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These flashcards cover key concepts related to globalization, its drivers, impacts on migration, economics, and state dynamics.
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Globalization
Encompasses technological advances, economic liberalization, political interdependence, and cultural integration.
Drivers of Globalization
Factors including historical development, ideological positions, transformations in economic practices, and shifts in technology.
Transnational Identity
Globalization fosters affiliations that cross national borders, including professional, sports, religious, and environmental movements.
IMF
International Monetary Fund, an organization promoting international financial stability and economic growth.
Global South
Regions, primarily in Africa, Latin America, and parts of Asia, which are often disadvantaged in global economic systems.
Bretton Woods system
Established in 1944, it created global financial institutions to promote stability and trade liberalization.
Containerization
A shipping innovation that significantly reduced costs and inefficiencies, revolutionizing global trade.
Citizenship laws
Regulations determining who is considered a legal citizen and the rights and privileges accompanying that status.
Economic Liberalization
The process of removing restrictions on the economy to encourage trade and investment.
Supraterritoriality
A perspective on globalization emphasizing the diminishing significance of borders as transnational networks transcend territorial boundaries.