The Contemporary World (Chapter 1and2)

Globalization

• Interdependence and connectivity

• Process of interaction

• Integration among the people, companies, and government

• Breaking down of national barriers

The Globalization Policy Forum (GPF)

1. Globalization of the economy

2. Globalization of Politics

3. Globalization of Culture

4. Globalization of Law

Globalization Economy

• Advance in communication and transportation technology

• Take advantage of abundant

Globalization of Politics

• Governments

• Political System

Globalization of Culture

• Technology has now created but not all have access

Globalization of Law

• Legal Rules

• International Criminal Court (ICC)

• International Law

• World wide Web criminal code

Elements of globalization

1. Trade Agreement

2. Capital Flow

3. Migration Patterns

4. Information transfer

5. Spread of technology

Trade Agreement

• Agreement between to countries

  • Bilateral - agreement two countries

  • Regional - more than 2 countries (Asia, Africa etc.)

  • Multilateral - international agreement

Capital Flow

• Flow

• Nation's domestic or foreign assets

Migration Patterns

Ex. Ofw

• Impact of labor market

• Migration of other countries

  • Migration - loss

  • Emigration - gain

Information transfer

• Internet, products

• Communication trend

Spread of Technology

• Rapid dispersion of means and methods of producing good and services

Trends in Globalization

1. Population Trends

2. Science And technology

3. Increasing Integration and interdependence

4. Governance

Trends Globalization

Face of globalization

Population Trends

• Decreasing population in develope countries

• Representation

Science and technology

• Includes computer, GPS, genetically modified foods

• Internet

Increasing Integration and interdependence

• Paglibot ng pangulo sa bansa pagkatapos manalo

• Exchange of product and services

Governance

• Corruption

• Economic activity and transnational institution

Ideologies of Globalization

1. Globalization is about the liberalization

2. Globalization is inevitable and irreversible

3. Nobody is in charge

4. Globalization benefits everyone

5. Globalization furthers the spread of democracy in the world

6. Globalization requires a war on terror

Globalization is about the liberalization

• Lidership, open to integrate

• Liberalization and integration

Globalization is inevitable and irreversible

• Impossible to to evade the effects of Globalization

• Wether we like it or not, it is here to stay

• Hindi to maiiwasan

Nobody is in charge

• no one is incharge

Globalization benefits everyone

• Everyone is closely linked with economic prosperity

• Unprecedented expansion of investment and trade

• Ex. Internet, cellphone, products

Globalization furthers the spread of democracy in the world

• Do not automatically produce democracies

• Resulting globalization

• Mas pinalawak, mas pinalaganap, karapatan, pantay pantay

Globalization requires a war on terror

• Attest to globalisms political responsiveness and conceptual flexibility

• Combines of economic globalization with openly militaristic and nationalistic ideas

Internationalization

• basic unit of globalization

• Increasing importance of international trade, international relations

Globalization

• global economic integration of many into one global economy

• Easy or uncontrolled migration

International Trade

Governed by comparative advantage

Interregional trade

Governed by absolute advantage

Integration

• “integer” meaning one, complete or whole

• Act if combining into one whole

• Disintegration - it's parts are tirn out of their national context

Globalism

• network of connections

• State of the world involving networks of Independence at multicontinental distance

• Globalism, flows and influences of capital and goods

Globalism refers to network of connections

• Network of relationship “global”

• Multicontinental distance, not simply regional networks

• Proximate regional relationship

• Localization, nationalization or regionalization.

Globalism does not imply universality

• World Wide Web to connect

• Most of the people in the world today do not have telephones

• Slight connection to the world markets or the global flow of ideas

• Globalization is accompanied

• It does not imply homogenization or equity.

Dimension of Globalism

1. Economic Globalism

2. Military Globalism

3. Environmental Globalism

4. Social and Cultural Globalism

Economic Globalism

• Long distance of goods, services and capital

• Market Exchange

• Exchange for higher salary

Military Globalism

• Long distance networks of interdependence

• Forced and threat or promise or force are employed

• Join train

Environmental Globalism

• Long-distance transport of materials in the atmosphere oceans

• Nature

Social and Cultural Globalism

• Movements of ideas, information, images, and of people

• Kpop, kdrama, foods, samgyup

Bretton Woods System

• Foundation of contemporary organization, 1944

• 1450—1640, period of global economy

• Exchange rate, US to Dollar value’s pegged to gold

Economic Globalization

• Increasing Integration of economies

Global Stratification

• An equal of distribution in resources

Different types of Global Stratification

1. First Typology

2. Replacement Typology

3. Popular typology

First Typology

• came after WW2

  a. First World - capitalist democracy

  b. Second World - Natalong Bansa

  c. Third World - Mga nasakop

Replacement Typology

• Place Nations into:

  • Developed - superior

  • Developing

  • Undeveloped - inferior

Popular Typology

• ranks nations into:

  • Wealthy (or high income) - most industrial nations

  • Middle Income - third of the world's population. Lower-middle-income. 1/3 Population of the world. Philippines

  • Poor or Low-income - miserable conditions. Suffer from AIDS and other deadly diseases

Modernization Theory

• Able to develop the correct beliefs, values, and practices-in short the correct culture - for trade

Dependency Theory

• Blames global Stratification on the exploitation of these nations by the rich ones

World System Theory

• Division of labor, according to nation

Core Nations

• To produce finish products

• Most modernize nation

Peripheral nations

• Export of unprocessed raw materials

Semi-pheripheral nations

• Combinations of core and peripheral

Geographic Division of Labor According to Walletrstein

1. Core Nations

2. Peripheral Nations

3. Semi-pheripheral Nations

The modern world System

• World economy as a large geographic zone

Five Institution in the Modern World System

1. Market

2. Firms

   • Core-like

   • Peripheral Process

   • Semi-pheriphery

3. States

4. Household

   • Wage Income

   • Subsistence activity

   • Petty commodity

   • Rent

   • Transfer payments

   • Classes

   • Identities

Market

• Market is a place

Firms

• who produce the goods and provide services in the markets

States

• Geographical division of labor

Household

• Consist of three to ten person

Wage Income

• Formed of money by persons outside the household

Subsistence Activity

• Work of rural persons who grow food and produce necessities for their own

Petty commodity production

• sold cash on wider market

• Buys whole sale products (for cheaper price)

Rent

• Major capital investment or from capital ownership

Transfer payment

• Virtue of a defined obligation of someone else to provide this income

Identities

• born with one, whether we like it or not

• Gender snd sexual preferences

Universalism

• Priority to general rules applying equally to all persons and the rejection of particularistic preferences in most spheres

• Manifold

Anti-universalism

• Linked with racism and sexism

• Came into second half of 20th century