Contemporary World
Contemporary World
Contemporary World
It is important because of the advent of technology which is a factor that affects social interaction.
Studying the outside world is a cure to parochialism or an outlook that is limited to one’s
immediate community.
It is important to study the world because it can teach you more about yourself and knowing other
countries teaches you to compare your country with others.
You need to study the world because you will be interacting with it.
By teaching about the world, this course aims to stretch the student’s limit and outlook.
Globalization
interdependence of the world economies, cultures, and populations brought about by cross border
trade in goods and services, technology, and flows of investment, people and investment.
Global flow
these are creating new degrees of connectedness among economies and playing an ever-larger
role in determining the fate or destiny of one’s nation, companies and individual.
Examples of Globalization
- The oldest known international trade road was the Silk Road. A network of pathways in the
ancient world that span from China and what is now the Middle East and is now called Europe.
The Silk Road earned its name from Chinese silk, a highly valued commodity that merchants
transported along these trade networks.
Galleon Trade
- Connected Manila and Acapulco, Mexico. The first time where Americas were directly connected
to Asian trading routes.
Breton-Woods System
- The Bretton Woods Agreement and System created a collective international currency exchange
regime that lasted from the mid-1940s to the early 1970s. The Bretton Woods System required a
currency peg to the U.S. dollar which was in turn pegged to the price of gold.
- It established the rules for commercial and financial relations among the US, Canada, Western
European countries, Australia, and Japan after the 1944 Breton-Woods Agreement. Breton-
Woods was a place where they had the meeting.
- This controlled the value of money between different countries.
5 key elements of the Breton-Woods System:
1. It is the expression of currency in terms of gold or gold value to establish a par value.
2. The official monetary authority in each country would agree to exchange its own currency for
those of other countries at the established exchange - rate plus or minus one percent margin—in
terms of gold.
3. The establishment of an overseer help the establishment for those exchange rates. (The
International Monetary Fund monitored exchange rates and helped countries whose currency
threatened to fall lower in real value than its official exchange rate. It was used to help support
currency and keep the official value and real value of currency in line.)
4. Eliminates restrictions on the currencies of members in the international trade.
5. The US dollar became the global currency.
After Bretton Woods, each member agreed to redeem its currency for U.S. dollars, not gold. The dollar
had now become a substitute for gold. As a result, the value of the dollar began to increase relative to
other currencies.
Global politics
1. There are countries or states that are independent and govern themselves.
2. These countries interact with each other through diplomacy.
3. There are international organization like the UN that facilitate their interactions.
4. Beyond simply facilitating meetings between states, international organizations also take on lives
of their own.
Nation-state is one where the great majority are conscious of a common identity and share the
same culture, but is composed of two non-interchangeable terms. Not all states are nation and
not all nations are states.
4 Attributes of State:
Benedict Anderson
Other definitions:
A nation is limited because it does not go beyond the boundary, and rights and responsibilities are a
privilege.
Interstate System:
The concept of sovereignty can be traced back to the Treaty of Westphalia which was a set of
agreements signed in 1648. Taken 30 years: war between the major continental wars of Europe.
The Westphalia system provided stability for the nations of Europe until faced by Napoleon Bonaparte.
Napoleon’s principle are liberty, equality, and fraternity and also challenged the King’s nobility and
religion in Europe. The Napoleonic wars lasted from 1803 to 1815 with Napoleon and his armies
marching all over much of Europe. This system shocked monarchies.
Hereditary elites – group of persons by virtue of the position or education who exercise much power or
influence.
Anglo and Prussian Armies – Armies that defeated Napoleon in the Battle of Waterloo in 1815. Ending
the latter’s mission to spread across Europe. (12 years of reign of Napoleon).
To prevent war, the royal powers created a new system that in effect the Westphalia system. The concert
of Europe was an alliance of great powers comprised of: The United Kingdom, Austria, Russia,
Prussia
The mission of this Great Alliance is to restore the world of monarchical hereditary and religious
privileges of the time before the French revolution and the Napoleonic Wars.
Internationalism:
A system of heightened interaction between various sovereign states particularly the desire for
greater cooperation and unity among states and people.
2 categories of Internationalism:
Liberal Internationalism – first major thinker of liberal internationalism was the late 18 th
century German philosopher, Emmanuel Kant. It is a cluster of ideas derived from the belief that
international progress is possible where progress is defined as movement towards increasing level
of harmonious cooperation between political communities.
Socialist Internationalism – It is possible to build a better world based upon the twin goals of
equality and social justice. Nations should work together to create a more peaceful world and
finally bring an end to capitalize exploitation. A person of Karl Marx was communism’s most
zealous intellectual advocate of communism. His comprehensive writing on the subject lead the
foundation for later political leaders notably, Lenin and Mao Chittum, to impart communism in
more than 20 countries. Marx and his co-author, Fredrick Engels, believe that the socialist
revolution was seeking to overthrow state and the economy. The socialist international during this
time was a union of a European socialist and labor parties established in Paris in 1889 and
collapsed during the World War I. In the Russian revolution, Nicholas Caesar II was overthrown
and was replaced by the Bolshevik party and leader, Vladimir Lenin. The communist
international committee was established by Lenin and served as the central body all over the
world. Communist Information Bureau was established by Joseph Stalin. He helped direct the
various communist party that had taken power in Eastern Europe.
Global governance
1. States
Function: The state signs treaties and form organization in the process of legislating public
international law that govern interaction between states as opposed to say private companies.
International organization
Roles of IO:
Helping to shape the international agenda, mediating political bargaining, providing a place for
political initiatives, and acting as catalyst for coalition formation.
It defines the salient issues and decide which issues can be grouped.
Purpose of IO:
Promoting peace, fighting disease, building schools, and improving health care.
It also provides its member countries with a place where they can present their own point of view.
A type of non-governmental organization that is international ins scope and has outposts around
the world and deals with specific issues in many countries.
Intergovernmental Organization
This is composed primarily of sovereign states and other international organization they also
include International government organization or non-profit organization or multinational
organization.
1. Power of classification
- This is the IO being the legitimate source of information as such meanings, they can create and have
effects on various policies.
- They can create norms regarding the implementation and conceptualization of the development projects.
Impose global values and norms with the desire to shape practices by establishing, articulating norms that
defines acceptable and legitimate behavior.
United Nations
An international organization founded in 1945. It is currently made up of 193 member states. The
mission and work of the UN are guided by the purposes and principles contained in the founding
charter.
5. Secretariat
To carry out the day to day work of the UN as mandated by the GA and the organization’s other
principles.
In the late 1960, Salvador P. Lopez, became the chairman of the UN commission of human
rights.
In 2001, the US invaded Iraq. Claiming that Saddam Husain had weapons of mass destructions.
During that time, Russia, China, and France were not convinced regarding the claim of the United
States.
Issues of security
Military Intervention
Climate Change
Human Rights
Presence of Refugees
Atomic Energy