Conceptos de Globalización

It is a process of integration and interdependence of nations characterized by the intensification of international links of a commercial, financial, cultural, migratory, etc. type.

Represents the process of globalization at a slower pace.

It is a model that predicts the flows of bilateral trade between two countries or regions based on the size of their economies (often GDP) and the distance between them.

Trade flows between regions within a country tend to be much higher than between regions of different countries, even if the distances are similar.

Globalization is also shaped by political choices, institutions, and international cooperation, which requires trust and shared goals.

Phenomenon that has drastically reduced trade barriers since World War II.

Global institution that facilitates trade by overseeing the rules-based trading system.

Helps countries with economic problems by providing loans and advice to maintain their economies stable.

Provides money and support to poorer countries to build infrastructure such as schools, roads, and hospitals.

Globalization increases interdependence but creates political tensions. Only 2 of these 3 can be chosen: a. Deep economic integration: free trade, capital mobility, global supply chains. b. National sovereignty: control over domestic policies and borders. c. Democratic politics: accountable government, social protection, public responsibility.