globalization + future of comparative politics Flashcards
(30 cards)
globalization
the process of expanding and intensifying linkages between states, societies and economies
long history of a globalized world.
what makes this era different from previous globalized relations?
entire societies are directly connected.
relations in the past were “thinner” than they are now.
globalization’s implications for comparative politics
globalization can work in two directions:
global forces increasingly impact domestic politics
domestic issues and events become “internationalized”
globalization’s major actors + ideas
- multinational corporations (MNCS)
- nongovernmental organizations (NGOs)
- intergovernmental organizations (IGOs)
other institutions
- international regimes
- the internet
multinational corporations
MNCs: firms that produce, distribute and market goods or services in more than one country
economic institutions
eg google, mcdonald’s, apple, toyota, walmart
nongovernmental organizations
NGOs: a national or international group, independent of any state, that pursues policy objectives and fosters public participations.
form of a global civil society
- members are individuals, not states.
examples
- open society foundation, mercy corps, red cross/crescent
intergovernmental organizations
groups created by states to serve certain policy ends
political institutions
- composed of member states, not private citizens
examples
- United Nations (UN), European Union (EU)
international regimes
fundamental rules and norms that link states together and shape their relationships - eg greenhouse gases, free trade regimes
political globalization
trend whereby political institutions, decision making and political identity shift to the international level.
patterns in political globalization
international organizations and agreements can create laws that override national governments.
NGOs, MNCs and other global actors operate in areas outside of traditional state government control.
examples of political globalization
EU sets economic regulations that override rules set by member states.
is there a democratic deficit in global governance ? what do pessimists argue
- IGOs make critical decisions on many issues but most are not directly elected by voters.
- governments may use IGOs to avoid accountability, blaming unpopular policies on outside pressure.
- may lead domestic institutions to become “hollowed out” and unresponsive to domestic needs.
globalization optimists argue
IGOs are accountable to governments; governments are accountable to voters.
IGOs and NGOs can act as “watchdogs” and increase the transparency of state action
economic globalization
markets, businesses and services increasingly cross borders and merge into one large (global) market.
emerging trends in economic globalization
- increased trade in goods and services
- economic migration
- foreign direct investment (FDI)
- offshore sourcing
bretton woods system
economic regime that manages international economic relations; this includes the
international monetary fund (IMF)
world bank group
world trade organization
consequences of bretton woods
united states used Bretton Woods institutions to promote market integration
aspects of economic globalization that are directly or partially related to the creation of the Bretton Woods:
- trade expansion
- money is more mobile
- deeper connections between workers, goods and wealth
potential advantages of economic globalization
optimists view economic globalization as a vehicle for global prosperity
able to produce more goods and services at lower cost
poverty is reduced; wealth is more effectively dispersed
potential disadvantages of economic globalization
increases inequality
may compromise state capacity, autonomy and democracy
businesses can avoid gov taxation, oversight and public accountability
loss revenue, and weaker oversight weakens state capacity and autonomy
freedom and equality are compromised as businesses can act with no oversight
societal globalization
individual and collective identities are increasingly shaped by international influences
how will societal globalization shape institutions and identities - optimistic perspective
rising global multiculturalism and globalized democracy
- muliple and diverse values bind populations together
NGOs and global civil society create new civic identities and new forms of public participation
how will societal globalization shape institutions? negative
political alienation, backlash, globalization of nothing
overwhelming choices create crisis
nationalism and fundamentalism increase
promotion of crass consumerism will lead to cultural decline
is globalization exaggerated?
political globalization
- increasing involvement of non state actors
- state sovereignty remains a central focus of international politics
- states has reasserted their authority in recent years
economic globalization
- trade and international investment is increasing “home bias” though
societal globalization
- younger people increasingly seeing themselves as world citizens
is globalization inevitable
NO
factors that weaken globalization
- economic crises
- national policies limiting immigration
- declining support for capitalism and free trade