Ge107.introduction To The Study of Globalization

GE 107 - THE CONTEMPORARY WORLD
INTRODUCTION TO
THE STUDY OF
GLOBALIZATION
Jenelyn A. Bustillo, MBA
TOPICS
Definition of Globalizatio
The Globalization Debat
Historical Background of the Contemporary Globalizatio
Post-World War II and Cold Wa
Post-Cold War
e
GLOBALIZATION
"Globalization is variously defined as
“a multidimensional set of social processes that create,
multiply. stretch, and intensify worldwide social
interdependencies and exchanges" (Steger, 2003)
"The shrinkage of distance on a large scale. It can be

contrasted with localization, nationalization, or
regionalization" (Keohane & Nye, 2000)
:
GLOBALIZATION
"the international integration of markets of goods,
services, and capital" (Garrett, 2000)
"the intensification of worldwide social relations which

link distant localities in such a way that local happenings
are shaped by events occurring many miles away and
vice versa" (Giddens, 1990)
GLOBALIZATION
• About the liberalization and global

integration of marke
• Inevitable and irreversibl
• Nobody is in charge of i
• Benefits everyone in the long ru
• Furthers the spread of democracy in
the worl
• Requires a global war of terror
d
GLOBALIZATION
"The widening, deepening and speeding up

of global interconnected" such that events
and interactions in one place have growing
impact on people elsewhere.
GLOBALIZATION DEBATE
HYPERGLOBALIST SKEPTIC T R A N S F O R M AT I O N A L I S T
Globalization may not be entirely new but Dismisses the contention that contemporary Attempts to find a middle ground between
what it is new is how it has de-nationalized globalization makes the state irrelevant. hyperglobalist and skeptic claims
human affairs
HISTORICAL BACKGROUND OF
CONTEMPORARY
GLOBALIZATION
Globalization is at least a few

thousand years old.
A M A R T YA S E N , 2 0 0 2
GLOBOPHILIA
Perspective that affirms the benefits and necessity
of globalizatio
Role of markets and technology in bringing solution

to age-old problems such as poverty and conflicts.
GLOBOPHOBIA
Denies the need for globalizatio
Points out the adverse consequences of market-

driven interconnectedness on local economies,
cultures and environment
n
1. The 4th and 7th centuries which witnessed the globalization of

religions (Christianity, Islam
2. The late 15th century highlighted by European colonial conquest

3. The late 18th and early 19th centuries during which various intra-
European wars led to globalizatio
4. The mid-19th century to 1918; the heyday of European imperialis
5. Post-World War II perio
6. Post-Cold War Period
SIX GREAT EPOCHS,

OR “WAVES” OF
GLOBALIZATION
d
P O S T- W O R L D W A R & C O L D W A R
P R E - W O R L D WA R I I N T E RWA R P E R I O D
• Boost to economic, political and social
• Gold standard • Gold exchange standar globalizatio
• Galleon Trad • Great Depressio • Bretton Woods Conferenc
• Treaty of Westphali • • GAT
• Concert of Europe • IM
• World Ban
• WTO
F
COLD WAR
LIBERAL CAPITALISM
VS. COMMUNISM
• THE UNITED STATES VS. THE SOVIET UNIO

• The 'unipolar moment‘ refers to US primacy since
198
• The 'unipolar moment' is the position in which the
United States finds itself after the end of the cold war.
Although scholars debate whether multipolarity or
another international system is emerging, most
believe that the US is still a global hegemon.
9
COLD WAR
Explanations for the end of the cold war include: 
• Gorbachev and Reagan's leadership

• The relative economic strength of the United States
• The ideological attractiveness of Western democracy and capitalism.
There is no clear consensus on the causes of the cold war; all three
explanations have been advanced.
.
POST-COLD WAR
Explanations for the end of the cold war include: 
• Gorbachev and Reagan's leadership

• The relative economic strength of the United States
• The ideological attractiveness of Western democracy and
capitalism.
.
RECENT CHANGES
E M E R G E N C E O F T H E U N I T E D S TAT E S A S A
GLOBAL POWER IN THE FOLLOWING WORLD
WA R I
E M E R G E N C E O F M U LT I N AT I O N A L
C O R P O R AT I O N
DEMISE OF THE SOVIET UNION AND THE

E N D O F C O L D WA R
I

Ge107.introduction To The Study of Globalization

Uploaded by

Copyright:

Available Formats

Ge107.introduction To The Study of Globalization

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Ge107.introduction To The Study of Globalization

Uploaded by

Copyright:

Available Formats

GE 107 - THE CONTEMPORARY WORLD

"The shrinkage of distance on a large scale. It can be

"the intensification of worldwide social relations which

• About the liberalization and global

"The widening, deepening and speeding up

Globalization is at least a few

Role of markets and technology in bringing solution

Points out the adverse consequences of market-

1. The 4th and 7th centuries which witnessed the globalization of

2. The late 15th century highlighted by European colonial conquest

SIX GREAT EPOCHS,

• THE UNITED STATES VS. THE SOVIET UNIO

• Gorbachev and Reagan's leadership

Explanations for the end of the cold war include:

• Gorbachev and Reagan's leadership

DEMISE OF THE SOVIET UNION AND THE

You might also like