Globalization and World Order

Globalization and world order has a profound impact globally . Explain 4 factors that are influencing changes in the world order and provide examples of each. In your answer include definitions of ‘world order’ and describe each factor that you have identified. Provide a brief description of the following institutions that are developing in the Global South region of Asia:


(ii) ROK

(iii) APEC

(iv) AIIB




1. Introduction to globalization and its 4 effects on world order.

2. Critique of the current global order and possible alternatives.

3. Discussion of the potential benefits and challenges of globalization.

4. Overview of different approaches to global order, with a focus on the United States and the European Union.

5. Conclusion and reflections on the future of globalization and world order.




Globalization and world order are terms describing the state of a world society, including people, cultures, and institutions, which has been established by agreement between its members. World is defined by a variety of factors, including geography, political history, economic history, and natural history. World order is an international concept that defines the relationships between peoples at various levels and in different times. The concept has been the subject of many theories, the most common being the theories of the balance of power and the balance of power in the world order.

Many people says that the whole globe is progressively acting as part of the same market, consuming like commodities, and reacting to the same impulses, using interdependent manufacturing. World order refers to the global power relations; how the forces are employed against the ideals of
peace to pursue global hegemony. Nobody wants war or loves uncertainty related to conflicts,
civil disorder, and wars at the world and national level.

i. Technological factors

The transition from voice communications to electronic technology through cable and
satellite has resulted in increased information flows. People in distant locations feel closer
connected due to time contraction since they can converse instantly. Individuals and families are
more closely related to outside world new while some of the most riveting events of the last decade
have occurred in real-time in front of a worldwide audience. Some people identify themselves
more as ;cosmopolitans; and more recognize themselves by the global public (Khoma &
Vdovychyn, 2020); others view increasingly globalized as a danger to their lifestyle or retreating
to fundamentalists and nationalism as a defensive reaction.

ii. Cultural Factors


Globally athletic events, like the Olympics and Football, bring together individuals across
borders. Moreover, music, movies, and celebrity culture attract viewers from  many countries. In recent decades, global consumer trends have increased with the emergence of shopping malls and internet buying (Khan et al., 2019). The essential component of cultural globalization is international immigration – the more people travel across the world, the more global linkages. There is a growing worldwide awareness that people are all in danger from global concerns like the ecosystem, extremism, and recently Covid-19. People must all work together to address these issues (Boccella & Salerno, 2016). There is no doubt that people are all
at risk globally.

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