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50 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Process of Interconnection |
Globalization |
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_________ integration of all countries in the whole world |
Borderless |
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move as one |
integration |
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modern world |
contemporary |
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Dimensions of Globalization |
Ethnoscapes Technoscapes Mediascapes Financescapes Ideoscapes |
scapes |
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movement of people / cultural flow |
Ethnoscapes |
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movement of technology |
Technoscapes |
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movement of information |
Mediascapes |
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movement of money & commodities |
Financescapes |
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movement of ideas |
Ideoscapes |
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Enumerate Globalization as an IDEOLOGY |
1. about liberalization & global integration of markets 2. inevitable & irreversible 3. Nobody is in-charge of globalization 4. It benefits everyone 5. spread democracy in the world |
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Types of Globalization |
Economic Military Cultural Ecological Political Technological Geographical |
7 types |
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Attributes of Globalization |
1. various forms of connectivity 2. expansion of social relations 3. intensifies & accelerates changes & activities 4. occurs worldwide |
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Dimensions of a globalized economy |
globalization of trade of goods & services globalization of financial & capital markets globalization of technology & communication globalization of production |
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Agents of economic globalization |
nation state global corporations international monetary system |
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IMS |
International Monetary System |
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establishes laws, mediator/manager of economy/economic globalization |
Nation-state |
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currency based on gold |
gold standard |
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US dollars was the only convertible currency |
Bretton Woods System |
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uses Euro as currency exchange |
European Monetary System |
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intergovernmental financial institutions |
world bank international monetary fund regional development banks |
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2 regional development banks |
asian development bank african development bank |
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financial institutions where it ends extreme poverty and loan with interest |
world bank |
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2 types of financial institutions |
Private and Intergovernmental financial institutions |
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2 types of private financial institutions |
Citigroup Merril Lynch |
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largest financial institutions |
citigroup |
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Wealth management division of bank of america |
Merril Lynch |
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Types of global corporations |
International Companies Multinational companies Global Companies Transnational Companies |
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Attributes of Global Corporations |
agent of economic development economic prominence powerful entity that can cause crisis |
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date when UN established |
October 24, 1945 |
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type of corporations that import/export (no investment) |
international companies |
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type of corporations that invest but have no coordinated product in each country and doesn't enter in the local market |
multinational companies |
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type of corporations where investment is present in many countries |
global companies |
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type of global corporations that have investment in foreign operations |
transnational companies |
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Organs of United Nations |
General Assembly Security Council Economic and Social Council Trusteeship Council International Court of Justice Secretariat |
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central, deliberative, where every member of each state has representation |
General Assembly |
organs |
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serve peace & security |
security council |
organs |
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main cooperation, policy review, policy dialogue, social, economical & environmental issue |
economic social council |
organs |
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international oversight |
trusteeship council |
organs |
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11 trust territories |
western samoa tanganyika rwanda-urundi british cameroon french cameroon togoland (british) togoland (french) new guinea nauru italian somaliland strategic trust territory of the pacific islands |
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human rights, humanity |
international court of justice |
organs |
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execute daily activities assigned by 5 organs |
secretariat |
organs |
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effects of globalization to nation-states |
1. impose a forced choice upon nation-states 2. establishment of economics and political integrations 3. establishment of international laws and principle 4. rise of transnational activism 5. creation of new communication networks |
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2 types of internationalism |
liberalist internationalism socialist internationalism |
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EU |
European Union |
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ASEAN |
Association of South East Asian Nations |
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WTO |
World Trade Organization |
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OPEC |
Organization of Petroleum Exporting Countries |
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NATO |
North-Atlantic Treaty Organization |
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international cooperation and borders |
United Nations (UN) |
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