DIVINE WORD UNIVERSITY

FACULTY OF BUSINESS AND INFORMATIC

DUE: 6th March 2015
Globalization and its impact on Pacific Island Nations
PNG STUDIES AND INTERNATIONAL RELATIONS
MAJOR PAPER
PREPARED AND COMPILED
BY
JOHN STARLING IRO
BUSINESS ACCOUNTANCY 4

DIVINE WORD UNIVERSITY

FACULTY OF BUSINESS AND INFORMATIC

DUE: 6th March 2015
Globalization and its impact on Pacific Island Nations
PNG STUDIES AND INTERNATIONAL RELATIONS
MAJOR PAPER
PREPARED AND COMPILED
BY
JOHN STARLING IRO
BUSINESS ACCOUNTANCY 4

Table of Contents
Introduction3
1.0 The features of globalization
1.1 Economy…………………………………………………………………………………………………...4
1.2 Trade………………………………………………………………………………………………………...5
1.3 Communication and Technology……………………………………………………………….7
1.4 Environmental…………………………………………………………………………………………..8
1.5 Culture………………………………………………………………………………………………………9
2.0 Impacts of globalization on pacific island nations…………………………………11
3.0 The serious problem facing the world today…………………………………………13
3.1 Global warming……………………………………………………………………………………….13
3.2 Poverty, Disease, conflict and natural disaster………………………………………..14
4.0 How it affects the Government and people of Solomon Island……………..16
Conclusion……………………………………………………………………………………………………..18

Introduction
Definition
Globalisation is define as; “A process in which the economic, political & cultural separation between nations is breaking down & an international order is emerging”
It is further define as the occurring in the economic, political & social realms which is the result of the dismantling of fixed boundaries around nations, cultures and economies”
It is assumed by many that globalization begins in 1980s & 1990s. Historically, it’s as old as imperialism, trade & colonialism. It begun hundreds of years ago
The process of globalization is a very broad and vast concept that is often had to pin down it accurate definition