Globalization: Key Concepts, Impacts, and Case Study of Svalbard

What is globalization?

The rapid integration of economies and societies across borders, exemplified by seeing food from around the world in a grocery store.

What role does technology play in globalization?

Technology, particularly communication and transportation technologies, is a main driving force of globalization.

What are key international institutions created after WW2?

Institutions established to address security and economic challenges globally.

How do governments interpret globalization?

Governments can have varying interpretations of the upsides and downsides of globalization, with authoritarian regimes often restricting information flow.

What economic impact has globalization had on developing countries?

Globalization has shifted low-wage, low-skill jobs to developing countries while leading to cheaper prices for consumers in higher-wage countries.

What are the four macro indicators of globalization?

Governance, Economics, Operations, and Social.

What is a positive aspect of globalization related to governance?

Globalization helps strengthen good governance.

How has globalization impacted international trade?

It has resulted in skyrocketing international trade and investment.

What operational improvements has globalization brought?

Globalization has greatly expanded transportation and communication networks.

What social benefit does globalization provide?

It allows for greater integration and opportunities to learn about other cultures.

What are some negative aspects of globalization?

It can foster unwanted influences on state sovereignty, lead to job loss in higher wage countries, and facilitate the expansion of drug cartels and terrorist organizations.

What is cultural imperialism in the context of globalization?

The phenomenon where globalization can lead to the dominance of one culture over others.

What is Svalbard?

An island in the Arctic Circle that Norway gained sovereignty over through the Svalbard Treaty with Russia on February 9, 1920.

What territorial issues are arising in Svalbard due to globalization?

Melting of the Arctic Circle has led to territorial disputes, especially between Russia and Norway, and opened new shipping lanes.

How does globalization contribute to climate change in the Arctic?

Globalization contributes to climate change and the melting of the Arctic, impacting cultural identities and treaty interpretations.

What is human security?

Security threats that affect the human population.