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CPO2001 Ch.11

by: Anna Cappelli

CPO2001 Ch.11 CPO2001

Anna Cappelli
GPA 3.85

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About this Document

these notes cover the black book for Ch.11 globalization
Comparative Politics
Dr. Sebastian Elischer
Class Notes
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This 4 page Class Notes was uploaded by Anna Cappelli on Sunday April 10, 2016. The Class Notes belongs to CPO2001 at University of Florida taught by Dr. Sebastian Elischer in Spring 2016. Since its upload, it has received 40 views. For similar materials see Comparative Politics in Political Science at University of Florida.


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Date Created: 04/10/16
Sunday, April 10, 2016 Ch.11 Globalization & Future of comparative politics globalization is a process that creates intensive & extensive international connections, changing traditional relationships of time & space globalization has a number of potential implications for comparative politics due to thickening of connections between people across countries, globalization breaks down the distinction between international relations and domestic politics globalization can also work in the other direction, essentially “internationalizing” domestic issues and events globalization is associated with the growing power of a host of non state or supra-state entities — most can be grouped into 3 categories: multinational corporations (MNCs) - are firms that produce, distribute, and market goods and services in more than one country - wield profits/assets larger than GDPs and influence politics, economic developments, and social relations Microsoft, General Electric Nongovernmental Organizations (NGOs) - national & international groups, independent of any state, that pursue policy objectives & foster public participation Greenpeace, Red Cross Intergovernmental organizations (IGOs) - groups created by states to serve particular policy ends UN, EU, WTO political globalization globalized institutions complicate the ability of state to emanation sovereignty sometimes, states give it up intentionally - giving authority to IGOs to gain some benefit or alleviate some existing problem — EU is good example sometimes, unintentional - growth of the internet - important implications for states regarding legal authority in many traditional areas, since it does not readily conform to international boundaries or rules 1 Sunday, April 10, 2016 developments like electronic currency may further erode powers of states by undercutting their ability to print money, envy taxes, or regulate financial transactions argued also that globalization will change the nature of public participation & democracy some see political globalization as a source of dangerous fragmentation & weakened democracy violence will not lose its utility in the international system as optimists hope; it will simply change form globalized criminal organization & terrorists groups are good examples decentralized group empowered by globalized technology - cell phone, social media, etc. although deeper international connections may increase transparency, this does not necessarily lay out a mechanism that enables individual to act on that info economic globalization Bretton Woods System - economic regimes created in 1944 to manage international economic relations whose instability was commonly cited as a driving force behind the great depression and WWII — 3 important institutions emerged from this: (their objectives are to expand and manage economic relations between countries) International Monetary Fund (IMF) - helps manage exchange rates between countries and provide loans to states in financial difficulty World Bank- provides loans and technical assistance to advance development in less-developed countries General agreements on tariffs and trade which became the World Trade Organization (WTO) - overseas trade agreements between the member states to lower tariffs and remove other non tariff barriers observes point to several important facets of economic globalization the globalization of international trade — driven by one country’s advantage over another in producing a given good; it has become increasingly extensive and intensive, tying markets, producers, and labor together in a new way financial globalization is the integration of capital and financial markets -markets for money- around the world; banking and credit, stocks, etc. 2 Sunday, April 10, 2016 for optimists, economic globalization is the expansion of international economic connections making it possible to allocate goods and services. countries are able to export what they produce best, encouraging innovation, specialization, and lower costs others equate increased trade with increased dependence, arguing that trade creates conditions whereby some countries will gain monopoly control over particular goods vital in the international economy such as software, energy, etc. societal globalization societal globalization - traditional societal institutions are weakened, creating new identities that do not belong to any one community or nation some argue as globalization proceeds, aspect of individual and collective identity are giving away many find the internet particularly powerful in this regard (even where internet concentration is weak, cell phones expand) societal globalization engenders global multiculturalism; deepening of international connections and the exchange of ideas between people will transfer the dynamics of multiculturalism form the national to the international level one result: global cosmopolitanism - universal political order that draws its identity and values from everywhere parallel to global cosmopolitanism is the idea of globalized democracy when focusing on societal globalization and its effects on democracy - we return to our notion of civil society some are skeptical of the notion that increased globalization will benefit social progress some content that globalization overwhelms people with innumerable choices, values, ideas, and info that they are unable to understand, evaluate, or escape - especially those who are not part of the globalized elite a second criticism emphasizes not the reaction to societal globalization but rather its eventual outcome it will trigger cultural and intellectual decline societies will trade their own cultures, institutions, and ideas for a common global society shaped not by values or worldliness but by speed and consumption 3 Sunday, April 10, 2016 globalization can be limited or reversed in a number of ways - economic crisis many people’s concerns about how globalization might affect such things as environment, labor standard,s and democracy practices around the world are being translated into antiglobalization activism - aided by internet 4


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