(F) L10: Global City (Book-based) Flashcards
This time period serve as a hub for the closer relation of states and for a wider perspective in technological development
21st century
What made nations closer to each other?
Globalization
The three stages of globalization was given by whom?
Thomas Friedman and his book The World is Flat
What are the 3 stages of globalization?
Globalization 1.0
Globalization 2.0
Globalization 3. 0
When did Globalization 1.0 start and end?
1492 - 1800
This stage shrank the world from a size large to a size medium; known as the age of mercantilism and colonialism
Globalization 1.0
What were the driving forces of Globalization 1.0?
Workforce, horsepower, wind power, and steam power
The second stage of globalization is the age of what?
Pax Britannica
This is the stage of Pax Britannica when Great Britain was the hegemonic power in terms of trade and economy
Globalization 2.0
What was the hegemonic power in terms of trade and economy in Globalization 2.0?
Great Britain
What was the driving force of Globalization 2.0?
New institutions (particularly global markets and multinational corporations)
This stage occured during the seccond half of the 20th century
Globalization 3.0
What was the hegemonic power in terms of security, trade, and economy during Globalization 3.0?
US of America
The Globalization 3.0 is also referred to as what?
The age of Pax Americana
After the fall of the Societ Union in the 1980s, which country became the sole superpower in the so-called Unipolar World?
US of America
US became the sole superpower in the so-called Unipolar World after what?
After the fall of the Soviet Union in the 1980s
T or F: The present condition does not use tactics of force as primary strategy in maintaining one’s influence
True
This uses a different method to establish cooperation; arises from the attractiveness of a country’s culture, political ideals, and policies
Soft power
Who coined the term Soft power?
Joseph Nye
T or F: When these policies are deemed justifiable by other states, soft power is decreased
False (enhanced)
Shared values such as these are highly persuasive
Democracy, human rights, and individual opportunities
Which country has been employing its soft power in various ways?
US of America
There are how many driving forces in this global change according to Gore (2013)?
Six
They play a substantial role in the global economy and enjoy a multitude of privileges such as unquestionable access to vast amounts of wealth they draw from their income, etc.
MNCs
They are the centerpieces of the global community to the extent that MNCs threaten them
Nation-states
They are more flexible and independent in comparison to nation-states
MNCs
T or F: Nation-states play a pivotal role not only in the global economy but in the international political community as well
False (MNCs)
T or F: MNCs sustain themselves and considerably influence the members of the international community
False (Nation-states)
They tie together an otherwise politically separated and clouted world under an all-encompassing banter of commerce and economy
MNCs
These have the intrinsic capability to attract a target market regardless of geographical location and political ideology
Products and goods
They have the capability to erase and transcend the borders of the world
MNCs
This is an evidence of the world connectivity
Global city
This serves as a hub for production, finance, and telecommunication
Global city
Who outlined the different characteristics of globality that maintain its link to globalization?
Sassen (2005)
Enumerate some of the characteristics of Global City
(1) the cultural diversity of people
(2) existence of a center of economy
(3) geographic dispersal of economic activities that marks globalization
(4) global reach performance
The mentioned characteristics of global city are manifested in which cities?
New York, Tokyo, Singapore, and Seoul
According to the 2018 Global Cities Index, which country ranked the highest in terms of the general criteria i.e. business activity, human capital, information exchange, cultural experience, and political engagement
New York
New York is followed by which countries
London
Paris
Tokyo
Hong Kong
Refers to the conglomeration of cultures in a particular geographical setting
Global city
These cities were showcased as global cities that exhibit strength in innovation and strong performance in business activity and human capital, respectively in 2017 and 2018 by A.T. Kearney’s Global Cities report
San Francisco (2017)
New York (2018)
Global cities have been established through the development of what?
MNCs
They house industries that promote the globalization of markets
Global cities
T or F: The 20th century brought the countries together into global competition
False (21st)
Where is the EU headquarters situated?
Brussels
Where is the UN headquarters situated?
New York
Where is ADB located in the Philippines?
Mandaluyong
Where is the ASEAN headquarters located?
Jakarta (Indonesia)
Where is the WB headquarters located?
Washington, D.C., US
Where is the WTO headquarters located?
Geneva, Switzerland