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Questions and Answers

Which perspective on globalization views it as an overstated phenomenon, not fundamentally different from historical global trade systems?

  • Idealist
  • Skeptic (correct)
  • Radical
  • Transformationalist

According to Giddens, how does globalization affect power dynamics within societies?

  • It diffuses power both upwards to supranational entities and downwards to local movements. (correct)
  • It uniformly distributes power across all levels of society.
  • It centralizes power exclusively within nation-states.
  • It primarily strengthens the power of transnational corporations.

Which technological advancement has NOT significantly contributed to the acceleration of globalization?

  • Satellite communication
  • The Internet
  • Mobile telecommunications
  • The printing press (correct)

What is a primary social contradiction that Anthony Giddens identifies as being accelerated by globalization?

<p>The revival of local identities occurring simultaneously with greater global integration. (D)</p> Signup and view all the answers

According to Friedman, what was the primary driving force behind Globalization 1.0 (1492-1800)?

<p>The power and expansionist ambitions of countries. (C)</p> Signup and view all the answers

What is the central argument presented in Thomas Friedman's 'The World Is Flat'?

<p>Technology is leveling the playing field, enabling greater global competition and collaboration. (D)</p> Signup and view all the answers

Which of the following is a key debate surrounding globalization?

<p>Whether globalization strengthens or weakens democratic institutions. (B)</p> Signup and view all the answers

How does the globalization of labor markets impact businesses operating across different time zones?

<p>It creates challenges in coordinating meetings and deadlines. (D)</p> Signup and view all the answers

How did Globalization 2.0 (1800-2000) differ from Globalization 1.0, according to Friedman?

<p>Globalization 2.0 saw multinational corporations become major drivers, enabled by lower transportation and communication costs. (D)</p> Signup and view all the answers

In what way does economic interdependence among nations affect the manufacturing sector?

<p>It disperses the supply chain across multiple countries. (C)</p> Signup and view all the answers

What is the primary role of the United Nations (UN) in global crisis management, such as during a pandemic?

<p>Facilitating dialogue and sharing crucial information. (A)</p> Signup and view all the answers

What is a common criticism of the International Monetary Fund's (IMF) lending practices to struggling countries?

<p>The IMF often imposes terms, such as privatization, that can lead to economic exploitation. (C)</p> Signup and view all the answers

How does 'Just-in-Time' production impact supply chain vulnerability?

<p>It concentrates sourcing, making the supply chain susceptible to disruptions. (B)</p> Signup and view all the answers

How does the concept of 'Realistic Conflict Theory' relate to resource scarcity and nationalism?

<p>It explains how competition for scarce resources can lead to conflict between groups. (D)</p> Signup and view all the answers

In what way have advances in technology, such as social media, impacted family dynamics and global connections?

<p>They have simplified and reduced the cost of staying in touch with family abroad. (D)</p> Signup and view all the answers

What psychological factors are associated with the rise of nationalism and tribalism?

<p>Stress, fear, and resource scarcity. (A)</p> Signup and view all the answers

Which of the following scenarios best exemplifies cultural homogenization as a result of globalization?

<p>The widespread adoption of American fast food chains and social media platforms in various countries. (C)</p> Signup and view all the answers

How does economic regionalism challenge the overarching concept of globalization?

<p>It demonstrates that significant economic activities are still concentrated within specific geographic areas rather than being fully globalized. (D)</p> Signup and view all the answers

What is a primary concern regarding cultural exchange in the context of globalization?

<p>The exploitation of less powerful nations and the loss of local traditions. (D)</p> Signup and view all the answers

How can the global labor market negatively impact both wealthier and developing nations due to economic inequalities?

<p>It can exploit workers in poorer nations while reducing job opportunities in wealthier countries. (A)</p> Signup and view all the answers

In what way does the shift away from lifetime professions in manufacturing affect individuals' sense of identity?

<p>It challenges traditional notions of identity tied to work, leading to uncertainty and a need for adaptation. (B)</p> Signup and view all the answers

How can the rise of nationalism be interpreted as a response to globalization?

<p>As a reaction to perceived threats such as cultural dilution or economic dependence caused by globalization. (C)</p> Signup and view all the answers

Which factor makes global supply chains particularly vulnerable to disruptions?

<p>The interconnectedness, where disruptions in one area can create ripple effects globally. (D)</p> Signup and view all the answers

What is a significant psychological impact of globalization on workers, especially in developed countries?

<p>Increased uncertainty and anxiety related to rapidly changing job markets and industries. (B)</p> Signup and view all the answers

Which factor primarily enabled the rise of the 'global assembly line' and the geographical dispersion of production processes?

<p>Technological advancements in communication and transportation. (A)</p> Signup and view all the answers

What is a potential consequence of the 'race to the bottom' phenomenon in the context of globalization?

<p>Stagnant or declining wages and working conditions. (D)</p> Signup and view all the answers

How do global institutions like the World Bank and the IMF face criticism in the context of globalization?

<p>For allegedly perpetuating economic inequality and favoring powerful nations. (D)</p> Signup and view all the answers

How does the establishment of manufacturing plants by Japanese carmakers in the U.S. exemplify a characteristic of globalization?

<p>It illustrates the global marketing strategies of corporations. (A)</p> Signup and view all the answers

Which of the following economic trends is most directly associated with the concept of 'neoimperialism' in the era of globalization?

<p>The continued economic dependence of many former colonies on Western nations and corporations. (B)</p> Signup and view all the answers

How does the rise of neoliberal ideology impact government intervention in the economy?

<p>It advocates for reduced government intervention through deregulation and privatization. (D)</p> Signup and view all the answers

What is the most likely response of employers when labor unions push for wage increases, in a globalized economy?

<p>Employers threaten, or follow through with, relocating jobs to countries with lower labor costs. (D)</p> Signup and view all the answers

Which factor contributes most to the changing work structure characterized by a decline in job security?

<p>The practice of downsizing and outsourcing by corporations. (B)</p> Signup and view all the answers

Which of the following best describes how hegemony functions within the context of globalization?

<p>It allows powerful entities to shape global systems to their advantage, often disadvantaging weaker nations. (D)</p> Signup and view all the answers

What is the primary emphasis of Neoliberalism as an ideology?

<p>Free markets, deregulation, privatization, and minimal government intervention. (C)</p> Signup and view all the answers

Which of the following is a characteristic of Economic Liberalization facilitated by globalization?

<p>Opening markets to foreign investment and reducing trade barriers. (C)</p> Signup and view all the answers

What is a potential consequence of Privatization within the framework of neoliberal globalization?

<p>Transfer of public services to private entities, potentially favoring multinational corporations. (B)</p> Signup and view all the answers

What is the main purpose of Structural Adjustment Programs (SAPs) implemented by institutions like the IMF and World Bank?

<p>To encourage countries to adopt neoliberal policies in exchange for financial aid. (A)</p> Signup and view all the answers

How does neoliberal globalization affect Global Power Imbalances?

<p>It tends to favor wealthier nations, potentially reinforcing global inequality. (C)</p> Signup and view all the answers

What does the Globalization of Food and Culture entail?

<p>The introduction of diverse foods and cultural products to different regions. (D)</p> Signup and view all the answers

What phenomenon is described as the 'flowback' of global culture into U.S. culture?

<p>The integration of global cultural elements, like food and music, into U.S. culture. (C)</p> Signup and view all the answers

Which of the following best describes the impact of globalization on nation-state sovereignty, according to critics?

<p>Nation-states lose sovereignty to transnational organizations and global market forces. (D)</p> Signup and view all the answers

How does the concept of 'glocalization' relate to the tensions arising from global culture?

<p>Glocalization involves the adaptation of global products and ideas of local contexts, mediating the tension between global and local cultures. (D)</p> Signup and view all the answers

Which of the following is the most accurate sociological approach to studying globalization?

<p>Analyzing transnational flows and their impacts on societies. (B)</p> Signup and view all the answers

According to the notes, what is a key attribute of cultural hegemony in the context of globalization?

<p>It involves the dominance of certain cultures that shapes global norms and values, often appearing as the 'natural' order. (A)</p> Signup and view all the answers

How do institutions such as the IMF and World Bank contribute to economic hegemony?

<p>By setting rules and policies that often reflect the interests of dominant economies. (D)</p> Signup and view all the answers

Which of the following examples illustrates the concept of permeable borders in the age of globalization?

<p>The increased ease with which environmental pollution, pandemics, terrorism, and crime can spread across countries. (D)</p> Signup and view all the answers

What is a primary concern raised by critics regarding the impact of globalization on societal welfare?

<p>Globalization prioritizes corporate interests over societal welfare, leading to inequality. (D)</p> Signup and view all the answers

How might globalization affect gender roles within a society?

<p>Globalization can lead to a restructuring of gender roles and relations within societies. (D)</p> Signup and view all the answers

Flashcards

Globalization Critique

Prioritizing corporate interests over societal welfare in globalization, as argued by critics.

Loss of Sovereignty

Nation-states losing control to global organizations and markets.

Corporate Prioritization

Governments favoring corporate interests over their citizens.

Permeable Borders

Movement across borders of pollution, diseases, terrorism, and people.

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Global Culture

A global culture driven by consumerism and Western media.

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Glocalization

Adapting global products to fit local tastes and contexts.

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Hegemony

Dominance of one group/nation/ideology over others via cultural/economic/political influence, not force.

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Cultural Hegemony

Dominant cultures shaping global norms to seem 'natural'.

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Accelerated Globalization

The post-World War II period saw an increase in interconnectedness and interdependence of countries through various factors.

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Global Assembly Line

Transnational corporations create a 'global assembly line' by sourcing components and manufacturing in different countries.

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Race to the Bottom

Manufacturing jobs shift to countries with lower labor costs, sometimes leading to a race to find the absolute lowest cost.

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Global Marketing

Companies market their products and services worldwide, not just in their home countries.

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Tech-Driven Globalization

New technologies greatly reduced the cost and time of communication, production, and transportation internationally.

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Corporate Outsourcing

Corporations outsource parts of their production or services to other companies, often in different countries, to reduce costs and increase efficiency.

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Neoimperialism

Many former colonies are still economically dependent on Western nations and corporations, despite gaining political independence.

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Neoliberal Ideology

A political-economic philosophy promoting free trade, deregulation, privatization, and minimal government intervention in the economy.

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Hegemony in Globalization

Dominance of a powerful entity that shapes global systems to its advantage.

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Neoliberalism

Economic ideology favoring free markets, deregulation, privatization, and minimal government intervention.

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Economic Liberalization

Opening markets to foreign investment, reducing tariffs, and eliminating trade barriers.

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Privatization

Transferring public services (healthcare, education) to private companies.

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Structural Adjustment Programs (SAPs)

Conditions imposed by IMF/World Bank for aid, often leading to austerity.

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Global Power Imbalances

Neoliberal globalization favoring rich nations exploiting poorer nations' resources and labor

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Globalization of Food

Introduction of diverse foods and ingredients to different parts of the world.

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Cultural Feedback

Global culture flowing back into U.S. culture, creating a more diverse cultural landscape.

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Globalized Labor

Labor markets are now globally interconnected, with jobs often outsourced internationally.

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Economic Interdependence

Countries rely on each other for trade, resources, and production.

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Loss of U.S. Manufacturing Jobs

The decline of manufacturing jobs in the U.S. due to globalization.

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United Nations (UN)

Facilitates conversation and shares information during global crises, but doesn't enforce decisions.

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International Monetary Fund (IMF)

Lender of last resort for struggling countries, sometimes imposing privatization as a condition.

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"Just-in-Time" Production

Production that relies on components sourced from various countries, making it vulnerable to disruptions.

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Realistic Conflict Theory

Competition for limited resources leads to conflict between groups.

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Communication Advances

Social media & cheap communication reshape family dynamics and make global connections easier & more affordable .

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Cultural Homogenization

The spread of Western culture and technology worldwide, potentially diminishing local cultures.

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Economic Regionalism

Economic activity concentrated within specific geographic areas (e.g., EU), contrasting with worldwide economic integration.

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Cultural Exchange vs. Exploitation

Sharing of diverse cultural elements but it may involve exploitation and the loss of local traditions.

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Economic Inequalities

Globalization can widen the gap between wealthy and developing nations.

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Identity in the Globalized Workforce

The modern workforce requires individuals to adapt to the changing nature of work and embrace uncertainty and change.

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Nationalism as a Reaction to Globalization

A defense of local culture and economy against the perceived negative impacts of globalization.

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Supply Chain Vulnerabilities

Global trade networks are susceptible to disruptions that can cause shortages and price increases.

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Globalization: Benefits and Drawbacks

Globalization has both pros such as cultural exchange and economic efficiency and cons like exploitation and inequality.

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Transnational Corporations (TNCs)

Large companies operating in multiple countries.

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Erosion of National Sovereignty

The idea that national boundaries are becoming less important due to global integration.

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Globalization Skeptics

Belief that globalization is exaggerated and not fundamentally different from past international trade.

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Globalization Radicals

Belief that globalization is transformative, creating a borderless economy and diminishing national sovereignty.

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Globalization's Dual Impact on Power

The movement of power both upwards to supranational institutions and downwards to local autonomy movements.

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"Global Cosmopolitan Society"

Societies characterized by interconnected cultures, values and norms facilitated by globalization.

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Globalization 1.0

Driven by countries seeking resources and markets through colonization and trade (1492-1800).

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Study Notes

Definition of Globalization

  • Globalization refers to the increasing interconnectedness among people worldwide.
  • It is defined by the growing scale, extent, variety, speed, and magnitude of cross-border interrelations in social, economic, military, political, and cultural aspects.
  • It involves the flow of goods, information, money, communication, and culture across national boundaries.

Implications of Globalization

  • Shrinking World: Modern communication, transportation, and the internet have diminished the sense of distance between countries, increasing interdependence.
  • A Process, Not a Product: Globalization is seen in activities like immigration, transnational travel, global marketing, outsourcing, and international investments.
  • Far-Reaching Effects: Globalization extends beyond economics, reshaping individual and institutional lives in political, social, and cultural spheres.
  • Diverse Experiences: Globalization provides opportunities and prosperity for some, while others experience poverty, instability, and loss of tradition.
  • Dual Nature of Impact: Globalization has both destructive and creative aspects.

Historical Context: Globalization Is Not New

  • Pre-Modern Globalization: Around 1000 A.D., trade and cultural exchanges spanned the globe, exemplified by the Vikings, the Byzantine Empire, and the Islamic world.
  • These exchanges significantly influenced events like the European Renaissance and the Enlightenment.
  • Key Historical Periods:
    • 16th Century: European trade and exploration expanded globally.
    • 19th and Early 20th Centuries: Marked by high levels of immigration and cross-border trade.
    • Post-World War II: Accelerated by decolonization, technological advances, and the rise of institutions like the World Bank, IMF, and UN.

Contemporary Characteristics of Globalization

  • Production: Rise of transnational corporations has led to a "global assembly line."
  • Examples are Dell sourcing components globally from Mexico, Taiwan, and China, and Nokia manufacturing products in over ten countries.
  • Impacts production, as manufacturing jobs move to low-wage economies (e.g., U.S. to China).
  • Race to the bottom occurs, and jobs migrate to countries with even lower wages, like from Mexico to China.
  • This results in the decline of manufacturing sectors in developed countries.
  • Markets: Corporations market globally, with Japanese carmakers like Honda and Toyota building plants in the U.S. to target the local market.
  • Technology: Robotics, fiber optics, the internet, and communications satellites revolutionized production, transportation, and information sharing.
  • Corporate Restructuring: Corporations outsource Production, create alliances, and decentralize manufacturing, as seen with Boeing's Dreamliner relying on global partners for components.
  • Neoimperialism: Many former colonies remain economically dependent on Western nations and corporations despite political independence after WWII.
  • Globalization enriches third-world elites but often subordinates them to foreign powers.
  • Changing Work Structure: Job security declines due to downsizing and outsourcing; labor unions lose influence, as employers can relocate jobs.
  • Global Institutions: Organizations like the World Bank, IMF, and WTO promote transnational trade but face criticism for perpetuating inequality.
  • Neoliberal Ideology: Advocates free trade, deregulation, privatization, and reduced government intervention but is criticized for prioritizing corporate interests.
  • Governance: Nation-states lose sovereignty to transnational organizations and global market forces; governments prioritize corporate interests, even at the expense of citizens.
  • Permeable Borders: Environmental pollution, pandemics, terrorism, and crime transcend borders; migration flows involve both labor and forced migration.
  • Global Culture: Consumerism and media drive a "global culture" often centered on Western ideals, leading to tension between globalization and local cultures and glocalization.

Globalization’s Sociological Implications

  • Sociology shifts to studying transnational flows and impacts
  • Sociologists examine how globalization contributes to:
  • Inequality within and across nations.
  • Environmental degradation.
  • Restructuring of social institutions, gender roles, and class relations.

Hegemony

  • Hegemony refers to the dominance of one group, nation, or ideology over others through cultural, economic, and political means rather than direct coercion.
  • Cultural Hegemony: Dominant cultures shape global norms, values, and ideologies, exemplified by Western cultural ideals like consumerism spreading globally.
  • Economic Hegemony: Control of global trade, finance, and economic policies by powerful nations (e.g., through IMF, World Bank, WTO), which can influence policies that favor the Global North.

Neoliberalism

  • Neoliberalism is an economic and political ideology that emphasizes free markets, deregulation, privatization, and minimal government intervention, shaping globalization since the late 20th century.
  • Economic Liberalization: Countries face pressure to open markets to foreign investment, reduce tariffs, and eliminate trade barriers for the free flow of goods, services, and capital.
  • Privatization: Public services/industries become private.
  • Structural Adjustment Programs (SAPs): the IMF and World Bank programs require countries to adopt neoliberal policies in exchange for aid, often leading to austerity measures and increased inequality.
  • Global Power Imbalances: Neoliberal globalization tends to favor wealthier nations and multinational corporations, reinforcing global inequality.

Globalization & Culture

  • Globalization introduces new foods and ingredients to different parts of the world, exemplified by Thai cuisine's global spread.
  • There is a "flowback" of global culture into U.S. culture.
  • Labor has become globalized, with issues such as the time zone challenges, human rights concerns, and low wages.
  • Loss of U.S. Manufacturing Jobs stems from the questions about workers' identities and stability in the workforce.
  • United Nations (UN): Facilitates conversation rather than enforcing decisions, playing a key role in sharing information during crises such as pandemics].
  • Supply chains rely on components sourced from various countries, rendering it efficient but vulnerable to disruptions such as the COVID-19 pandemic.
  • Most trade still exists within regional boundaries.
  • The rise of nationalism is linked to psychological factors like stress, fear, and resource scarcity
  • Communication Advances: Advances in technology, such as social media and cheaper global communication, have reshaped family dynamics and global connections.
  • The rise of globalization, much economic activity remains localized or regionalized.

Key Issues And Implications

  • Privatization terms can disproportionately harm less powerful nations.
  • The global labor market often benefits wealthier nations
  • In the manufacturing sector, workers now face more uncertainty and need to adapt to rapidly changing industries.
  • Rise of nationalism, can be seen as a reaction to the perceived threats posed by globalization, such as cultural dilution or economic dependence on other countries.
  • Global Supply Chain: disruptions can cause ripple effects, leading to shortages and higher costs.

Globalization Chapter 2 Notes’

Introduction to Globalization and Debates

  • Globalization is accelerated in scope and speed.
  • Major debates:
    • Do Transnational Corporations (TNCs) controlled by nation-states?
    • Does globalization enhance democracy?
    • Is Western culture homogenizing the world?
    • is local identity redundant?
    • Who's benefits and who suffers.
  • Key questions:
    • Does Globalization ensure security?
    • Does Globalization make the wealth gap bigger?
    • Dose it benefit workers?

Reading 1: Globalisation by Anthony Giddens

  • Globalization impacts all aspects of life.
  • Skeptics v Radicals:
    • Skeptics - globalization is hyped up.
    • Radicals- Globalization erodes national sovereignty
  • Key Characteristics:
    • Increased global financial Transactions.
    • Shapes cultural expertise.
  • Contradictions:
    • Revival of local identities with globalizing.
  • Challenges:
    • Inequality between the global South and North presists.
    • Environmental risk and exploitation.
  • Key Argument: Globalization reshapes a "global cosmopolitan society"

Reading 2: The World is Flat by Thomas L. Friedman

  • Main Thesis: The world is "flattening" due to collaboration driven.
  • Globalization 1.0 is Driven by countries' power.
  • Globalization 2.0 is Multinational corporations are drivers.
  • Globalization 3.0 is Individuals through technology (internet, software, fiber optics).
  • Cheaper tech enables small companies to compete globally.
  • Opportunities for innovation and prosperity and terrorism interfering.
  • Concluding Globalization flattens and makes more complex.

Reading 3: Why the Worlds not flat by Pankaj Ghemawat

  • Main Argument: The world is far less globalized
  • All trades are less global (presumption of 10%)
  • National borders still dominate.
  • Low integration is still strong.
  • Levels are fragile/reversible.

Reading 4: Globalization and Its Specter by Jeremy Brecher, Tim Costello, and Brendan Smith

  • Perspective: Globalization is aggravates inequality.
  • Technology advance reduce barrens which can disrupt the traditional systems.
    • Promises of shared prosperity" ("raising all boats") are unfulfilled. -There is economic volatility.
  • Democracy influence is undermined.
  • Unsustainable exploration happens to the enviorment.

Chapter 2 Review Questions

  • Globalization facilitates economic growth etc, and increases inequality and exploits poor countroes.
  • Evaluation is Globalization should bring equality, and be benificial for economics.

Job Opportunities: various Globalization

  • Job Opportunities includes accessing markets.
  • Account are effected by booms.
  • Diseases has accelerated.
  • Easy accesses happens to streamings

"flat world": Non-Western Tech Hubs

  • The IT fields in china and India.
  • The remote outsourcing service is a factor.

Ghemawats Argument:

  • The world is not interconnected.
  • National has prioritized good trade.

Political shows resistance with global integration

  • Globalization is overstated..
  • Does not negate the impact.

Globalization Chapter 3 Notes

  • Migration is increased, becoming global.
  • Historical is long and goes back to human dispersal.
  • The modern tends include internall movement in global population.
  • There are segmented work forces for globalized workers.
  • Now a gender migration.
  • -40 million, can be exploitation.
  • Contributes to USA

Challenges and Policy

  • Global warming can displace many by 2050.
  • They are unclear climate change impacts.

Role:Globalization and Immigrant Rights

  • economic displacement demand more and more workers around the globe.

Immigrant Labor Dynamics

  • Immigrant workers deal with exploitation.

U.S. labor economy immigrants

  • it is dependable to take low paying works as immagrants and dispose of work if nessesary.

Debt and Vulnerability

  • There many high debts and crushing fees to control workers.

System Issues

  • there are programs for workers while allowing them to have the correct human tights.

Impact Mass Emigration :

  • Towns loose young strong able workers who all migrate.

dependency: US economy

  • remittances makes USA depend on the third market economy.

Accelerated Migration:

  • economic disparties and privatization benefit foriegng

Consequence for Mexican and latin communities

  • long communities have negative population growth Failures of Development Policy:
  • There is lots of bad infastructure.

Call of Change:

  • enable mexicnas to remain at home.

Regional Impacts:Move

  • droughts are going to become more common will more population migration.

Security Implications of Climate Migration

  • Climate change exaggerates existing vulnerabilities.

Policy Recommendation to Move

  • Response is limited or no sufficient.

Chapter 3 Reflection Questions:

  • Level Transnational migration shapes people and create more challenges.

Migrants:Borderline

  • Economic drive is good, there is also a higher level of economic drive.

Migration:

  • has more increase and is linked with globalization.

Theoretical Migration:

  • The pull and push is the driver of migration.
  • The decisions are more personal.

Network Theory:

  • Social network for self support in a better way

Chapter 3: Migration

  • The past of it has been a migration.
  • Its a big global double of migration in countries.

Dynamics

  • Feminization is most of the migrating.

climate: Change over the 2050

  • hot spots for the world.
  • Exploitation happens there and high low wages.

Instutional Theroy

  • Formal and Informal need to manage the work.
  • To manage it to its core.

Global Economy

  • flow for good services

US trade : Corporate shifting happens from us to other countries.

  • Union was forced when corporations reshaped the global economic institutions.

Key Concern:

  • the deregulating can cause instability with more government spending.
  • It is all connected the economical system to help people. This has many great impact.

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