examine the differences between economic and political globalisation" (12) Flashcards

1
Q

1st differnce

A

P: economic globalisation refers is the process throough which the global economy becomes more clolsely connected through trade

E: bretton woods institutions drive forward economic globalisation by encouraging nation states to reduce tariffs and embrace global trade

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2
Q

2nd differnce

A

P: political globalisation refers to how states share power

E: the G7 allows the most economically powerful nations to come together to reslove collectively shared problems through ad hoc agreements

non govermental organisations such as human rights watch, save the children and friends of the earth also provide contribution to global dialogue

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3
Q

3rd differnce

A

P: economic globalisation refers to the adoption of liberal/neoclassical principles of trade

E: evidenced in washington consensus which promoted free market ideology

P: political globalisation is the establishment of rules of political and legal governance that states ough to obey

E:the UN responsibility to protect (2005) has established the principle that the sovereignty of a nation state is conditional upon it not abusing the rights of its citizens

icj posesses great moral authority - in 2002 the icj resolved a border dispute between nigeria and cameroon

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