Podcast
Questions and Answers
What is globalization often described as relating to economies, cultures and populations?
What is globalization often described as relating to economies, cultures and populations?
- Stagnant relationships
- Rising independence
- Growing interdependence (correct)
- Decreasing insularity
Which of the following is directly facilitated by the opening of international borders, according to the World Health Organization's definition of globalization?
Which of the following is directly facilitated by the opening of international borders, according to the World Health Organization's definition of globalization?
- Slower movement of goods
- Decreased international cooperation
- Faster flows of goods, services, finance, people and ideas (correct)
- Reduced cultural exchange
What is a key component of globalization as it relates to industrial and service activities?
What is a key component of globalization as it relates to industrial and service activities?
- Nationalization
- Geographic dispersion (correct)
- Regional containment
- Geographic concentration
According to Anthony Giddens, what does globalization intensify?
According to Anthony Giddens, what does globalization intensify?
What do 'rejectionists' scholars believe about the term 'globalization'?
What do 'rejectionists' scholars believe about the term 'globalization'?
Which region does Horster Thompson argue the world economy is concentrated in, according to the 'skeptics' view?
Which region does Horster Thompson argue the world economy is concentrated in, according to the 'skeptics' view?
What do modifiers argue about globalization?
What do modifiers argue about globalization?
What do Neomarxist scholars argue is often neglected in criticisms of globalization?
What do Neomarxist scholars argue is often neglected in criticisms of globalization?
Which concept describes the reduction in the importance of geography and time due to technological advancements?
Which concept describes the reduction in the importance of geography and time due to technological advancements?
What term describes the unrestricted movement of money, people and ideas across borders?
What term describes the unrestricted movement of money, people and ideas across borders?
Which of the following is considered a potential negative aspect of globalization?
Which of the following is considered a potential negative aspect of globalization?
What is one definition involving joint ventures and sharing assets for companies?
What is one definition involving joint ventures and sharing assets for companies?
Which of the following describes the growing trade in goods and services across borders?
Which of the following describes the growing trade in goods and services across borders?
What does the concept of Globalization entail?
What does the concept of Globalization entail?
Flashcards
Globalization (OECD Definition)
Globalization (OECD Definition)
The geographic dispersion of industrial and service activities, sourcing of inputs, production, distribution, and cross-border networking.
Globalization (Peterson Institute Definition)
Globalization (Peterson Institute Definition)
The growing interdependence of the world's economies, cultures, and populations through cross-border trade in goods, services, tech and investment.
Globalization (WHO Definition)
Globalization (WHO Definition)
Increased interconnectedness and interdependence of peoples and countries via fast flows of goods, services, finance, people and ideas.
Globalization (Anthony Giddens Definition)
Globalization (Anthony Giddens Definition)
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Rejectionists
Rejectionists
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Skeptics of Globalization
Skeptics of Globalization
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Modifiers of Globalization
Modifiers of Globalization
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Impact of Anglo-American Ideas
Impact of Anglo-American Ideas
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Flow of Capital, People and Ideas
Flow of Capital, People and Ideas
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Study Notes
- A concept map activity prompts you to consider what words come to mind when you hear the word "globalization."
- You're asked to compare your answers with classmates to identify similarities, differences, and common responses.
The concept of globalization
- Globalization is defined as the geographic dispersion of industrial and service activities, including research and development, sourcing of inputs, production, distribution, and cross-border networking.
- According to The Peterson Institute for International Economics, globalization describes the growing interdependence of the world's economies, cultures, and populations through cross-border trade in goods, services, technology, and flows of investment, people, and information.
- The World Health Organization defines globalization as the increased interconnectedness and interdependence of peoples and countries.
- It discusses the opening of international borders to flows of goods, services, finance, people, and ideas, and changes in national and international policies.
- Globalization can have both positive and negative effects on development and health.
- Anthony Giddens defines globalization as the intensification of worldwide social relations that link distant localities.
- Local events are shaped by happenings far away and vice versa, illustrating a dialectical process.
- Local transformation and the extension of social connections are both parts of globalization.
Common concepts to define globalization
- Global dominance of Anglo-American ideas
- Fragmented
- Uneven
- Incomplete
- Contradictory set of ideas
- Time-Space Compression
- Increased global interconnectedness
- Unimpeded flow of capital, people, and ideas beyond borders
Globalization as Globaloney
- Some scholars find the term "globalization" imprecise and divide into three camps.
Arguments to globalization
- Rejectionists dismiss the term "globalization" as vague, comparing it to nationalism or calling it a vacuous term.
- Craig Calhoun argues the concept is vague and as complex as nationalism.
- Susan Strange describes it as a vacuous term, encompassing everything from the internet to a hamburger.
- Linda Meiss refers to globalization as a big idea resting on slim foundations.
- Some propose abandoning metatheory for middle-range theory or combining social-scientific and interpretive approaches.
- Skeptics emphasize the limited nature of globalization, noting its concentration in Europe, Eastern Asia, and North America.
- Horster Thompson argues that the world economy is not global because it is only concentrated in Europe, Eastern Asia, and North America.
- Economic activities are seen as largely national in origin.
- Modifiers argue that globalization is historically imprecise and that globalizing tendencies align with modernization.
- Wallerstein argues that globalization is driven by economic forces and it is nothing new.
- Neomarxist and New World System scholars criticize the focus on quantitative analyses (economic) and neglect qualitative shifts in social and political relations.
- An application prompts consideration of globalization's significance to a specific major/field or future profession.
Activity
- An activity asks to write your own definition of globalization
- Why did you come up with this definition?
- What do you think is the most important aspect to consider when trying to understand the concept of globalization?
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