1. has
1.1. 5 key aspects
1.1.1. Sociocultural
1.1.1.1. Cultural Diversity
1.1.1.2. International Human Rights Law
1.1.2. Global Natural
1.1.2.1. Climate Change
1.1.2.2. Disease
1.1.3. Economic
1.1.3.1. Free Markets
1.1.3.2. World Currency
1.1.4. Workforce
1.1.4.1. Brain Drain
1.1.4.2. Visas
1.1.5. Global Business
1.1.5.1. Outsourcing
1.1.5.2. Multinational and International Companies
2. has
2.1. positive impact
2.1.1. on
2.1.1.1. culture and development
2.1.1.1.1. such as
2.1.1.2. economy
2.1.1.2.1. such as
2.1.1.3. education
2.1.1.3.1. such as
2.2. negative impact
2.2.1. on
2.2.1.1. culture & development spheres
2.2.1.1.1. such as
2.2.1.2. economy
2.2.1.2.1. such as
2.2.1.3. Education
2.2.1.3.1. such as
3. in the perspective of
3.1. Hyperglobalists
3.1.1. has features such as
3.1.1.1. Creating new relationship with nations
3.1.1.2. World economy is controlled by market place
3.1.1.3. Globalisation weakens the power of government
3.1.1.4. Technological advances has mass culture
3.1.1.5. World economy as a single unit
3.2. Sceptics
3.2.1. has features such as
3.2.1.1. Globalisation process is separated and regionalised
3.2.1.2. World is not becoming a single market
3.2.1.3. Require a strong nation to facilitate trade and regulate running of global economy
3.2.1.4. Globalisation, regions migrates from globalised economy
3.3. Transformationalist
3.3.1. has features such as
3.3.1.1. No individual is cause behind globalisation
3.3.1.2. Outcome is not determined
3.3.1.3. Not bothers about historical events or factors; concerns with the present
3.3.1.4. Power of National Government increases but their nature changes.