Quiz 1 Flashcards

(46 cards)

1
Q

Mainstream Approach to Globalization

A
  • based off economy only
  • the economic aspect is the ability of a society to produce adequate goods and services, accumulate capital, and distribute them in society (translates to economic growth)
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2
Q

Economic Development

A

-growth is positive, progressive, steady

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3
Q

Modernization theory views (6)

A

Individualistic view of development - liberalism
Objection against any intervention by the state - capitalism
Narrowing the meaning of development down to economic growth - materialism
Development from within - endogenous view
Development as freedom - democratic perspective
Denial of culture and identity specifications - universalism

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4
Q

Why Canada as an example of Globalization?

A

healthy, industrialized and advanced country

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5
Q

Canadian Democratic Society

A

-individualism
-freedom and collaboration with competition
-tolerance
-justice
-human development
-resonsibility to protect
-sympathy with others
MULTICULTURAL

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6
Q

Canadian problems even though we’re globalized

A

-Pollution, environmental dehydration, climate change,
-Rising inequality and social fragmentation
-Aboriginal issues
-peace and security at home and abroad
-Ageing population: health care and retirement income
-Poverty and social security at home
-International competitiveness of Canadian industry
Some of these problems are caused by development!!

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7
Q

Other dimensions of Globalization

A
• Canada is a product of earlier ears of globalization 
	• European colonialism in the Americas 
	• European settlement 
	• Interactions with aboriginal peoples
	• Successive wave of immigration
Capitalism
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8
Q

Canada as actor in globalization

A
• Canada as an actor in a globalizing world;
		○ Trade
		○ Finance and investment 
		○ Immigration and emigration
		○ Diplomacy
		○ Democratization and human rights
		○ Military activity abroad
		○ Foreign aid and international development 
		○ Humanitarian assistance 
		○ Judicial exchange and assistance
		○ Educational and cultural domains 
Global Samaritan
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9
Q

Globalization FOR

A

• Like development, globalization has both boosters and critics
• For: ever freer flows of goods, ideas and people that benefit all of us
○ more prosperity
○ More variety
○ More mobility
○ More freedom to choose

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10
Q

Globalization AGAINST

A

• Against: ever great exploitation of the lower and middle socio-economic strata bu the strongest groups
○ More environmental change
○ Greater inequality
○ More exploitation of the weakest

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11
Q

The idea of international development (date)

A
  • 1949
  • Post WW2
  • development as a plan of action
  • developed countries began helping undeveloped countries to prosper
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12
Q

the theory of international development (the date) brrrrr

A
  • 1960
  • The Cold War
  • The birth of the theory
  • development as politics
  • fear of influence of communism in developing countries
  • powerful countries such as US begin helping undeveloped countries to prosper (multiple motives)
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13
Q

alternative perspectives on international development (the date)

A

1980s

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14
Q

Mainstream Approach to development (name & date)

A
  • Harry Truman and development in 1949

- inaugural address states that he wants to help developing countries

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15
Q

the UN decade for development

A

1960

  • postcolonial era - the age of independence
  • fragility causes influence of communism
  • help is preventive
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16
Q

Which American president was behind the first UN declaration?

A

Kennedy

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17
Q

Modernization theory of economic growth (Date and Name)

A
  • The idea was theorized through the book “The Stages of Economic Growth”
  • Rostow
  • 1960
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18
Q

the 5 stages of economic growth

A
  • traditional economy
  • preparation for growth
  • take-off
  • drive to maturity
  • the condition of mass consumption
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19
Q

dependency theory (case sensitive)

A
  • World Systems Theory
  • Dependency Theory
  • developing countries suffer from issue because they’re depending on the will of the developed countries
  • ‘modernization theory’ is not a proper way to grow underdeveloped countries
20
Q

Dependency Theory Key Ideas

A
  • country’s position in international system is the key factor in its development
  • countries are located in either core or periphery
21
Q

Core countries

A
  • urbanized, industrialized, technologically advanced, etc.
  • these countries receive the raw materials from peripheries and upsell it (this makes for fair advantages)
  • take cheap labour from periphery countries
22
Q

Periphery countries

A
  • rural, agricultural, mining, forest, etc.
  • these countries usually export raw materials with a few prime products (such as cocoa)
  • sell raw materials to core countries with small profit margins while importing goods from these core countries furthering debt
  • vulnerable to volatility of raw material prices
23
Q

Core country France example

A
  • Peripheries include Guinea, Cameroon, and Senegal\
  • an uneven interdependency (more favourable for France)
  • Unfair international trade
24
Q

Dependency Theory (date & name)

A
  • 1960/70s
  • **Raul Prebisch started this theory
  • direct bi-product of colonialism
  • poverty happens from the unequiable trading and the value added aspect of it
25
Colonialism
the policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.
26
TRIPS (acronym) in relation to Dependency Theory
trade related aspects intellectual property rights
27
Outcomes for Periphery Countries
Economic: underdevelopment and high poverty Social: inequality, conflict & wars Political: Authoritarian regimes, suppression of people
28
How do we overcome underdevelopment?
- the developing countries must deny the classical and neoliberal theories - they must deny orthodox Marxism proposals - they must invent their own paths to development **step one is to break down all imperialistic chains of dependency**
29
Dependency Branches
- unfair interdependency - structural approach - systematic approach - historical perspective - nationalist perspective
30
a newer version of dependency theory (case sensitive) (who came up with it)
- Ander Gunder Frank - the unequal dependency are the essential part of the structure and development of the capitalist system in a world scale in countries - perhaps interdependency but, unequal and in favour of the metropolitan countries
31
The World Systems Theory (name)
- Immanuel Wallerstein - dependency has been caused by the world structures - world system has created its own boundaries - capitalist world is a centerless system - this system is marked by a continual struggle and competition for wealth and benefits
32
Tiers of World Sytsems Theory
Core: higher levels of education, generates more wealth in the world economy, exploits by cheap labour and raw materials, gains and maintains dominant position Periphery: lower levels of education, lower salaries, generates less wealth in the world economy, exploited by core and semi-periphery Semi-Periphery: the core and periphery processes are both occurring, exploited by the core but then exploits the periphery, serves as a buffer between the other two
33
Difference between Dependency Theory and World Systems Theory
Dependency Theory is structural but country to country has dependency while the World Systems Theory has international system causes of dependency
34
when did neoliberalism take place?
1979-1980 - by the end of the 70s the mainstream perspective was still considering development in terms of economic growth and material satisfaction - dependency theories was struggling for changing the unfair structure of dependency - human development standing at the pick of its acceptance, but not clear what must be done
35
when was the neoliberal Washington Consensus?
1989-1990
36
Pragmatic neoliberalism and problems with stagflation (date & names)
1979-1980 -Fredrich von Hayek, Milton Friedman, Margert Thatcher, Ronald Reagan came up with this solution to stagflation free market + human rights and democracy leads to: integration into global market : the only alternative : pragmatic solution for stagflation
37
Neoliberal Proposal
- cut state spending - deregulation of the market - constrain wage raise to decrease inflation - expanding the role of private sector through privatization of public assets - liberalization of foreign trade - relax control of capital and money markets - protection of weaker sectors of society by strengthening social safety net thought was if these steps were followed the economy would grow
38
Second phase of Neoliberalism (Washington Consensus) (name & date)
- John WIlliamson 1989 revisited the idea - created by: world bank, IMF, think tanks, bankers, the us policy community - fiscal discipline - reordering public expenditure priorities - tac reform - liberalizing interest rates - competitive exchange rates - trade liberalization - investment - privatization - deregulation results in more suffering for underdeveloped countries like neo neo liberalism
39
Post-Washington Consensus (name & date)
- Joesph Stieglitz - 2005 - Washington Consensus policies as produced only limited growth even when growth did occur, it was NOT equitably shared - there is a need for equity and employment - a balance between the role of the government and the markets
40
Human Development Approach (names)
- Mahbub ul-Haq - Amartya Sen - utilized this conception of his own work on human capability - emphasis on the central importance of people's rights and freedom - development depends on people's enjoyment of freedom and participation - ENLARGE PEOPLES VOICES
41
Human Development Approach Continued
- not a capability an approach - all about fulfilling what people what to do, who they want to be, etc. -**people must be able to decide freely who they want to be or how they want to be and what they want to do
42
Human Development Index
- HDI is about health, education, and income - indicators need to be relevant, internationally comparable, and available for many countries neglected dimensions include gender, equity, sustainability
43
Millennium development goals - MDGs
-set of goals created by people deciding we must create a policy for people in poverty created in 2000 presented 8 goals
44
17 sustainable development goals
- evolved from the MDGs - set of goals for the world's future, through 2030 - negotiated over a two-year period at the UN - SDGs
45
what is new about SDGs from MDGs
- universality: goals apply to every nation and every sector - integration: recognized that the goals are all interconnected in a system (can't achieve one goal without the others) - transformation: widely recognized that achieving these goals involves making very big, fundamental changes on how we live on earth
46
the 8 MDGs
- eradicate extreme poverty and hunger - achieve universal primary education - promote gender equality - reduce child mortality - improve maternal health - combat HIV/AIDS, malaria, and other diseases - ensure environmental stability/sustainability - develop a global partnership for development