in the 1980s and 1990s.[45]
{Here is where the Lib-socilist (Demo Party) movement in the USA government injected their " Great Society" programs upon the unsuspecting tax paying US citizens!}
The revolutions of 1989 and subsequent liberalization in many parts of the world resulted in a significant expansion of global interconnections. The migration and movement of people can also be highlighted as a prominent feature of the globalization process.
In the period between 1965–90, the proportion of the labor force migrating approximately doubled. Most migration occurred between the developing countries and least developed countries (LDCs).[46]
The Internet has become influential in connecting people across the world.
*** {Here is the kicker the Internet is key to modern trade and diplomatic - so why would BO just give the usa control over to the UN??} As of June 2012, more than 2.4 billion people—over a third of the world's human population—have used the services of the Internet.[47][48]
Growth of globalization has never been smooth. One influential event was the late 2000s recession, which was associated with lower growth (in areas such as cross-border phone calls and Skype usage) or even temporarily negative growth (in areas such as trade) of global interconnectedness.[49][50]
The DHL Global Connectedness Index studies four main types of cross-border flow: trade (in both goods and services), information, people (including tourists, students, and migrants), and capital. It shows that the depth of global integration fell by about one-tenth after 2008, but by 2013 had recovered well above its pre-crash peak.[22][49]
The report also found a shift of economic activity to emerging economies.[22]
Globalized society offers a complex web of forces and factors that bring people, cultures, markets, beliefs, and practices into increasingly greater proximity to one another.[51]
In general, globalization may ultimately reduce the importance of nation states. Supranational institutions such as the European Union, the WTO, the G8 or the International Criminal Court replace or extend national functions to facilitate international agreement.[78] In particular, the globalization of the US grand strategy may have already reduced the importance of both nation states and the above-mentioned supranational institutions.[79] Some observers attribute a relative decline in US power to globalization, particularly due to the country's high trade deficit. This led to a global power shift towards Asian states, particularly China, which unleashed market forces and achieved tremendous growth rates. As of 2011, the Chinese economy was on track to overtake the United States by 2025.[79]
Other dimensions of globalization
Scholars also occasionally discuss other, less common dimensions of globalization, such as environmental globalization (the internationally coordinated practices and regulations, often in the form of international treaties, regarding environmental protection)[86] or military globalization (growth in global extent and scope of security relationships).[87] Those dimensions, however, receive much less attention the three described above, as academic literature commonly subdivides globalization into three major ares: economic globalization, cultural globalization and political globalization.[11]Globalization of the world's food supply
Since 1961, human diets across the world have become more diverse in the consumption of major commodity staple crops, with a corollary decline in consumption of local or regionally important crops, and thus have become more homogeneous globally.[88] The differences between the foods eaten in different countries were reduced by 68% between 1961 and 2009.
The modern "global standard"[88] diet contains an increasingly large percentage of a relatively small number of major staple commodity crops, which have increased substantially in the share of the total food energy (calories), protein, fat, and food weight that they provide to the world's human population, including wheat, rice, sugar, maize, soybean (by +284%[89]), palm oil (by +173%[89]), and sunflower (by +246%[89]). Whereas nations used to consume greater proportions of locally or regionally important crops, wheat has become a staple in over 97% of countries, with the other global staples showing similar dominance worldwide. Other crops have declined sharply over the same period, including rye, yam, sweet potato (by -45%[89]), cassava (by -38%[89]), coconut, sorghum (by -52%[89]) and millets (by -45%[89]).[88][89][90] Such globalization of food supplies is associated with mixed effects on food security, improving under-nutrition in some regions but contributing to the diet-related diseases caused by over-consumption of macronutrients.[88]
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