TCW Flashcards
(17 cards)
To study these problems and issues, one must see them from both:
Geographical and historical perspectives
To study these problems and issues, one consider from both
economic and political dimensions.
- This is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
- The term gained popularity after the Cold War in the early 1990s,
Globalization
According to ——: The “intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occuring many miles away and vice versa”
Anthony Giddens
“We are all migrants now”
Anthony Giddens
He defines globalization as a concept that “refers both the compression of the world and the intensification of consciousness of the world as a whole…”
Roland Robertson
Introduced globalization as the compression of time and space and the annihilation of distance. (1989 Tswift no jk)
David Harvey
They look at globaliztion as a process of interaction and integration among the people, companies, and government of different nations, a process driven by international trade and investment and aided by information technology.
Sunny Levine Institution
“This process [globalization] has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well- being in societies around the world”
Manfred Steger
- internationalization and multinationalization are phases that precede globalization…
• Globalization heralds the end of the state system as the nucleus of human activity” (DeSousa Santos, 2002:68).
• “…the activities and developments in globalization have taken place outside the formal structures of the nation-state…
• Globalization marks the increasing irrelevance of the nation-state, whose status as the dominant political organization was acknowledged by the Treaty of Westphalia.”
Political Viewpoints
Globalization is dominated by global economic activities like:
The reduction of tariffs
The neoliberal regime
The improvement of multilateral trade organizations
These are considered economically inefficient because they make imports less competitive than domestically produced goods, which can result in more expensive products for consumers.
Tarrifs
These are contemporarily used to refer to market-oriented reform policies such as “eliminating price controls, deregulating capital markets, lowering trade barriers” and reducing state influence in the economy, especially through privatization and austerity.
The neoliberal regime
Having several or many sides; many-sided. participated in by more than two nations, parties, etc.; multipartite: multilateral agreements on disarmament.
The improvement of multilateral trade organizations
They are more interested in determining whether globalization is really a modern phenomenon.
Historians
They look into the changing patterns of international trade and commerce as well as the unequal distribution of wealth.
Economist
They focus more on the impact of the forces of globalization, such as the international non- governmental organizations and international organizations, on the state and vice versa.
Political Scientist
