Globalisation Flashcards
1
Q
Globalisation?
A
- Globalisation is a multidimensional concept.
- It has
political, economic and cultural
manifestations, and these must be
adequately distinguished.
2
Q
causes og globalisation :
A
- improved communication
- world could have
an impact on another part of the
world.[The Bird flu or tsunami
is not confined to any particular
nation.]
3
Q
POLITICAL CONSEQUENCES
A
- globalisation results in an erosion
of state capacity, that is, the
ability of government to do what
they do. - The entry and the
increased role of multinational
companies all over the world leads
to a reduction in the capacity of
governments to take decisions on
their own. - The
state continues to discharge its
essential functions (law and order,
national security) and consciously
withdraws from certain domains
from which it wishes to. States
continue to be important.
4
Q
ECONOMIC CONSEQUENCES:
A
- narrower terms: international institutions like
the IMF and the WTO and the role
they play in determining economic
policies across the world. - globalisation usually involves
greater economic flows among
different countries of the world.
5
Q
“halt to forced economic
globalisation”
A
- Many
movements all over the world feel
that safety nets are insufficient or
unworkable. - lead to economic ruin for the
weaker countries, especially for
the poor within these countries
6
Q
cultural homogenisation
A
- Thus, the culture of the
politically and economically
dominant society leaves its
imprint on a less powerful society,
and the world begins to look more
like the dominant power wishes
it to be.
7
Q
INDIA AND GLOBALISATION
A
- In 1991, responding to a
financial crisis and to the desire
for higher rates of economic
growth, India embarked on a
programme of economic reforms
that has sought increasingly to
de-regulate various sectors including
trade and foreign investment.
8
Q
In ……….., at the World Trade
Organisation (WTO) Ministerial
Meeting there were widespread protests at Seattle alleging unfair
trading practices by the
economically powerful states.
A
1999
9
Q
World Social Forum (WSF)
A
- another global platform, which
brings together a wide coalition
composed of human rights
activists, environmentalists,
labour, youth and women activists
opposed to neo-liberal globalisation.
10
Q
The first WSF meeting was
organised in ……….
A
Porto Alegre, Brazil
in 2001.
11
Q
The fourth WSF meeting
was held in………… The
seventh WSF meeting was held in
Nairobi, ……..
A
Mumbai in 2004
Kenya in January 2007.
