Unit 1&2 - Structures of Globalization

Question 1

Is a process of expanding various sociocultural and socioecological process from national to international and transcultural level

(Al-Rodhan, 2006)

Answer 1

globalization

Question 2

is a measurement of flows and interconnections of a country to other global players through exchanges in trade, capital, people, and information

(Altman, 2018)

Answer 2

global connected index (GCI)

(GCI)

Question 3

worlds most globally connected country

Answer 3

Netherlands

Question 4

worlds most highly globally connected country

Answer 4

Europe

Question 5

is seen as the process that focuses on the movement of trade, capital, and ideas

Answer 5

globalization

Question 6

where almost half of the worlds extremely poor population lives ($1.90/day)

Answer 6

Sub-Saharan Africa

Question 7

This index measures the flow of trade, capital, information, and people across countries

Answer 7

global connectedness index (GCI)

Question 8

Mainly conceptualized as intensified transference or exchange of things across existing borders

Answer 8

globalization

Question 9

An idea of prescribed path to attain development through certain set of activities, according to a defined vision

(Datu Kaylo Buluman, a Manobo leader)

Answer 9

development paradigms

Question 10

is a complex global process of expanding the market economic system all throughout the world

Answer 10

economic globalization

Question 11

The economic system that gives freedom to entrepreneurs to control productive process to pursue profit

Answer 11

market economy

Question 12

are money lent to foreign businesses or governments

Answer 12

commercial loans

Question 13

can be categorized as commercial loan, official loans, or foreign direct investment

Answer 13

foreign investment

Question 14

refer to development aid or money granted by rich countries to developing nations

Answer 14

official flows

Question 15

buying or putting up a firm in a foreign country or contributing to the enhancement of an existing firm

Answer 15

Foreign direct investment

Question 16

business that operate in more than one country, preliminary undertake foreign direct investment

Answer 16

Transitional corporations

Apple, nestle, nike, amazon

Question 17

refers to increasing “contact between people and their cultures-their ideas, values, ways of life”

Answer 17

Cultural globalization

Question 18

enlargement of international political system and its establishments, where inter-regional dealings, including trade, are managed

Answer 18

Political globalization

Question 19

usually happens between national political spheres in political globalization

Answer 19

conventional politics

Question 20

Facilitate investment of capital for member countries. Funds large scale projects by providing loans for member countries

established during bretton woods conference in 1944

Answer 20

world bank

Question 21

Provides short term emergency loans

Answer 21

International Monetary Fund (IMF)

Question 22

Help bring enormous flow of foreign money through loans and speculative invesment

Answer 22

International Monetary Fund (IMF)

Question 23

Create rules for global trade and investment/
Aim to reduce tariffs/
Create agreements for member countries regarding multilateral policies/
Encourages countries to deregulate economies

Answer 23

World Trade Organization (WTO)

Question 24

Is met with disapproval from different groups such as labor organizations, environmental groups, and even consumer groups.
Lessens governments control over businesses

Answer 24

Economic deregulation

Question 25

Expansion of national economies, the global market driven by modern technologies and institutional set ups that promotes faster and easier flow of goods and capital

Answer 25

Economic globalization

Question 26

Denotes that the economies of various countries are more interconnected from extraction, production, distribution, consumption, to disposal of goods and services

Answer 26

Global economy

Question 27

Are global financial institution that supports a country's economic growth through support to governments and now other private sectors

Answer 27

International financial institution

Question 28

International organization with 183 member countries that promotes international monetary cooperation and exchange stability to foster economic growth

Answer 28

International monetary fund

Question 29

A system of non government institutions that operate across geographical borders for a common issue or cause

Answer 29

Global city society

Question 30

is an "enterprise that engages in activities which add value in more than one country"

Answer 30

Global corporation

Question 31

is based the theory of Wallerstein that recognizes that social and economic change is not only endogenous to a country, but is affected by its interaction to exogenous institutions, thus focus on world systems

Answer 31

World system

Question 32

process of combining or increasing the interconnectivity of national economies to the regional or global economies

Answer 32

Economic integration

Question 33

is driven by "growing scale of cross-border trade of commodities and services"

Answer 33

Economic globalization

Question 34

separate production operation are functionally related to each other and form a unified product

Answer 34

Economic integration

Question 35

Group of nations that serves as an advisory organization that discuss current economic and political problems

Answer 35

G8 and G20

Question 35

Composed of individuals or groups disadvantaged by the effects of globalization of the world economy, they protest or seek alternative while on the other hand, global social movement constituting a basis for an alternative to a new world order

Answer 35

Global civil society

Question 36

Is an institutional arrangement of governance that addresses regional or globalized issue that go beyond the scope of a nation-state

Answer 36

Global interstate system

Question 37

puts emphasis on diversity and celebrates multiculturalism, while globalism focuses on economic aspect of changes

Answer 37

Internationalism

Question 38

System of unequally powerful and competing states in which no single state is capable of imposing control on all others

Answer 38

Interstate system

Question 39

Defined as political, economic, and cultural cooperation between nations

Answer 39

Internationalism

Question 40

Is an ideology based on belief that flow of people, goods, and information should flow freely across national borders

Answer 40

Globalism

Question 41

is a process by which economies are becoming more independent and interconnected in terms of commodity flows including externalities and spillover impacts

Answer 41

Market integration

Question 42

are institutions that provide support through loans or grants to promote a country's economic development

Answer 42

International financial institutions

Question 43

private institutions that produce or manufacture goods, products, and services for a more expanded market at the reach of regions

Answer 43

Corporations

Question 44

collective efforts to identify, understand, and address worldwide problems that go beyond the problem-solving capacities of states

Answer 44

Global governance

Question 45

is an IGO designed to make the enforcement of international law, security, human rights, economic development easier for countries around the world

Answer 45

United nations

Question 46

is the main decision making and representative assembly and is responsible for upholding the principles of UN through its policies. Composed of all member states headed by a president elected by member states

Answer 46

The UN general assembly

Question 47

Authorizes the deployment of UN member state's military

Answer 47

The UN security council

Question 48

can settle, according to international law, legal disputes between states and give opinions on legal questions brought to it by UN organs and agencies

Answer 48

The international court justice

Question 49

assist the UN general assembly in promoting economic and social development, as well as cooperation of member states

Answer 49

The economic and social council

Question 50

headed by the secretary-general, provides studies, information, and other dates when needed by other UN branches for their meeting

Answer 50

The secretariat