CONTEMPORARY Flashcards
SIX CORE CLAIMS OF GLOBALIZATION
- GLOBALIZATION IS ABOUT THE LIBERATION AND GLOBAL INTERGRATION OF MARKET
- GLOBALIZATION IS INNEVITABLE
- NOBODY IS IN CHARGE OF GLOBALISM
- GLOBALIZATION BENEFITS EVERYONE
- GLOBALIZATION FURTHERS THE SPREAD OF DEMOCRACY
- GLOBALIZATION REQUIRES A GLOBAL WAR ON TERROR
ECONOMIC GLOBALIZATION
- FINANCE AND TRADE
- INTERNATIONAL MONETARY FUND
- TRADE RELATIONS AND TRADE POLICIES
HISTORY OF GLOBALIZATION
- EARLY HISTORY
- MEDIEVAL
- PRE-MODERN TO MODERN PERIOD
- MODERN ERA
“SILK” CHINA TO WEST (VICE VERSA”
GAMIT/RELIGION - CULTURE
EARLY HISTORY
AGE OF DISCOVERY
MEDIEVAL
INDUSTRIAL REVOLUTION
FACTORIES DISCOVERY BY THOMAS COMMEN
PRE-MODERN TO MODERN PERIOD
FREE TRADE
MODERN ERA
MODERN CAPITALYST SYSTEM
- CORE
- SEMI PERIPHERY
- PERIPHERY
RICHEST AND MANUFACTURE
CORE
DEVELOPING COUNTRIES
SEMI PERIPHERY
POOR AND LEAST DEVELOPING COUNTRIES
PERIPHERY
INTERNATIONAL MONETARY SYSTEM
- THE GOLD STANDARD
- BRETTON WOOD SYSTEM
- EUROPEAN MONETARY INTERGRATION
NEGOTIATIONS THRU STATES
GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT)
NEGOTIATIONS THRU MNC/TNC
WORLD TRADE ORGANIZATION (WTO)
MARKET INTEGRATION
- FREE TRADE
- CUSTOMS UNION
- COMMON MARKET
- ECONOMIC UNION
- POLITICAL UNION
REDUCTION OF TARIFFS
FREE TRADE
COMMON EXTERNAL TARIFFS
CUSTOMS UNION
FREE MOVEMENT OF CAPITAL AND SERVICES
COMMON MARKET
NO BARRIES FOR INTERNAL TRADE, FREE MOVEMENT OF LABOR, HARMONIZED TAX RATES, COMMON MONETARY AND FISCAL POLICY: EU (PARTIAL)
ECONOMIC UNION
COMMON GOVERNMENT. HIGHEST LEVEL AND ISANG LEADER
POLITICAL UNION
3 BASIC DIMENSIONS OF HUMAN DEVELOPMENT
- A LONG AND HEALTHY LIVING
- KNOWLEDGE
- STANDARD OF LIVING
0.8 - 1.00
HIGH HDI
0.3
LOW HDI
HISTORICALLY REFERS TO NON-ALIGNED COUNTRIES AFTER WWII
3RD WORLD
