globalisation Flashcards
1
Q
what is globalisation
A
- economic process - caused by trade + investment
- growth of complex interdependence
- contraction of space + time - caused by tech advances
- exapnsion of universal culture - integration v exampoansion/fragmentation of liberal ideas
- political process
2
Q
interdependence
A
- Multiple channels between states and societies
- Absence of a dominant theme or agenda
- Decline in use of military force
- rarely interdependence between equals
3
Q
gloabalization + state
A
- gloablization in conflict with state as it influences:
- labor standards
- corporate tax competition
- health + safety standards
- industrial policies - export policies, tech adoption/copying
4
Q
political trilemma of world economy
A
- restrict democracy
- limit globalization
- globalize democracy
5
Q
brooks
A
Where and how multinational corporations (MNCs) organize their production activities is now the key organizing force in global commerce
6
Q
brooks cont’
A
- globalization of porduction brings peace
- benefits of conquest reduced
- less of current ecnomic production to be extracted
- knowledge economy
- high tech military cannot be produced in single country
