Understanding Global Structures
Globalization comprises interconnected systems facilitating worldwide connectivity and interdependence.
Encompasses multiple dimensions of human activity and organization.
Foundation of Globalization
Include international trade networks, global financial markets, and multinational corporations.
Example: Modern supply chains utilize components from various countries, creating products for global markets.
Framework for Cooperation
Institutions like the United Nations and World Trade Organization facilitate countries' coordination on global challenges.
Establish rules governing global interaction.
Enabler of Connectivity
Digital networks, transportation systems, and communication platforms facilitate instant information exchange and efficient movement of goods and people across borders.
Exchange of Ideas
Manifest through the sharing of ideas, values, and practices across borders.
Includes the spread of popular culture, educational exchanges, and migration patterns leading to cosmopolitan identities.
All these structures reinforce and influence one another, making globalization robust yet vulnerable to systemic disruptions.
Analyze the drivers of globalization.
Describe the emergence of global economic and political systems.
Learning Goals
Agree on a definition of globalization, differentiate its various conceptions, and narrate personal experiences pertaining to globalization.
Shopping: Products like smartphones often comprise parts from various countries (e.g., made in China, assembled in South Korea).
Food: Global cuisine is commonplace; foods like sushi, pasta, and tacos illustrate cultural exchange through culinary practices.
Media and Entertainment: Platforms like Netflix provide access to international films and music, highlighting cultural globalization.
Social Media: Facilitates instant communication and idea sharing across borders.
Travel: The ability to travel globally illustrates the interconnectedness of nations.
Globalization affects individuals differently, creating both opportunities and perpetuating inequalities.
Opportunities: Women from poorer nations enter marriages with wealthier partners seeking to escape hardship.
Challenges: Power imbalances lead to exploitation, including abuse and human trafficking.
Wealthier men maintain economic and social power in these arrangements.
Vulnerable women lack resources or protections.
Expansion: Refers to new social networks and multiplication of existing connections across boundaries.
Isolation and vulnerability can exacerbate inequalities and exploitation.
Illustrates the expansion of social networks globally.
Enables interactions and influences societal norms.
Expansion: Increase in interconnectedness.
Intensification: Acceleration of social relations.
Global Imaginary: A feeling of a smaller world due to rapid advancements in technology and communication.
Use of technology and travel has made cultures and information more accessible, fostering a new global sensibility.
Ethnoscapes, Technoscapes, Financescapes, Mediascapes, Ideoscapes include flows of people, technology, money, information, and ideas.
Globalization: The process of expanding social networks and consciousness across geographical boundaries.
Globalism: An ideological perspective advocating for interconnectedness, shared values, and problem-solving.
Understanding the actors and history of economic globalization.
Discusses the Silk Road as a precursor of global trade systems.
Economic globalization's roots can be traced back to the Silk Road, with the Galleon Trade marking the first truly global connections.
The Gold Standard introduced a monetary policy that stabilized trade yet imposed restrictions on economic flexibility.
The shift to fiat currencies allowed for more active economic management by governments but brought challenges such as inflation and dependence on foreign markets.
Historical interventions highlight the complexities and challenges of global governance in response to conflicts.
The interplay between regional factors and global order is vital in understanding contemporary international relations.
Global South becomes a significant player in the global economy, reflecting changes in power dynamics due to globalization.
Examines the evolution and characteristics of Asian regionalism, its significance in promoting cooperation and stability across Asia.