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GEd 104: The Contemporary World
Lesson 2: The Structures of Globalization
3 The Global Interstate System
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THE GLOBAL INTERSTATE SYSTEM
It is the system of human interaction which it is
focused on the modern world system where the
competing and allying nations are structured
politically.
The belief that globalization imposes a forced choice upon states
either to conform to free market principles or run the risk of being
left behind is termed into a phrase called
“Golden Straitjacket”
by
Thomas Friedman
, a neoliberalism journalist and advocate, to
illustrate the forcing of states into policies that suit the preferences
of investment houses and corporate executives (Electronic Herd)
who swiftly move money and resources into countries favored as
adaptable to the demands of international business and withdraw
even more rapidly from countries deemed uncompetitive.
Neoliberalism
It is the intensification of the influence and
dominance of capital. It is the elevation of
capitalism as a mode of production into an
ethic, a set of political imperatives, and a
cultural logic. It is a project to strengthen,
restore, or, in some cases, constitute anew
the power of economic elites.
Economic Sovereignty
It is the power or national governments to
make decisions independently of those made
by other governments. ØIn a globalized
world economy, governments have no
alternative but to adopt neoliberal economic
policies of privatization, deregulations, and
reductions in public expenditures.
ECONOMIC INTEGRATION
It is a process and a means by which a group of countries strives to
increase their levels of welfare
It is an arrangement between different regions that often includes the
reduction or elimination of trade barriers, and the coordination of
monetary and fiscal policies.
SEVEN STAGES OF ECONOMIC INTEGRATION
Preferential trading area (PTA)
Happens when there is an agreement on
reducing or eliminating tariff barriers on
selected goods imported from other
members of the countries within the
geographical region or areas.
SEVEN STAGES OF ECONOMIC INTEGRATION
2.
Free trade area
Eliminate import tariffs as well as import
quotas between signatory countries.
These agreements can be limited to a
few sectors or can encompass all
aspects of international trade.
SEVEN STAGES OF ECONOMIC INTEGRATION
3.
Customs union
Removal of tariff barriers between
members, together with the acceptance of
a common or unified external tariff against
non-members. Single payment or duty is
made by countries exporting to customs
union. Goods inside the union can move
freely with no additional tariffs
SEVEN STAGES OF ECONOMIC INTEGRATION
4.
Common market
Removal of tariff barriers between
members, together with the acceptance of
a common or unified external tariff against
non- members is involved here. all barriers
are eliminated to allow the free movement
of goods, services, capital, and labor.
SEVEN STAGES OF ECONOMIC INTEGRATION
5.
Economic union
An agreement between two or more
nations to allow goods, services, money
and workers to move over borders
freely.
SEVEN STAGES OF ECONOMIC INTEGRATION
6.
Economic and monetary union
Involves a single economic market, a
common trade policy, a single currency
and a common monetary policy.
SEVEN STAGES OF ECONOMIC INTEGRATION
7.
Complete Economic Integration
Involved in complete economic
integration are single economic market, a
common trade policy, a single currency, a
common monetary policy, together with a
single fiscal policy, including common tax
and benefit rates or the complete
harmonization of all policies, rates, and
economic trade rules.
TRANSNATIONAL ACTIVISM
It is a social movements and other society organizations
and individuals operating across state borders. It also
refers to the the coordinated international campaigns on
the part of networks of activists against international
actors, other states, or international institutions.
SOCIAL MOVEMENT
A social movement is a type of group action.
It refers to the organizational structures and strategies that may empower
oppressed populations to mount effective challenges and resist the more
powerful and advantaged elites"
.
They are large, sometimes informal, groupings of individuals or organizations
which focus on specific political or social issues.
They carry out, resist, or undo a social change and provide a way of social
change from the bottom within nations
GLOBAL JUSTICE MOVEMENT
It describes the loose collection of individuals and groups often referred
to as a “movement of movements”, who advocate fair trade rules and
are negative to current institutions of global economics such as the
World Trade Organization.
It is a social and political movement that advocates for fairer global
economic and social systems.
SOCIAL MEDIA AND THE STATE
In large organizations, social media are often supported because the technology
can help foster the sense of a “digital village” where individuals are able to “see”
the lives of others within their organization and feel closer to them. Social media
are used commercially as a key mode for product exposure and messaging
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