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The Contemporary World > Unit 1&2 - Structures of Globalization > Flashcards

Unit 1&2 - Structures of Globalization Flashcards

1
Q

Is a process of expanding various sociocultural and socioecological process from national to international and transcultural level

(Al-Rodhan, 2006)

A

globalization

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2
Q

is a measurement of flows and interconnections of a country to other global players through exchanges in trade, capital, people, and information

(Altman, 2018)

A

global connected index (GCI)

(GCI)

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3
Q

worlds most globally connected country

A

Netherlands

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4
Q

worlds most highly globally connected country

A

Europe

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5
Q

is seen as the process that focuses on the movement of trade, capital, and ideas

A

globalization

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6
Q

where almost half of the worlds extremely poor population lives ($1.90/day)

A

Sub-Saharan Africa

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7
Q

This index measures the flow of trade, capital, information, and people across countries

A

global connectedness index (GCI)

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8
Q

Mainly conceptualized as intensified transference or exchange of things across existing borders

A

globalization

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9
Q

An idea of prescribed path to attain development through certain set of activities, according to a defined vision

(Datu Kaylo Buluman, a Manobo leader)

A

development paradigms

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10
Q

is a complex global process of expanding the market economic system all throughout the world

A

economic globalization

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11
Q

The economic system that gives freedom to entrepreneurs to control productive process to pursue profit

A

market economy

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12
Q

are money lent to foreign businesses or governments

A

commercial loans

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13
Q

can be categorized as commercial loan, official loans, or foreign direct investment

A

foreign investment

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14
Q

refer to development aid or money granted by rich countries to developing nations

A

official flows

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15
Q

buying or putting up a firm in a foreign country or contributing to the enhancement of an existing firm

A

Foreign direct investment

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16
Q

business that operate in more than one country, preliminary undertake foreign direct investment

A

Transitional corporations

Apple, nestle, nike, amazon

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17
Q

refers to increasing “contact between people and their cultures-their ideas, values, ways of life”

A

Cultural globalization

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18
Q

enlargement of international political system and its establishments, where inter-regional dealings, including trade, are managed

A

Political globalization

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19
Q

usually happens between national political spheres in political globalization

A

conventional politics

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20
Q

Facilitate investment of capital for member countries. Funds large scale projects by providing loans for member countries

established during bretton woods conference in 1944

A

world bank

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21
Q

Provides short term emergency loans

A

International Monetary Fund (IMF)

22
Q

Help bring enormous flow of foreign money through loans and speculative invesment

A

International Monetary Fund (IMF)

23
Q

Create rules for global trade and investment/
Aim to reduce tariffs/
Create agreements for member countries regarding multilateral policies/
Encourages countries to deregulate economies

A

World Trade Organization (WTO)

24
Q

Is met with disapproval from different groups such as labor organizations, environmental groups, and even consumer groups.
Lessens governments control over businesses

A

Economic deregulation

25
Q

Expansion of national economies, the global market driven by modern technologies and institutional set ups that promotes faster and easier flow of goods and capital

A

Economic globalization

26
Q

Denotes that the economies of various countries are more interconnected from extraction, production, distribution, consumption, to disposal of goods and services

A

Global economy

27
Q

Are global financial institution that supports a country’s economic growth through support to governments and now other private sectors

A

International financial institution

28
Q

International organization with 183 member countries that promotes international monetary cooperation and exchange stability to foster economic growth

A

International monetary fund

29
Q

A system of non government institutions that operate across geographical borders for a common issue or cause

A

Global city society

30
Q

is an “enterprise that engages in activities which add value in more than one country”

A

Global corporation

31
Q

is based the theory of Wallerstein that recognizes that social and economic change is not only endogenous to a country, but is affected by its interaction to exogenous institutions, thus focus on world systems

A

World system

32
Q

process of combining or increasing the interconnectivity of national economies to the regional or global economies

A

Economic integration

33
Q

is driven by “growing scale of cross-border trade of commodities and services”

A

Economic globalization

34
Q

separate production operation are functionally related to each other and form a unified product

A

Economic integration

35
Q

Group of nations that serves as an advisory organization that discuss current economic and political problems

A

G8 and G20

35
Q

Composed of individuals or groups disadvantaged by the effects of globalization of the world economy, they protest or seek alternative while on the other hand, global social movement constituting a basis for an alternative to a new world order

A

Global civil society

36
Q

Is an institutional arrangement of governance that addresses regional or globalized issue that go beyond the scope of a nation-state

A

Global interstate system

37
Q

puts emphasis on diversity and celebrates multiculturalism, while globalism focuses on economic aspect of changes

A

Internationalism

38
Q

System of unequally powerful and competing states in which no single state is capable of imposing control on all others

A

Interstate system

39
Q

Defined as political, economic, and cultural cooperation between nations

A

Internationalism

40
Q

Is an ideology based on belief that flow of people, goods, and information should flow freely across national borders

A

Globalism

41
Q

is a process by which economies are becoming more independent and interconnected in terms of commodity flows including externalities and spillover impacts

A

Market integration

42
Q

are institutions that provide support through loans or grants to promote a country’s economic development

A

International financial institutions

43
Q

private institutions that produce or manufacture goods, products, and services for a more expanded market at the reach of regions

A

Corporations

44
Q

collective efforts to identify, understand, and address worldwide problems that go beyond the problem-solving capacities of states

A

Global governance

45
Q

is an IGO designed to make the enforcement of international law, security, human rights, economic development easier for countries around the world

A

United nations

46
Q

is the main decision making and representative assembly and is responsible for upholding the principles of UN through its policies. Composed of all member states headed by a president elected by member states

A

The UN general assembly

47
Q

Authorizes the deployment of UN member state’s military

A

The UN security council

48
Q

can settle, according to international law, legal disputes between states and give opinions on legal questions brought to it by UN organs and agencies

A

The international court justice

49
Q

assist the UN general assembly in promoting economic and social development, as well as cooperation of member states

A

The economic and social council

50
Q

headed by the secretary-general, provides studies, information, and other dates when needed by other UN branches for their meeting

A

The secretariat

51
Q
A

The Contemporary World (6 decks)

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