1. Hyper globalists vs Sceptical Internationalists Flashcards
(48 cards)
Give an empirical definition of Globalization!
= actual structural changes that are occurring in the way the global economy is organized and integrated
Give an ideological definition of Globalization!
= neo-liberal, free market ideology of the ‘globalization project’
What in the world is going on:
- Simultaneity and complexity
- Embeddedness of global production/consumption networks
- geopolitical tension
- environmental crisis
…
They argue that we live in a borderless world where the national is irrelevant
-> Globalisation is the new order
-> Everywhere is becoming the same
-> Standardization of goods/services
Who’s is arguing like this?
Hyper-Globalist
Hyper Globalist
What faction are there? (2)
Neo-liberal faction
Anti-globalization faction
What ideology is behind the neo-liberal faction?
the ideology of free and efficient markets regardless of national boundaries
What ideology is behind the anti-globalization faction?
The ideology that globalization of markets increases the scale and extent of inequalities
Who argues that there is nothing new about globalization?
Sceptical internationalists
The sceptical internationalists say that the world was more open and transnational in the past than in the present.
True/False?
True
Sceptical internationalists
‘we do not have a fully globalized economy’. Hirst and Thompson, 1992:394
…
International investment to developing countries increased of 20% in the last 10 years.
Empirical or Ideological?
Empirical
Demand and offer create the right market price.
Empirical or Ideological?
Ideological (coming from Adam Smith)
Any issues will be solved by the market.
Empirical or Ideological?
Ideological
Due to environment crisis, some firms are restructuring their operation by leaving countries geographically close to the equator.
Empirical or ideological?
Empirical
Simultaneity and complexity:
Simultaneity
MNEs are spreaded all around the globe which means that it has its food in many territories. In these territories are existing different dynamics.
Complexity: If something happens in one subsidery somewhere in the world most of the time the HQ who controls it needs to search for solutions.
–> for example a strike at a production facility could happen
CEO and Managers have to deal with these two issues.
…
Embeddedness of global production/consumption networks
global factory –> it means to reproduce the production close to your final market in order to reduce disruption…
…
Geographies of Globalization
Globalization: ‘qualitative transformation of economic relationships across geographical space’
Complex and changing geographies, rather than a single global geography
…
“globalization is a … supercomplex series of multicentric, multiscalar, multitemporal, multiform, and multicausal processes” (Jessop, 2002: 113-114)
supercomplex, because:
-> they are different levels of complexity
-> intra- und inter-organisational levels
multicentric because:
-> different centre of interest
-> cooperation, multinational, consumer
multiscalar because:
-> different level …
…
globalization is a … supercomplex series of what kind of processes?
multicentric, multiscalar, multitemporal, multiform, and multicausal processes”
(Jessop, 2002: 113-114)
Geographies of Globalization
To ascribe a single/origin for globalization is meaningless
(To ascribe a single/origin for globalization is meaningless)
True/False?
True
Geographies of Globalization
What are the four tendencies (Neigungen)?
localizing processes
internationalizing processes
globalizing processes
regionalizing processes
What are localizing processes?
= geographically concentrated economic activities with varying degrees of functional integration
What are internationalizing processes?
= simple geographical spread of economic activities across national boundaries with low levels of functional integration
= geographically concentrated economic activities with varying degrees of functional integration
Definition of what kind of processes?
localizing processes
