Presentation on theme: "Last Lecture: Globalization and Review Lecture 24: Thursday, 6 May 2010 J A Morrison 1."— Presentation transcript:
Last Lecture: Globalization and Review Lecture 24: Thursday, 6 May 2010 J A Morrison 1
Final Exam Submission – Plan to Submit by 10:00 PM on Friday, 14 May – Final Deadline: 10:30 PM on Friday, 14 May Do not be even a minute late! – Max Length: 1700 words (all inclusive) Format: – Q1 (400 words): Select 1 of several questions – Q2 (650 words): Everyone answers same question – Q3 (650 words): Select 1 of several questions – Silly Bonus (worth zero points) 2
The literal meaning of globalization is rendering things global. (OED) A more precise formulation would run: “fundamental changes in the spatial and temporal contours of social existence, according to which the significance of space or territory undergoes shifts in the face of a no less dramatic acceleration in the temporal structure of crucial forms of human activity.” (Stanford Encycl. of Philosophy) 7
Globalization, then, is really about the minimization of the (potential) significance of differences across space and the changes in life that follow as a result. 8
Barriers to Globalization Natural Barriers – Transportation and Communication Costs – Historical Legacies (e.g. trade networks) Contrived Barriers – Linguistic and Cultural Barriers – Politically-Imposed Restrictions (tariffs, &c.) These limits may be increased or decreased 9 The level of these limits determines the potential level of globalization, the extent of differences across space.
If the level of globalization may fluctuate, how has the level of globalization changed over time? 10
I. GLOBALIZATION 1.What is Globalization? 2.Globalization in Context 3.Implications of Globalization 11
Globalization encompasses more than just “economic” phenomena… But we typically use “economic” measures to determine the level of globalization. Specifically, we look at the amount of movement of: people, goods & services, and capital. 12
Two Eras of Globalization Two Eras – 1 st Age: Mid-19 th Century to 1914 – 2 nd Age: 1945 to Present Similar Causes – Revolutions in transportation & communication – Commitment by states to decrease impediments 13
When was Globalization Greatest? It depends on the measure! Trade: Share of Exports in World Output – Peaked in 1913 – This point was not surpassed until 1970 Capital: Flows relative to National Income – Level of integration still has not reached the levels achieved among developed countries between 1870 and 1913 14 Grieco & Ikenberry. State Power & World Markets. pp 5, 217.
I. GLOBALIZATION 1.What is Globalization? 2.Globalization in Context 3.Implications of Globalization 15
Globalization has implications for social, political, and economic outcomes. (We’re particularly interested in the latter two.) 16
The Social Implications The Division of Labor in Society (1893) Globalization affects social organization Mechanical Solidarity: bonds forced by proximity – E.g. members of same tribes Organic Solidarity: bonds developed by interdependence – E.g. individuals with similar internal characteristics 17 Émile Durkheim
Political Implications Reorganization of the International System – Non-state actors (MNCs, NGOs, &c) become major players in IP – Changes in distribution of power Changes in Accountability – States respond to different groups than do MNCs or NGOs 18
Economic Implications Development: Does globalization make the pie bigger? Distribution: Who enjoys the gains brought by globalization? – Developed countries? – Developing countries? – MNCs? – Consumers? 19
Discussion Questions Asymmetric Violence – When is asymmetric violence justified? – Can we fight a war on terror? – Who is our enemy? – How does Mumbai fit into things? Globalization – Is globalization good or bad? – How should we regulate it? 31
Evaluations Fill in circle completely Use blue or black ink Please share your thoughts! Thank you! 32
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