GLOBALIZATION a process by which increasing interdependence and communication between states and varying parts of the world lead to shared experiences and common identification of social issuesAims to remove bordersShared experiences and commonidentification of social issuesEmergence of interconnectedness (ourlives are increasingly shaped by events that occurand decisions that are made at a great distancefrom us)
HYPERGLOBALISTSIt is bringing about the demise of the sovereign nation-stateas global forces undermine the ability of governments to control their own economies and societies
SCEPTICSStates and geopolitics remain the principal agents and forces shaping world order
TRANSFROMATIONALIST Emergence of a conspicuously global politics in which the traditional distinction between domestic and international affairs is no longer very meaningful
INTERNATIONALIZATION REGIONALIZATION • Growing • Intensification of interdependence patterns of between states, the interconnectedness very idea of and integration internationalization among states that presumes that they have common remain discrete boarders or are national units with geographically clearly demo crated proximate, as in boarders European Union
MANIFESTATIONS Economic Political Social/Cultural
ECONOMIC MANIFESTATIONS Inter-nation trade and finance free trade (trade without barriers) Multinational corporations (MNC) and Foreign Direct Investments (FDI)DENATIONALIZATION DECAPITALIZATION• Government local • MNC’s generate jobs corporations can no and bring in dollars longer compete with • It goes back to their MNC’s home country
MMC AND FDI ADVANTAGES DISADVANTAGES More job offerings Benefit of bigger Help entrepreneurs countries Modernize the country Colonial mentality Internationally Local products are competitive neglected by local consumersMultinational corporations (MNC) and Foreign Direct Investments (FDI)
POLITICAL MANIFESTATIONSGlobalization questions the state-centric conception of world politicsState is the legal authority composedof different nations (West-phalia,1648)Elements of State (Sovereignty,Territory, People, Government)Nation involves the people who havethe same heritage or culture
NEW ACTORS ON THE WORLD STAGE NGO’S Non-governmental organizations (red cross, green peace) IGO’S Inter-governmental organizations(United Nations, World Bank)
GLOBAL POLITICS GLOBAL POLITYGLOBAL GOVERNANCE
SOCIAL/CULTURAL MANIFESTATIONSMigration“CNNization” – reflecting the power of new agencies to construct and disseminate news – thanks to satellite technology – competitors extend their reach to even the most recent news – dilemma biased on world affairsGlobalization of popular culture
IMPLICATIONSPOSITIVE NEGATIVE• World economy is • Asymmetrical interdependent globalization• Communications have technological divide fundamentally revolutionalized the way (New York to Africa) we deal with the world • Rise of Intra-state• Global culture so that more wars conflict within urban areas resemble one state borders another • New face of• The world is becoming homogeneous capitalism? (Tool of cosmopolitan culture is American Hegemony) developing (People are beginning to think globally)
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