contemporary 1

  1. ______________ defined globalization as "the expansion and intensification of social relations and consciousness across world-time and across world-space"
    Manfred Steger
  2. Defined globalization through scapes/dimensions
    Arjun Appadurai
  3. What are the scapes/dimensions of globalization according to Arjun Appadurai?
    • Technoscape
    • Mediascape
    • Ideoscape
    • Financescape
    • Mobiscape
  4. Elements of globalization
    • 1. Capital
    • 2. Labor
    • 3. Management
    • 4. News, Image, Information
  5. Drivers of globalization
    • 1. Multinational Corporations
    • 2. Intergovernmental Organizations
    • 3. Non-governmental Organizations
  6. Forces of globalization
    • 1. Advancement of technology
    • 2. Reduction of cross trade barriers
    • 3. Increase in consumer demand
    • 4. High competition
  7. Since the ______’s there is a great enhancement of telecommunications and information technology. This has caused remarkable improvements and increase in economic act.
    1990
  8. M. Porter’s approach to globalization
    National Competitive Advantage
  9. 4 determinants of M. Porter's National Competitive Advantage
    • 1. Factor Conditions
    • 2. Demand Conditions
    • 3. Firm Strategies, Structure, and Rivalry
    • 4. Related and Supporting Industries
  10. 3 groups of globalization critics
    • 1. Rejectionist
    • 2. Sceptics
    • 3. Modifiers
  11. (Group of Critics) Disputes the usefulness of globalization as a sufficiently precise analytical concept
    Rejectionist
  12. (Group of Critics) Emphasizes the limited nature of current globalizing processes, emphasizing that the world is not nearly as integrated as many globalization proponents believe; In their view, globalization does not constitute an accurate label for the actual state of affairs
    Sceptics
  13. (Group of Critics) Disputes the novelty of the process while acknowledging the existence of moderate globalizing tendencies. They argue that those who refer to globalization as a recent process miss the bigger picture and fall prey to their narrow historical framework.
    Modifiers
  14. The _______________________ regards “economic globalization” as a historical process representing the result of human innovation and technological progress
    International Monetary Fund (IMF)
  15. The oldest known international trade route was the _____________, a network of pathways in the ancient world that spanned from China to what is now the Middle East and to Europe.
    Silk Road/ One belt
  16. The __________ opened this trade (Silk Road/One belt) until 1453 BCE when the Ottoman empire closed it.
    Han Dynasty
  17. The Silk Road was an international trading system but it wasn’t _________ because it had no ocean routes that could reach the American continent.
    global
  18. Suggested that full globalization started when all populated continents began to exchange products continuously both with each other directly and indirectly via other continents and in values sufficient to generate crucial impacts on all trading partners.
    Historians Dennis O. Flyn and Arturo Giraldez
  19. When was the galleon trade established?
    1571
  20. The galleon trade connected ___________ and ____________.
    Manila in the Philippines and Acapulco in Mexico
  21. The galleon trade was part of the age of ____________
    Mercantilism
  22. (History of Mercantilism as a governing economic order) Controlled by regimes, mostly _________, which impose ________, forbode colonies to trade with other nations
    monarchs, high tariffs
  23. (History of Mercantilism as a governing economic order) Believed that the nation’s wealth and power were best served by increasing _______ than ________ while colonies provide the raw materials.
    exports, imports
  24. In _______, the U.K, U.S, and some European countries adapted the gold standard at an international monetary conference in Paris. Its goal is to create a system for more efficient trading.
    1867
  25. Used gold as basis for currency prices and exchange rate
    gold standard (1867)
  26. During WW1, countries depleted their gold reserves to fund their armies. Following WW1 is the time of the ___________ during the 1920s-1930s.
    Great Depression
  27. Recovery of United States began when they abandoned the gold standard
    Barry Eichengreen
  28. After two world wars leaders sought to create a global system that would ensure peace. The ______________ was inaugurated in 1944 during the United Nation Monetary and Financial Conference.
    Bretton Woods System (BWS)
  29. BWS was largely influenced by the ideas of British economist _______________ who believed that economic crises occur not when a country does have enough money, but when is not being spent and, thereby, not moving.
    John Maynard Keynes
  30. Keynes developed his theories in response to the ________________ and opposing the classic theories
    great depression
  31. Central belief of Keynesian economics
    government intervention can stabilize economy
  32. Focuses on economic policy to manage aggregate demand to prevent or address recession
    Keynesian Economics
  33. Delegates at Bretton Woods agreed to create two financial institutions:
    • 1. International Bank for Reconstruction and Development (IBRD, or World Bank) 
    • 2. International Monetary Fund (IMF)
  34. Funding postwar reconstruction projects
    International Bank for Reconstruction and Development (IBRD, or world Bank)
  35. Global lender of last resort
    International Monetary Fund (IMF)
  36. The height of Keynesianism are the years __________
    1940s-1970s
  37. Governments pored money into their economies- allowing people to purchase more goods. Demand for these products increased.
    The height of Keynesianism (1940s-1970s)
  38. In response to the decision of the United States and other countries resupplying Israeli military with needed arms during the Kippur war.
    OAPEC (Organization of Arab Petroleum Exporting Countries) EMBARGO of 1970s
  39. The oil embargo and stock market crash of _____ caused __________ (decline in economic growth (stagnation) and sharp increase in prices (inflation).
    1973, STAGFLATION
  40. the economic decline of the 70s was ushered because of governments poring money on their economies and caused inflation by increasing the demand for goods but not the supply; government intervention distorted the market function
    Economists Friedrich Hayek and Milton Friedman
  41. Countries pushed for minimal government spending to reduce government debt.
    The Washington Consensus
  42. Countries pushed for minimal government spending to reduce government debt. This ushered _______________.
    Neoliberalism
  43. Known advocates of the Washington Consensus
    • Ronald Reagan
    • Margaret Thatcher
  44. Scholars look at political, military, and other engagements between two or more countries are studying ____________
    International Relations
  45. Interactions between states, trade, political, military, and other diplomatic engagements
    International Relations
  46. When scholars explore the deepening of interactions between states, they refer to the phenomenon of ______________
    Internationalization
  47. a phenomenon that explains the deepening of interactions with states
    Internationalization
  48. THE ATTRIBUTES OF TODAY’S GLOBAL SYSTEM
    • 1. There are countries or states that are independent and govern themselves.
    • 2. These countries interact with each other through diplomacy.
    • 3. There are international organizations, like the United Nations (UN), that facilitate these interactions.
    • 4. Beyond simply facilitating meetings between states, international organizations also take on lives of their own.
  49. a territorially bounded sovereign polity—i.e., a state—that is ruled in the name of a community of citizens who identify themselves as a nation
    Nation State
  50. refers to a country and its government
    State
  51. The legitimacy of a nation-state’s rule over a territory and over the population inhabiting it stems from the right of a core national group within the state (which may include all or only some of its citizens) to _______________.
    self-determination
  52. 4 Attributes of State
    • 1. It exercises authority over a specific population, called its citizens.
    • 2. It governs a specific territory.
    • 3. A state has a structure of government that crafts various rules that people (society) follow.
    • 4. The state has sovereignty over its territory.
  53. Sovereignty refers to internal and external authority. 

    __________ – no individuals or groups can operate in a given territory by ignoring the state

    __________ – sovereignty means that state policies and procedures  are independent of the interventions of other states
    Internally

    Externally
  54. A nation is an "imagined community" according to ______________
    Benedict Anderson
  55. Imagined but does not mean made up, a ______ allows one to feel a connection with community even people they will never meet in their lifetime
    nation
  56. Origin of the present-day concept of sovereignty can traced back to the ____________
    Treaty of Westphalia
  57. Agreement signed in 1648 to end the thirty years’ war between the major continental power of Europe. Treaty signers exercise complete control over their domestic affairs and swear not to meddle in each other’s affairs.
    Treaty of Westphalia
  58. The Westphalian system provided stability for the nations of Europe, until it faced its first major challenge by _____________. Bonaparte believed in spreading the principles of the French Revolution—liberty, equality, and fraternity—to the rest of Europe.
    Napoleon Bonaparte
  59. ______________ was an alliance of “great powers”—the United Kingdom, Austria, Russia, and Prussia—that sought to restore the world of monarchial, hereditary, and religious privileges of the time before the French Revolution and the Napoleonic Wars.
    The Concert of Europe
  60. Countries making up the alliance of "great powers"
    United Kingdom, Austria, Russia, Prussia
  61. _______________ also known as the Congress system, was a series of meetings called among the great powers of Europe to discuss problems and attempt to resolve issues without violence.
    Metternich System
  62. The Metternich System was derived from the Austrian diplomat _____________
    Klemens Von Metternich
  63. Despite the challenge of the Napoleon Wars to the Westphalian system and the collapse of the Concert of Europe after the World War I. Today, international systems follow the traces of these historical events; 1. States are considered __________ and ___________ ways to violently impose systems of government in their countries are frowned upon. Moreover, like the Concert System, “great powers” still hold significant influence over world politics.
    sovereign, Napoleonic
  64. a system of heightened interaction between various states, with the goal of greater cooperation and unity among states
    Internationalism
  65. 2 broad categories of Internationalism
    • 1. Liberal
    • 2. Social
  66. -Believes that if people living together require government to prevent lawlessness, the same principle should be applied to all states.

    -States, like citizens of countries, must give up some freedoms and “establish a continuously growing state consisting of various nations which ultimately include the nations of the world.

    -He imagined a form of global government
    Immanuel Kant
  67. British Philosopher who coined the term “international” in the 1780s; 
    Advocated for the creation of an “international law” that would govern interstate relations
    Jeremy Bentham
  68. Loyalty, devotion, or allegiance to nation or nation-state such obligations outweigh other individual group interest.
    Nationalism
  69. Italian patriot who advocated for unification of Italian-speaking mini-states; Considered to be both internationalist and nationalist. Believes that unified nation-states should be basis for international cooperation
    Gieuseppe Mazini
  70. - U.S.A President who was influenced by Mazzini

    - Saw nationalism as a prerequisite for internationalism

    - Forwarded the concept of determination- world’s nations have the right to a free and sovereign government

    - Advocated for the creation of the League of Nations, which he pushed to transform to become a venue for conciliation and arbitration.
    Woodrow Wilson
  71. The League of Nations came to being but the U.S was not able to join, barred by its senate. Despite its failures it was able to give birth to more specific International Organizations such as the __________________ and _________________.
    World Health Organization (WHO) and International Labor Organization (ILO)
  72. People under liberal internatonalism
    • Immanuel Kant
    • Jeremy Bentham
    • Gieuseppe Mazini
    • Woodrow Wilson
  73. One of Mazini’s critics. Was an internationalist but differed Mazini in some aspects

    His goal was the unification of workers around the world

    True Internationalism should deliberately reject nationalism, which rooted people in domestic concerns instead of global ones.

    Died in 1883
    Karl Marx
  74. Karl Marx' followers established the _______________, which is a union of European Socialists and labor parties established in Paris, 1889.
    Socialist International (SI)
  75. Socialist International (SI), although short-lived they were able to establish _______________________, ______________, and campaigned for ______________, among others.
    • -May 1 as international Labor Day
    • -International Women’s Day
    • -8 hour working policy
  76. The SI collapsed; After overthrowing Czar Nicholas II.
    Russian Revolution of 1917
  77. The Bolsheviks led by Vladimir Lenin established the _________________________
    USSR (Union of Soviet Socialist Republic)
  78. Established COMINTERN (Communist International)
    Vladimir Lenin
  79. Comintern was dissolved after the allied forces doubted the USSR’s help to fight _______.
    Hitler
  80. For the post-war period, ___________ internationalism became ascendant.
    liberal
  81. _____________ comes out of the structural-functional viewpoint, as it frames inequality as a function of industrial and cultural differences between nations. According to this, low-income countries are affected by their lack of industrialization.
    Modernization theory
  82. According to modernization theory, low-income countries are affected by their lack of industrialization and can improve their global economic standing through (Armer and Katsillis 2010):
    • -an adjustment of cultural values and attitudes toward work   
    • -industrialization and other forms of economic growth
  83. _____________ coincides with the conflict viewpoint, as it focuses on ways that poor nations have been wronged by rich nations. It was created in part as a response to the Western-centric mindset of modernization theory. It states that global inequality is primarily caused by core nations (or high-income nations) exploiting semi-peripheral and peripheral nations (or middle-income and low-income nations), which creates a cycle of dependence (Hendricks 2010).
    Dependency theory
  84. ___________________ posits that there is a world economic system in which some countries benefit while others are exploited.
    World Systems Theory
  85. developed World Systems Theory
    Immanuel Wallerstein
  86. World Systems Theory's three-level hierarchy
    • core
    • periphery
    • semi-periphery
  87. (World Systems Theory)

    _____________ are dominant capitalist countries that exploit peripheral countries for labor and raw materials.

    ___________ are dependent on core countries for capital and have underdeveloped industry.

    _____________ share characteristics of both core and peripheral countries.
    • Core countries 
    • Peripheral countries
    • Semi-peripheral countries
  88. ________________ refers to the various intersecting processes that create this order. The are many sources of this; states sign treaties and form organizations—in the process legislating public international law. International non-governmental organizations (NGO), though not having formal state power, can lobby individual states to behave in a certain way.
    Global governance
  89. There is a semblance of world order despite the lack of one single government.
    Global governance
  90. ________________ imagined a possibility of “global governance”
    Bentham and Kant
  91. The term _________________ is commonly used to refer to international intergovernmental organizations or groups that are primarily made up of member-states.
    International Organizations (IOs)
  92. In the ____________, many scholars believed that IOs were just venues where the contradicting, but sometimes intersecting, agendas of countries were discussed—no more than talk shops.
    1960s and 1970s
  93. listed the powers of International Organizations (IOs)
    • Michael N. Barnett
    • Martha Finnermore
  94. powers of IOs
    • 1. power of classification
    • 2. power to fix meanings
    • 3. power to diffuse norms
  95. After the collapse of the League of Nations at the end of World War II, countries that worried about another global war began to push for the formation of more lasting league—the ____________.
    United Nation
  96. The UN is divided into five active organs:
    • 1. General Assembly (GA)
    • 2. Security Council (SC)
    • 3. Economic and Social Council (ECOSOC)
    • 4. International Court of Justice
    • 5. Secretariat
  97. (Organ of UN) UN’s “main deliberative policymaking and representative organ”
    The General Assembly (GA)
  98. The Philippines played a prominent role in the GA’s early years when Filipino diplomat ______________ was elected GA president from 1949-1950
    Carlos P. Romulo
  99. Though the GA is the most representative organizations in the UN, many commentators consider the ______________ to be the most powerful.
    Security Council (SC)
  100. Permanent 5 (P5)
    China, France, Rusia, UK, US
  101. (Organ of UN) takes the lead in determining the existence of a threat to the peace or a act of aggression. It calls upon the parties to a dispute to settle the act by peaceful means and recommend methods of adjustment or terms of settlement; heir to the tradition of “great powers “diplomacy that began with the Metternich/Concert of Europe System
    The Security Council (SC)
  102. (Organ of UN) It is the principal body of coordination, policy review, policy dialogue, and recommendations, on social and environmental issues, as well as the implementation of internationally agreed development goals
    Economic and Social Council (ECOSOC)
  103. (Organ of UN) Its task is to settle, in accordance with international law, legal disputes submitted to it by states and to give advisory opinions referred to it by authorized United Nations organs and specialized agencies
    International Court of Justice
  104. (International Court of Justice) In the later 1960s, the diplomat ____________ and other Filipinos helped design the system whereby any citizen of any state may petition the UN to look into human rights in a country
    Salvador P. Lopez
  105. (Organ of UN) consists of the Secretary-General and tens of thousands of international UN staff members who carry out the day-to-day work of the UN as mandated by the General Assembly and the organization’s other principal organs
    The Secretariat
  106. The biggest challenge of the United Nations to encounter is related to the issues of _______.
    security
  107. Often seen as a political and economic phenomenon, which actually encompasses a broader area; Could also be examined in relation to identities, ethics, religion, and ecological sustainability, and health; As a process it should be treated as an emergent and socially constituted phenomenon
    Regionalism
  108. According to __________, 1996, 

    Regionalism is emerging today as a potent force in the process of globalization. If globalization is regarded as the compression of the temporal and spatial aspects of social relations then regionalism.
    Mittelman
  109. Focuses on regional concentration floes
    Regionalization
  110. Refers to the economic and political process by economic policy, cooperation, and coordination among countries.
    Regionalism
  111. WHY DO COUNTRIES FORM REGIONAL ORGANIZATIONS?
    • 1. Military Defense
    • 2. Pool their resources
    • 3. Economic crisis compels countries to come together
  112. The widely known defense grouping is the _______________ which was formed during the cold war when several western European countries and the United States agreed to protect Europe from the Soviet Union. Meanwhile, the Soviet Union responded by creating its regional alliance, the __________, consisting of Eastern European countries under Soviet domination.
    NATO (North Atlantic Treaty Organizations), Warsaw Project
  113. Established in 1960 by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela to regulate production and sale of oil
    OPEC (Organization of the Petroleum Exporting Countries)
  114. _____________________ is composed of Egypt, Ghana, India, Indonesia, and Yugoslavia
    NAM (Non-Aligned Movement)
  115. It is not only state that agree to work together in the name of a single cause, communities also engage in regional organizing.
    Non-State Regionalism/ New Regionalism
  116. -refers to the proneness of the governments of two or more states to establish voluntary associations and to pool together resources (material and nonmaterial) in order to create common functional and institutional arrangements

    -a process occurring in a given geographical region by which different types of actors (states, regional institutions, societal organizations and other nonstate actors) come to share certain fundamental values and norms
    State-State Regionalism/ Traditional Regionalism
  117. The concept of gap between the global North and South in terms of development and wealth.
    The Global North/ South Divide
  118. Developed as a way of showing the world was geographically split into relatively richer and poorer nations.
    Brandt Line (1980s)
  119. Richer countries are located in the_________ Hemisphere with the exception of Australia and New Zealand. Poorer countries are mostly located________ and ____ Hemisphere.
    Northern,  tropical regions and Southern
  120. The south has long been home for the majority of the global population. Its fraction of the global population is rising as fertility rates have declined, reflecting this the south is now sometimes called the _________________.
    majority world
Author
raine
ID
366048
Card Set
contemporary 1
Description
Updated