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Cards (43)
What is globalization described as in the introduction of the text?
Globalization is a central force for shaping the
modern world system
.
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What historical period is referred to as the Belle époque?
The Belle époque refers to a period of
EU
prosperity and global connectivity disrupted by
WWI
.
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Why is globalization considered a controversial concept outside academia?
It faces opposition from
nationalism
and
populism
.
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What are the key areas to understand about globalization according to the text?
Historical roots
Manifestations
across economic, political, social, and cultural
dimensions
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What challenges does globalization face according to the text?
Globalization faces challenges from the rise of
nationalist
and
protectionist
movements.
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What characterizes the crisis in the liberal world order?
The crisis is characterized by
free trade
, international cooperation, and
multilateralism
.
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What are the dangers associated with the shift in power dynamics due to globalization?
The dangers include a potential crisis in the
liberal world order
.
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How is globalization described in terms of its impact on contemporary life?
Globalization is a pervasive
phenomenon
impacting nearly all aspects of contemporary life.
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What role do universities play in globalization?
Universities act as global institutions by recruiting
international
students and sharing research across borders.
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What are the key components of the interwoven global economy created by globalization?
Interconnected
fortunes of nations, communities, and households
Network
of trade and finance
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What was the impact of the 2008 Global Financial Crisis (GFC) on globalization?
The
GFC
showed that no country could
isolate
itself from
global
market
effects.
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What was the scale of daily transactions on global money markets in relation to GDP?
Daily transactions reached
$5 trillion
, comparable to the GDP of the
UK
and
France
.
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What role do Transnational Corporations (TNCs) play in the global economy?
TNCs are key players in the global economy, often having more economic power than countries.
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How do global supply chains affect the production of products like the iPhone?
Global supply chains involve manufacturing across multiple
countries
, blurring foreign and domestic lines.
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What advancements have facilitated globalization according to the text?
Advancements in
transportation
and
communication technology
, especially
digitalization
, have facilitated globalization.
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How did internet connectivity change from 2005 to 2018?
Internet connectivity increased from
1 billion
users in 2005 to
4.1 billion
users in 2018.
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What dual role does connectivity play in civil movements and illicit activities?
Connectivity has empowered civil movements but also facilitated illicit activities like
human trafficking
and
money laundering
.
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What institutions have been established due to globalization?
Globalization has led to the establishment of global regulatory institutions like the
G20
and the
UN
.
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How is globalization described in terms of its scope and impact on inequality?
Globalization is described as uneven, with many regions and individuals excluded, contributing to economic
disparities
.
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How is global migration characterized despite increased interconnectivity?
Global migration remains tightly
regulated
despite increased global interconnectivity.
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What effect does globalization have on cultural mixing and identity politics?
Globalization leads to
cultural
mixing, sometimes
reinforcing
identity politics and
cultural
divisions.
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How does globalization affect cultural diversity?
Globalization has fostered new, blended cultural expressions rather than complete cultural
convergence
.
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What are the key aspects of analyzing globalization according to the text?
Stretching of
activities
across borders
Deepening local-global
integration
Structural shift in social organization
Variable geometry of globalization
experiences
Inclusion and exclusion in global
networks
Time-space
compression
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How do social, political, and economic actions transcend national borders?
Actions such as the movement of
Syrian
refugees
seeking
asylum
globally illustrate this transcendence.
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What is meant by 'time-space compression' in the context of globalization?
Time-space compression refers to new
communication
and mobility technologies creating a
'shrinking world'
.
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How does globalization differ from internationalization and interdependence?
Globalization represents deeper
integration
that
transcends
national boundaries, merging domestic and international affairs.
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What are the different perspectives on globalization discussed in the text?
Skeptical
: globalization is exaggerated and superficial.
State Power and Geopolitics
: traditional elements shape world politics.
Marxist Critique
: globalization mirrors imperialist behaviors.
Globalist
: globalization causes disruptive change in the world.
Transformationalists
: globalization is complex and unpredictable.
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What do skeptics argue about the current state of globalization?
Skeptics argue that current international interactions represent
internationalization
among national economies rather than a fully integrated
global economy
.
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How do hyperglobalists view the role of nation-states in globalization?
Hyperglobalists
believe nation-states have
diminished roles
,
facilitating
global
capital
flows
rather than exercising
sovereignty.
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What do transformationalists believe about globalization?
Transformationalists view globalization as a complex and dynamic process that drives
significant
social, political, and economic changes.
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How do skeptics view the economic activity in relation to regionalization?
Skeptics contend that economic activity is becoming increasingly
regionalized
, particularly in
Europe
, the
Pacific
region, and
North America
.
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What is the relationship between globalization and inequality according to the text?
Globalization exacerbates inequality, marginalizing many
developing countries
while reinforcing the dominance of
developed nations
.
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What is the significance of the digital revolution in the context of globalization?
The digital revolution represents a new
phase
of globalization, reshaping global power dynamics.
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What are the implications of the shift from a state-centric to a geocentric perspective in world politics?
Emphasizes global
interconnectedness
Requires a shift in how international relations are studied
Highlights the need for more
reflective
approaches in scholarship
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How is the current geopolitical system described in the text?
The current geopolitical system is described as "
inter-polar
," highlighting interconnected
great powers
.
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What does the transition to a post-Western global order signify?
The transition signifies a profound transformation diminishing Western
dominance
and reshaping global rules and
institutions
.
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What challenges does globalization face in terms of governance?
Globalization leads to a trade-off between effective governance and self-governance, compromising traditional notions of
sovereignty
.
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How is sovereignty described in the context of globalization?
Sovereignty is being reconfigured and shared across various levels, but it remains a fundamental
juridical
attribute.
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What is the role of national governments according to hyperglobalists?
Hyperglobalists argue that national governments are reduced to facilitating
global capital flows
.
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What do skeptics argue about the historical precedent of globalization?
Skeptics argue that the current level of economic interdependence does not represent a significant departure from historical
norms
.
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