Fundamentals to Globalization Flashcards
is a phenomenon with ancient roots
Globalism
2 special characteristics of Globalism
- Networks of connections (multiple relationships), not simply to single linkages
- Must include multicontinental distances, not simply regional networks
refers to ideas and information about power and governance
Political globalism
involves the spread of legal practices and institutions to various issues
Legal globalism
involves long distance flows of goods, services, and capital, and the information and perceptions that accompany market change
Economic globalism
refers to long distance networks of interdependence in which force, and the threats of promise of force are employed
Military globalism
refers to the long distance transport of materials in the atmosphere or oceans or of biological substances that affect human health and well-being
Environmental globalism
involves movements of ideas, information, and images, and of people
Social and cultural globalism
represents the global as something increasingly achieved, real, and manifest
Globality
is the process by which globalism becomes increasingly thick
Globalization
- only the “developed” parts of the world were influenced by historic globalization
- the Silk Trade in China before. Silk Road provide an economic and cultural link between ancient Europe and Asia, but the route was plied by a small group of hardy traders, and the goods that were traded back and forth had a direct impact primarily on a small (and relatively elite) stratum of consumers along the road.
Thin Globalization
Who called this phenomenon where only the “developed” parts of the world were influenced by historic globalization.
Keohane and Nye
- the spread of trade and many countries were evidently involved
- many interconnection plus intervention with other sectors.
- The operations of global financial markets today, affect the people from Peoria (city in Illinois, USA) to Penang (Malaysia). - involves many relationships that are intensive as well as extensive: long distance flows that are large and continuous, affecting the lives of many people.
Thick Globalization
- involves mutual dependence and cooperation. This means that what happens in one place usually has consequences elsewhere
- A political and economic situation in which two states are simultaneously dependent on each other for their well-being
Interdependence
3 dominant positions in the debate
Hyperglobalizers and transformalists
Weak globalizers
Skeptic and rejectionists