Globalization Consequences on Cultural Studies

Globalization has quickly become a prevalent term; it names a process, an epoch, a discourse, a promise, a threat, a way of looking at 'the world'. It also names a new kind of 'inter-discipline', a new protocol of writing and teaching in the humanities and social science. This phenomenon has effected on per discipline in any aspect that cultural studies is not exception. The article charts the emergence of globalization in cultural studies: first, by planning the bright symptoms of globalization discourse as it appears in three major anthologies of cultural studies of globalization; second, by arguing that the freedom from history implied by the idea of globalization always depends on a variety of implicit narratives about the past; and third, by speculating on the ways one might constitute the culture of the era of globalization.

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National savings are material standards of life that include savings of private sector, firms and governments. Such standards comprise also superannuation - the key element of private savings. Private or households savings may be determined as domestic savings divided by household disposable income. National savings are basically dependent on consumption opportunities. Savings may be positive or negative.

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