With the emergence of radio, television, the Internet and other electronic media, as well as the rapid development of various modern transportation methods, the time and space distance between people has suddenly shortened, and the entire world has shrunk into a "village."

The term "global village" was first proposed by Canadian communication scientist M. McLuhan in his book "Understanding Media: The Extension of Man" in 1967.

McLuhan's analysis of modern communication media has profoundly changed people's, especially contemporary young people's, concepts of life in the 20th and 21st centuries. The global village he predicted has become a reality in today's society.

According to McLuhan, the main meaning of "global village" does not mean that developed media have made the earth smaller, but that the way people communicate and the social and cultural forms of people have undergone major changes.

The development of transportation once urbanized the original "villages" on the earth. Direct communication between people was forced to interrupt, and the direct and colloquial communication turned into indirect and written communication.

Electronic media is also implementing anti-urbanization, that is, "re-villageization", dispelling the centralization of cities and returning people's communication methods to individual-to-individual interactions.

"The city no longer exists, only as a cultural ghost to attract tourists. Any small hotel on the roadside, plus its TV, newspapers and magazines, can have the same international character as New York and Paris." McLuhan felt

At this point the distinction between time and space becomes redundant.

This emerging mode of perception brings humans into an extremely harmonious environment, eliminates regional boundaries and cultural differences, integrates the human family, and creates a new kind of harmony and peace.

The old value system has collapsed, a new system is being established, and a new, integrated global village in which everyone participates is about to emerge.

In fact, this kind of global village has already emerged.

McLuhan's "global village" theory was the germ of globalization theory and had a profound impact on subsequent scholars who studied globalization.

Folding Impact The emergence of the global village has broken the traditional concept of time and space, making people more closely connected with the outside world and even the entire world, and humans have become more understanding of each other.

The emergence of the global village phenomenon has changed people's concepts of news and propaganda, forcing the news media to pay more attention to the interests and needs of the recipients, and pay more attention to timeliness, objectivity and authenticity in content.

The global village promotes the process of world economic integration.

The global village is the development of the Internet; it is a concentrated expression of the information network era; it is a formation of the knowledge economy era. The rapid development of modern transportation, the upgrading of communication technology, and the comprehensive application of network technology have enabled the formation of the global village.

To put it simply, the global village means that although the earth is very big, as information transmission becomes more and more convenient, communication is as convenient as in a small village. This big family of the earth is called a "global village".

The emergence of the concept of global village more intuitively reflects the people's desire for a peaceful world.

Regardless of skin color or race, everyone is equal and is just a member of the same village.

Collapse Edit this paragraph Cost Collapse Cost - The instability of the global economy will become a norm.

In the process of economic globalization, the interdependence of the economies of various countries has increased unprecedentedly.

Many countries' foreign trade dependence has exceeded 30%, and some countries have reached 50-60%.

The international contagion of economic fluctuations and crises has become regular and inevitable.

The internal imbalances of any country will be reflected as external imbalances, which will quickly affect countries with close trade and investment relations. In the end, it is very likely that all countries will be led into imbalance and crisis to varying degrees.

The exchange rate crisis in Thailand in 1997 quickly spread to the entire Southeast Asia region, South Korea and Japan, resulting in a serious regional financial crisis.

Subsequently, it spread to Russia and Latin America (including the United States for a time), forming a de facto global financial turmoil, which is the latest example of the contagion effect of the crisis.

The existence of international hot money is one of the important sources of global economic instability.

As a huge financial force that transcends national boundaries, international hot money has time and again acted as the creator or promoter of global financial turmoil, and as the main mediator of crisis contagion.

Today, as economic globalization continues to develop, although various effective regulatory measures can still be explored, it is impossible to completely control international hot money.

The independence of economic sovereignty of various countries is facing increasingly severe tests.

The development process of the EU economy shows that as the degree of integration gradually increases, the economic sovereignty independence of each member state continues to decline.

From the early customs union, unified agricultural product prices, and joint exchange rate floating, to the unified financial policy after the emergence of the single currency euro (the launch of the euro interest rate area in January 1999), it all shows that the fiscal, taxation and monetary sovereignty of each member country have gradually been transferred to

A supranational EU coordination mechanism.

This kind of transfer of economic sovereignty has cost many member states a lot of money, and has even endangered the survival of the EU economy many times.

For other countries in the world outside the EU, in the process of economic globalization, their economic sovereignty (especially in fiscal, taxation and monetary policy) independence is also facing increasingly severe tests.

This test generally takes two different forms.

One is the active transfer of economic sovereignty.