Week 6

Question 1

Liberal idea of globalisation

Answer 1

Manifestation of connectedness

Question 2

Suprateritoriaty

Answer 2

Social connections overpower land borders

Question 3

Causes of globalisation

Answer 3

Technology & Economy

Question 4

Welfare state buffer

Answer 4

rise of social policy protections made politics more able & willing to participate in risky globalisation

Question 5

Convergence

Answer 5

The idea that countries if given the choice mostly go the same way

Question 6

Trillema

Answer 6

Idea that countries can’t have hyper globalisation, national sovereignty and a healthy democracy, you can choose only 2 options

Question 7

Golden strait jacket

Answer 7

This defining garment of globalization, he explained, stitched together the fixed rules to which all countries must submit: free trade, free capital markets, free enterprise, and small government

Question 8

Consequence golden strait jacket =

Answer 8

Global federalism

Question 9

Globalist

Answer 9

The world today is more globalised then ever

Question 10

Global Sceptics

Answer 10

Globalisation is less then many think, and becoming less

Question 11

Washington Concensus

Answer 11

a set of ten economic policy prescriptions considered in the 1980s and 1990s to constitute the “standard” reform package

Question 12

Economic intrest reasoning GLB weakens nation states

Answer 12

Golden Strait jacket, also capital is more mobile then workforce

Question 13

Bretton Woods compromise

Answer 13

Democracy x national sovereignty requires giving up some economic globalization (only allows modest economic openness)

Question 14

What can Globalization cause

Answer 14

inequalities, the unequalled then demand compensation

Question 15

Compensation demanded for inequality raises?

Answer 15

The need for a welfare state, with welfare policies