Glt Task 1

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GLT1 Task 1

Western Governors University

Examples of Globalization’s Impact
Native non-Western culture is a body of ideas and values derived fundamentally from mysticism or subjectivism, as opposed to reason. Two examples of native non-western cultures that have been impacted by globalization are South Korea and China.
Circumstances Before and After Event
Prior to globalization South Korea has a GDP per captita of about one-third of nearby developed Asian economies such as Singapore, Hong Kong, and Japan. South Korea is a historical recipient of official development assistance (ODA) from organization for economic co-operation and development (OECD). After globalization the country’s GDP has increased from $88 billion to $1,460 billion. South Korea has advanced into a developed economy. The GDP per capita of South Korea is now almost thirteen times what it was thirty years ago. Now, South Korea has become the first major recipient of ODA to have ascended to the status of a major donor of ODA. (Wikipedia website, n.d.)
China used to be the world’s most important opponent of globalization. China believed that global disorder was a good thing. They tried socialism, capitalism, empire, republic, warlords, religious fundamentalism, but all failed. Alienation was so severe, that much of the country accepted that the world economic and political order, and the Chinese economic and political order, were so stacked against them that any path to success had to start with destruction of the existing order. Now, China sends missions throughout the world seeking the best practice. It adapts foreign technology and foreign corporate management techniques, and also a wide variety of foreign institutions and practices. (Overholt, 2005) In 1981, China’s poverty rate was 53% that rate fell to a mere 2.5% in 2005. China now ranks as the world’s second largest…...

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