Globalization: An Introduction Flashcards
- refers to the increasing global relationships of culture, people and economic activity
- is the homogenization of people’s tastes and demand patterns around the world, due to increased access to communication of information about products and services as well as increased access to transportation of products and people across borders
globalization
argues that globalization stems, among other things, form basic human urge to seek better and more fulfilling life. This leads to trace the initial globalization of the human species
hardwired
argues that it is difficult to find a single point of origin, but the effort is largely irrelevant since the long have been cycles of globalization and it is those that are utmost importance, not particular phase or point of origin
cycles
agricultural and urban revolutions, migrations, increased trade, and ancient empires grew out of Eurasia
Eurasian Phase
Commercial revolutions commenced in the Greco-Roman world, West Asia and East Africa
Afro-Eurasian Phase
The world economy emerges alongside the caravan trade in the Middle East
Oriental Phase I
this improvements in productivity and technology emerged throughout East and South Asia, with increased urbanization and development of the silk routes
Oriental Phase II
Trade expanded across the Atlantic Ocean and into the Americas
Multicentric Phase
the Euro-Atlantic economy developed through industrialization and the colonial division of labor
Euro-Atlantic Phase
MNC’s and global value chains emerged throughout the US, Europe, and Japan and the Cold War Ended
20C Phase
A new geography of trade encompasses East Asia and the emerging economies, with a global rebalancing of power and economic flows
21C Phase
In Europe, important developments during this period were the sun-centered view of the universe, the beginnings of modern geography, and the spread of the Gregorian calendar
Germinal Phase
- Among the key developments in this period were the “crystallization of conceptions of formalized international relations,” a “more concrete conception of humankind,” and “[s]harp increases in conventions and agencies concerned with international and
transnational regulation and communication” (1990:26).
Incipient Phase
- Among the key developments in this period were the “[v]ery sharp increase in number and speed of global forms of communication. Rise of ecumenical
movement. Development of global competitions – e.g. Olympics, Nobel Prizes. Implementation of World Time and near-global adoption of Gregorian calendar. First World war. League of Nations” (1990: 27).
Take-Off Phase
*This period was characterized by war (WW II)
and disputes (Cold War) over the still fragile
globalization process. The UN was formed
during this period.
Struggle-for-hegemony phase