Oleh Reza A.A Wattimena
This article describes and explains the five pillars of contemporary globalization. This process is provoked especially by the rapid development of information, communication and transportation technology, especially since the 1980s. There are five fundamental pillars of contemporary globalization, namely internationalization, interdependence, westernization and the rise of world society. These five pillars are connected to each other. However, the globalization process creates two different global impacts, namely prosperity on the one hand, and poverty which is based on global economic inequality on the other hand. Several elaborated strategies to overcome the challenges of contemporary globalization, such as international cooperation and the revised version of Welfare State tradition, are also elaborated.
Key Words: Globalization, Internationalization, Interdependence, Westernization, World Society Lanjutkan membaca “Terbitan Terbaru: What are the Fundamental Pillars of Contemporary Globalization?”