Globalisasyon

• Dulupcu and demirel - global, diff meaning of globalization per language
• Neydan Larousse - turkish, undertaken entirely
• French - homogeneity
• Globalisasyon - process by which people at large distances are connected through many different ways
• Deterritorialization - distance is not a hindrance for social relations
• aspects of globalization

  -media

  -culture

  -economy

  -politics

  -environment

  -socialization

  -religion

  -ideologies

  -technology
• Transference - inside out
• Transformation - outside in
• Transcendence - beyond, neither inside-out nor outside-in
• Early history - trading, silk road
• Medieval - age of discovery
• Pre-modern - industrial revolution
• Modern - technology
• Misconceptions of globalization

  1. 1980’s started

  2. all about economic imperialism

  3. promotes/encourages homogeneization

  4. against human rights

  5. poses threat to local identities
• economic globalization - integration of economies, through interborder movements
• Transnational corporations (TNC) - no centralized management, no subsidiaries
• Multinational corporations (MNC) - centralized, subsidiaries
• International Monetary system (IMS) - system and rules, use and exchange of currency
• Gold standard - gold currency, 35$ = 1 ounce of gold
• Bretton woods system - dollar currency
• IMF - international monetary fund
• IBRD - International bank for reconstruction and development
• IMF

  -to achieve economic growth

  -financial assistance

  -policy advice

  -capacity development
• IDA - international development association
• IFC - international finance corporation
• MIGA - multilateral investment guarantee agency
• ICSID - International Centre for Settlement of Investment Disputes
• European union (EU)

  -political and economic union

  -27 european countries

  -single currency euro €

  -eurozone
• GATT - general agreement on tariffs and trades
• WTO - world trade organization
• GATT-WTO

  -legal agreement

  -can also function as an organization

  -absorbed by wto
• World bank group

  -ibrd, middle income

  -ida, worlds poorest country

  -ifc

  -miga

  -icsid

  strengthen the private sector of developing countries
• Market integration

  • market of groups and services are somehow related to each other
  • similar patterns
  • a defined geographical locations
• Global governance - laws, policies, norms and institutions

  -relations of the countries w each other
• World war I - 1914 started, ended nov 11, 1918
• Emperor Franz Josef of Austria - expansionist, austrohungarian emperor
• Archduke Franz Ferdinand of Austria - Heir to the Austro-Hungarian throne
• Gavrilo Princip - black hand member (revolutionary group) assasinated franz ferdinand
• Triple alliance , ww1

  • austria-hungary
  • germany
  • italy
• Triple entente , ww1

  • russia
  • france
  • great britain
  • america/us