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21 Cards in this Set

  • Front
  • Back
(a)A Complexprocess of Intergration and Interconnection

(b)Tendingtoward a “borderless world”


(c) And asingle global market, culture, Society, and political order

Globalization

encompasses trade liberalization and cultural homogenization.
supraterritoriality
Intensification of transnational flows:

Goods, Services, Labor, Capital & Challenges Economic Sovereignty

EconomicGlobalization
Diffusion of information, ideas, and images· Via Improved communications technology
CulturalGlobalization
Reduced ability of states to manage their ownaffairs & Enhanced importance of organizations abovestates
Political Globalization

Who said that Modern expansion is causing a restless Bourgeosie class?

Marx

What is an example of Deglobalization in history?

WWI and WWII

After WWI and WWII How did Globalization gradually re-emerge?

(a)Tradeliberalization

(b)Financialintegration


(c) USleadership of “free world”


(d)SovietUnion collapse 1991: Opens up in the east


(e)China: Nocollapse, but joins capitalism

Liberalism – Laissez-faire





Neoliberal Globalization
leave the economy to do what they do

Laissez-faire

(a)Deregulationof financial sector

(b)Sale ofincreasingly risky and poorly understood financial products


(c) US Housingcollapse


(d)Financialintegration diffuses effects

Global Capitalization crisis

What are some responses to the GLobal Capitalization crisis?

No coordinated global responses. National bank bailouts, Stimulus Programs,Protectionism, populism (trump)

(a)The spacewithin (The National, State/provincial, local)

(b)The Spacebeyond (Transnational regions, global order)


(c) Politicalinteractions across these levels

Multilevel governance
(a)Created byStates

(b)HoldingVeto power


(c) Capable ofwithdrawing at any time

Confederalism
Two distinct levels of government which:

(a)Divide thepowers of the government


(b)Sharesovereignty within the state


(AKA Self rule and Shared rule)

Federalism
Why Federation?

Covers a vast territory, Covers all classes, ethnicities and regional divisions, Goal is economic integration and resists the concentration of power at the centre. E.g. Germany

Name 3 Forms offederalism


Dual federalism

Cooperative Federalism: substantial interaction· Fiscal Federalism

What is canada, Confederal or federation?

ANSWER: Confederal ‘ Canada initially featured a strongcentral Government – But now: (a)Moredecentralized (b)Asymmetrical
Resides atthe centre, usually in a particular institution & All subnational Governments may be dissolved bythe central authority
Sovereignty
Middle position between states andglobalization. Largermarkets Butprotected against external rivals
Transnational Regionalism

Name the three forms of Regionalism

(a)Securityregionalism

(b)PoliticalRegionalism


(c) Economicregionalism