CONTEMP Flashcards

1
Q

What does it mean to other scholars?
for economist

A

they would look to changing patterns in international trade and commerce

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2
Q

What does it mean to other scholars?
•For historians

A

they would look if whether or not globalization is a modern phenomenon

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3
Q

•What does it mean to other scholars?
For political scientists,

A

they would focus on impact of the forces of globalization

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4
Q

•Globalization is brought about by changes in technology and the political, cultural, and economic aspects of human existence.

A
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5
Q

TIME: 1980
Agency/Domain:”Internationalization of the State”, INGO’s Keywords: Competitor states, post international politics, Global civil Society

A

political science

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6
Q

Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war has been central to the evolution of international relations.
who stated this?

A

robert gilpin

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7
Q

Birth of World Bank

A
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8
Q

Birth of World Bank

A

Jul 1944

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9
Q

Birth of International Monetary Fund

A

Dec. 1945)

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10
Q

Birth of General Agreement on Tariffs and Trade

A

oct. 1947

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11
Q

axis powers

A

Italy, Germany, and Japan

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12
Q

Allied powers

A

USA, UK, France, and USSR

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13
Q

grants long-term loans for the economic development of less developed countries and war-torn countries

A

THE WORLD BANK

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14
Q

two institutions of world bank

A

International Bank for
Reconstruction and Development (IBRD) - for middle and low-income countries
b. International Development Association (IDA)

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15
Q

IBRD STANDS FOR?

A

international Bank for revonstruction and development

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16
Q

IDA STANDS FOR?

A

INTERNATIONAL DEVELOPMENT ASSOCIATION

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17
Q

for middle and low-income countries
(bank)

A

International Bank for reconstruction and development

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18
Q

for lowest-income countries
(bank)

A

international development association

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19
Q

Globalization involves “broadening and deepening of interdependence among people and states”
who stated this?

A

theodore cohn

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20
Q

Defined economic globalization as “a process making the world economy an ‘organic system’ by extending transnational economic processes and economic relations to more and more countries by deepening the economic dependencies among them”
who stated this? Defined economic globalization as “a process making the world economy an ‘organic system’ by extending transnational economic processes and economic relations to more and more countries by deepening the economic dependencies among them”

A

tamas szentes

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21
Q

kapag mataas ang pera mas mataas ang huhulog
which orgs is this?

A

world bank and imf

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22
Q

World Bank and IMF: its money came from its members, they base it on their quota and economic position.

A
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23
Q

IMF was founded when?

A

1945

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24
Q

PURPOSE: promote global monetary cooperation and international financial stability
● Rates of currencies were related to gold and
U.S. Dollar ($)

A

imf

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25
Q

Provide short-term loans to prevent
devaluation and retain the state’s fixed exchange rate in instances of the temporary balance of payment deficits
● Prevents the devaluation of the money of countries (basis: gold and US dollar, as in 1945, babangon pa lang mundo sa giyera, kaya sa US)

A

imf

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26
Q

Most money comes from its members who contribute based on their size and economic position
● Does not matter if maunlad o hindi
● Short-term loans: dependent on the agreement of the country and that of the IMF (e.g., 5 years, 15 years, 20 years) depending on the capacity
of the state
○ 190 member countries
○ Total of 707 billion SDR or US $1 trillion
(Special Drawing Rights)

A

imf

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27
Q

Agreement to avoid trade wars by raising protectionist barriers - a strategy of a country to limit exports or imports products para hindi sumobra at hindi mag-hord ng produkto ang isang bansa, to provide opportunities for other countries who have the same products as well na i-export
what org

A

gatt
general agreement on tariffs and trade

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28
Q

reformed institution from gatt

A

world trade organization

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29
Q

differences of gatt and wto

A

in wto - agreements are permanenr
gatt - pagusapan lang

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30
Q

differences of gatt and wto in terms of members Agreement to avoid trade wars by raising protectionist barriers - a strategy of a country to limit exports or imports products para hindi sumobra at hindi mag-hord ng produkto ang isang bansa, to provide opportunities for other countries who have the same products as well na i-export

A
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31
Q

differences of gatt and wto in terms of membership

A

gatt - contracting parties
wto - member countries

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32
Q

gatt, It was less powerful, dispute settlement system was slow and less efficient and its ruling could be blocked
true or false

A

true

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33
Q

wto, It was less powerful, dispute settlement system was slow and less efficient and its ruling could be blocked
true or false

A

false

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34
Q

WTO is more powerful, mechanism faster and more efficient and difficult to block the rulings
true or false

A

true

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35
Q

Birth of world bank

A

july 1944

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36
Q

Birth of International monetary fund

A

dec. 1945

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37
Q

Birth of general agreement on tariffs and trade

A

oct 1947

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38
Q

how many countries are part of the brettwood conference?

A

44

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39
Q

Axis powers are?

A

Italy, germany and japan

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40
Q

allied powers are

A

usa
france
uk
ussr

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41
Q

who stated this, Globalization involves “broadening and deepening of interdependence among people and states”

A

Theodore cohn

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42
Q

who states this, Defined economic globalization as “a process making the world economy an ‘organic system’ by extending transnational economic processes and economic relations to more and more countries by deepening the economic dependencies among them”

A

Tamas Szentes

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43
Q

One of the factors for a country to become interdependent
True or false

A

True

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44
Q

grants long-term loans for the economic development of less developed countries and war-torn countries

What is stated?

A

The world bank

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45
Q

two institutions of World bank

A

It has two (2) institutions
a. International Bank for
Reconstruction and Development (IBRD) - for middle and low-income countries

b. International Development Association (IDA) - for lowest-income countries
■ Both has the power to provide loans
■ High-income countries are not allowed

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46
Q

what world bank institution, for middle and low-income countries

A

IBRD

International Bank for Reconstruction and Development

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47
Q

what world bank institution, for lowest-income countries

A

IDA

International Development Association

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48
Q

Three characteristics of The World Bank

A

IFC
International Finance Cooperation
MIGA
Multilateral Investment Guarantee Agency
ICSID
International Centre for Settlement of Investment Disputes

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49
Q

Three characteristics of The World Bank

A

IFC
International Finance Cooperation
MIGA
Multilateral Investment Guarantee Agency
ICSID
International Centre for Settlement of Investment Disputes

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50
Q

Intensification of worldwide social relations which link distance localities in such a way that local happenings are shaped by events occurring many miles away and vice versa.”

Who stated this?

A

Anthony Giddens

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51
Q

Globalization, “Refers both to the compression of the world and
the intensification of consciousness of the world as a whole.”
Who stated this

A

William Robinson

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52
Q

Globalization
“Compression of time and space annihilation of
distance”
who stated this?

A

David Harvey

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53
Q

Globalization, “A way of interaction and integration among people, companies, and governments.”

Who stated this?

A

Sunny Levin Institute

54
Q

Time: 1980
Agency: Internationalization of the State (participation of a country outside of its domestic isseus) — International Non-Government Organization
Keywords: Competitor states, Post International Politics, Global Civil Society

Whose definition of globalization is stated?

A

Political Science and International Relations

55
Q

Time 1980
Agency: IMF, World Bank
Keywords: Debt crisis, Structural adjustment policies
whose definition of globalization is stated?

A

Development studies

56
Q

Time: 1980
Agency: Space, Place
Keywords: Local Global Interaction, Glocalization.
*Glocalization: characteristic of globalization happening on a local level.

Whose definition of globalization is stated?

A

Geography

57
Q

Time: 1970
Agency: Multinational Corporations, technologies, banks, finance hedge funds Keywords: Global Corporations, World product, Global Value Chains, new economy, sovereign wealth funds

Whose definition of globalization is stated?

A

Economics

58
Q

Time: 1970
Agency: existence of film, media, advertising, ICT (time when technology surges) Keywords: Global village, Mcdonalization, Disneyfication, hybridization
*Best example of how globalization works is Mcdonalization (control, predictability, calculability, efficiency) because it adapts to the country its living in and adjusts the menu based on the country’s preference.

Whose definition of gloobalization is stated?

A

Cultural studies

59
Q

Time: 1950 Agency: Ethics
- Timeframe: post-world war 2 (1945) Keywords: Global problems, global ethics

Whose definition of globalization is stated?

A

Philosophy

60
Q

Time: 1800
Agency: Modernity
Keywords: Capitalism, Industrialism, Urbanization, Nation-states, Conquest of World Market

whose defintion of globalization?

A

Sociology

61
Q

Time: 1500
Agency: Modern Capitalism Keywords: Conquest of World Market
- When interacting from one place to another to
exchange goods, integration arises between
countries.
- They interact because of trade which leads to
globalization.

Whose definition of globalization is stated?

A

Political Economy

62
Q

Time: 3000 BCE (5000 years ago or before the common era)
Agency: population, movement trade, existence of
world religions
Keywords: the widening scale of global, cooperation, global flows

Whose definition of globalization is stated?

A

History, Historical anthropology

63
Q

Time: Beginning (from micrcoorganisms Agency: Integration of ecosystems Keywords: Evolution, Global Economy, Gaia

Whose definition of globalization is stated?

A

Biology, ecology or natural sciences

64
Q

Scholars would refer to it as ///////// — when globalization ends, we will attain this so-called globality which is the end point.

What is missing?

A

globality

65
Q

Who argued globalization through 6 core claims?

A

Manfred steger

66
Q

What are the 6 core claims of globalization

A
    1. Globalization is about liberation and global integration of markets.
  1. Globalization is inevitable and irreversible.
  2. ## Nobody is in charge of globalization.
  3. ## Globalization benefits everyone in the long run.
  4. ## Globalization furthers the spread of democracy in the world.
  5. Globalization requires a global war on terror.
67
Q

What kind of periphery?,, In between developed and developing
countries.

A

Semi- periphery

68
Q

What kind of periphery, Developing countries
● Provides cheap and raw materials as
they do not have the skills and technology yet to produce materials as good as the core countries.

A

Periphery

69
Q

People with different beliefs are integrated.
● Although it is idealistic because countries do not
just adapt or allow to adjust to different practices, traditions, and cultures of a different country.

What is stated?

A

Transnationality and Transnationalism

70
Q

Some globalization scholars say that culture has to be lessened or abandoned because it is a hindrance to globalization but actually, culture can adjust towards globalization.

WHat is stated?

A

Global Culture Paradigm

71
Q

Misconceptions of globalization

A

Internationalism
Internalization
Globalization
Globalization as liberalization
Globalization as universalization and westernalization

72
Q

How the states handles its own
what kind of sovereignity?

A

internal sovereignity

73
Q

affairs outside the state, what kind of sovereignity?

A

external sovereignity

74
Q

United nations was established ?

A

Oct. 24 1945 \

75
Q

Primary Organization for International Cooperation, Peace, and Security

What global governance is stated?

A

united nations

76
Q

The united nations was ——— before

A

League Nations

77
Q

Who established the United Nations?

A

allied powers

78
Q

What is the six principle organs of the UN?

A

The General Assembly
- Security Council
- Economic and Social Council
- Trusteeship Council
- International Court of Justice
- UN Secretariat

79
Q

Several of the meaning of globalization based on sociologist
true or false?

A

True

80
Q

Several meanings of globalization are based on anthropologist.

True or False?

A

False

81
Q

in globalization, they will look to changinf patterns in international and commerce.

A

Economics

82
Q

In globalization they would look at whether or not globalization is a modern phenomenon.

A

Historians

83
Q

who made the world systems paradigm

A

immanuel wallerstein

84
Q

this is the paradigm is the intraction of different countries around the world

A

World systems paradigm

85
Q

this is the paradigm , as globalization continues there will be more liberalized market producing more jobs.

A

Global capitalism paradigm

86
Q

compression of geographic space by means of faster transport and communication

A

space, time and globalization

87
Q

people with different beliefs are integrated

A

transnationality and transnationalism

88
Q

some globalization scholars say that culture has to be lessened or abandoned because it is a hindrance to globalization.

A

global culture paradigm

89
Q

Globalization involves the entirety of a country/ represented by government. Which misconception is stated?

A

Internationalism

90
Q

Process of increasing the enterprise of a certain local company in the international market. What misconception is stated?

A

Internalization

91
Q

The expansion of the client based of a local business or international market
● Results include increasing the influence of the enterprise of a local market and influencing globalization.
What misconception is stated?

A

internalization

92
Q

Process of integration of local markets into one global market.
what misconception

A

globalization

93
Q

what are the four elements of state?

A
  1. sovereignity
  2. people
  3. territory
  4. government
94
Q

PCA stands for?

A

Permanent Court of Arbitration

95
Q

ICC means

A

International Criminal Court

96
Q

Most potent organ of un

A

security council

97
Q

Primary Organization for International Cooperation, Peace, and Security

A

UN

98
Q

Authorizes force if they determine if a country is an
aggressor.

A

United Nations

99
Q

six principle organs of United Nations
T S E T I U

A

The General Assembly
Security council
Economic and social council
Trusteeship Council
International Court of Justice
UN Secretariat

100
Q

How many member states in UN?

A

193 member states

101
Q

Proovides questions, concerns aboout peace and security. what organ?

A

General assembly

102
Q

General assembly leaders

A

1 president
21 vice presidents
+ yearly elections

103
Q

Supervise all UN happenings, what organ?

A

General Assembly

104
Q

works with the general assembly, what organ?

A

UN Secretariat

105
Q

What is the UN secretariat head called?

A

Secretary General

106
Q

Secretary general term

A

5 yr term with 2 term limit

107
Q

Secretary general is voted on by the general assembly.

True or False?

A

True

108
Q

Secretary general is voted on by ECOSOC.

True or False?

A

False
Secretary general is voted on by general assembly

109
Q

Carries out day to day acts with other organs

A

UN Secretariat

110
Q

Advanced economic, social, and environmental dimensions of sustainable development. what organ

A

economic and social council

111
Q

Serves as a gateway to UN’s partnership with the rest of the world. what organ

A

economic and. social council

112
Q

economic and social council has how many elected members and with how many year term ?

A

Has 54 elected members by the General Assembly with a 3-year term. (only elects 18 countries)

113
Q

For a country to be elected in ECOSOC they have to /

A

have a high economy to provie economic opportunities to other countries

114
Q

● The principal organ that UN made for internalization supervision of trust territories that are under the Seven member states. what organ

A

trusteeship council

115
Q

When countries in the global south cooperate with each other for further development.

A

South- South Cooperation

116
Q

seven member states of the trusteeship council

A
  1. New Zealand
  2. United Kingdom
  3. Belgium
  4. France
  5. Austalia
  6. United States
  7. Italy
117
Q

Judicial organ and only caters UN members. what organ

A

International court of justice

118
Q

Settles legal disputes between states and provides advisory opinions on legal authorities. what organ

A

International court of justice

119
Q

How many are the judges and their terms in international court of justice?

A

15 judges with 9 year term

120
Q

Needs to file to WPS

A

Permanent Court of Arbitration

121
Q

Person to person

A

International Criminal Court

122
Q

Most potent organ to make legally binding resolutions.

A

security council

123
Q

Comprised of military states. what organ?

A

security council

124
Q

how many members in security council

A

15 members where 5 are granted permanent seats

125
Q

5 permanent seats of security council

A

People’s Republic of China
- France
- Great Britain
- Russia
- USA

126
Q

Non P5 are granted how many years in 1 term?

A

2 years

127
Q

Non P5 are granted how many years in 1 term?

A

2 years

128
Q

The power to determine state sovereignty as conditional, whether it is a threat of the peace, breach of the peace, or act of aggression. what organ?

A

security council

129
Q

UN don’t have militaries but peacekeeping forces known as ——— and ———

A

UN don’t have militaries but peacekeeping forces known as “Blue Helmets” and “Blue Berets”

130
Q

Previously third world countries but caught up to first world countries in terms of standards.

A

Newly Industrialized Countries

131
Q

What are the newly industrialized countries?

A

Singapore
Hongkong
South Korea
Taiwan