Contemporary World Notes
Globalization
Definition of Globalization
- Globalization is a multidimensional set of social processes that intensify worldwide social interdependencies.
- Rosenberg: Globalization interconnected human society, replacing the sovereign state system with global governance.
- Ritzer (2008): Spread of worldwide practices, relations, consciousness, and organization of social life.
- Globalization reshapes world order, expanding social institutions across territories.
Qualities and Characteristics of Globalization (Held & McGrew, 2002)
- Creation and multiplication of social networks and cultural activities.
- Expansion and stretching of social operations and connections.
- Intensification and acceleration of human activities.
- Consciousness and awareness of global connections.
Globalization vs. Westernization
- Globalization is not the same as Westernization.
- Westernization is associated with Western culture and values, influencing countries outside its territory.
Theoretical Approaches to Globalization
Realism
- Focuses on the shifting distribution of power among states.
- Emphasizes power and domination.
- Countries open economies for financial returns and political-military strength.
- Economic alliances flourish under favorable security conditions.
Liberalism
- Emphasizes relationships, negotiations, and communication.
- Focuses on solving problems and conflicts.
- Promotes democracy, global economic ties, and international organizations.
- Economic ties and cooperation foster prosperity and security.
Idealism
- Values and norms play pivotal roles.
- Emphasizes ideologies, frameworks, systems, and identities.
- Beliefs center on ideas, emotions, and collective values.
- Values appropriateness and transparency.
Role of Ideas and Technology in Globalization
- Ideas: Non-material entities of culture that shape perceptions.
- Technology: Significant determinant of wealth and power.
- Fast pace of technological change impacts business, government, and individuals.
- Dispersed knowledge and technology make national borders irrelevant.
Institutions and Globalization
- Institutions: Norms, activities, and structures providing meaning and stability.
- Global governance is directed by political and economic institutions.
- Liberalists emphasize the importance of institutions in international order.
- International institutions regulate communication and movement of resources.
The Practice of Globalization
Globalization in Historical Perspectives
- Advances in technology, transportation, finance, and communications have led to more uniform practices among nations.
Phases of Globalization (Thomas Friedman)
- Globalization 1.0 (1492 – 1800): Mercantilism
- Globalization 2.0 (1800 – 1950): Industrialization (Pax Britannica)
- Globalization 3.0 (1950 – 2000): Technology, Information Age
Dimensions of Globalization (Anthony Giddens)
- World Capitalist Economy: Primary force, multinational corporations are powerful.
- Nation-state System: Sovereignty emphasized, nation-states make collective objectives.
- World Military: Strengthening military power is a priority.
Three Worlds and World Order
- First World: Powerful economies, stable governments.
- Second World: Communist countries trapped between poverty and prosperity.
- Third World: Less developed economies, often with colonial history.
Global Economy
Economic Systems
- Market Economy: Decisions by private individuals, economic freedom.
- Command Economy: Central planning body makes decisions, controlled by government.
- Mixed Economy: Combination of market and command elements.
International Trade
- Exchange of goods and services across national boundaries.
- Trade Theories:
- Descriptive Theory: Natural order, laissez-faire.
- Prescriptive Theory: Government intervention.
- Perspectives:
- Economic Liberals: Free trade efficiency, specialization.
- Mercantilists: Higher export than import, colonial benefits.
- Structuralists: Core exploits periphery (Wallerstein).
Transnational Corporations
- Business organizations competing in global markets.
- Control global markets, powerful economic actors.
International Economic Institutions and Market Integration
- Economic integration enhances competitiveness.
- Free Trade Area (FTA): Reduces internal tariffs.
- International Economic Institutions: WTO, World Bank, IMF, ADB.
Global Governance
Global Governments and Governance
- No global government exists, but global governance involves solving large-scale problems at a global level.
- Relies on consensus and agreements.
- Jurisdiction, incentive, and participation gaps exist.
Political Systems
- Individualism vs. Collectivism
- Individualism: Values individual freedom.
- Collectivism: Values collective goals.
- Democracy vs. Totalitarianism
- Democracy: Individual participation, free elections.
- Totalitarianism: No freedom of expression, single-party control.
Political Layers and Geopolitics
- Power: Control over other states.
- Geopolitics: National interests based on location and geography.
- Unilateralism, Multilateralism, Isolationism.
Global Political Institutions
- United Nations (UN): Established in 1945, addresses global issues.
Organs of United Nations
- General Assembly
- Security Council
- Economic and Social Council
- International Court of Justice
- The Secretariat
- Trusteeship Council
- North Atlantic Treaty Organization (NATO): Initially a political association.
Global Civil Society and Non-Governmental Organizations
Global Civil Society (GCS)
- GCS: A global network of NGOs influencing governments and organizations.
Characteristics of NGOs
- Independent from government control.
- Not political parties.
- Non-profit organizations.
Roles of Civil Society Organizations
- Watchdog
- Advocate
- Service Provider
- Expert
- Capacity Builder
- Incubator
- Representative
- Citizenship Champion
- Solidarity Supporter
- Definer of Standards
Transnational Nongovernmental Organizations (TNGOs)
- International not-for-profit organizations, independent of governments.
Economic Nongovernmental Organizations
- Multinational Corporations (MNCs) and Transnational Corporations (TNCs).
Environmental Nongovernmental Organizations
- Protect the environment, lobby decision-makers.
Law and Human Rights Nongovernmental Organizations
- Promote political participation, freedom, and access to basic needs.
Global Development and Divide
Development
- A process of changing and enhancing something.
- Uneven impact of globalization.
- Four Dimensions:
- Economic Development
- Human Development
- Sustainable Development
- Territorial Development
Sustainable Development Goals (SDGs)
- Established to end poverty, solve inequality, and address climate change.
- 17 Sustainable Development Goals
How will the Sustainable Development Goals be implemented?
- Alignment of national plans with global commitments.
- Resource mobilization and financing strategies.
- Contributions from government, private sector, and civil society.
- Partnership between global community and national governments.
Global South
- Countries excluded from socioeconomic prominence (Africa, Middle East, South America, South Asia, Pacific).
Three Worlds as Contemporary Issue
- Global North vs. Global South
- Various political and economic descriptions and experiences.
Causes of Global Divide
- Globalization in the 1990s
- Uneven Immigration
- The hegemonic nature of international economic relations