A model of a progressive transition from a 'pre-modern' or 'traditional' to a 'modern' society
Modernization Theory
Outlines the historical progression terms of a society's capacity to produce and consume material goods
Walt Rostow's 4 Stages of Modernization
1. Traditional Stage
2. Take-Off Stage
3. Drive to Technological Maturity Stage
4. High Mass Consumption Stage
Dependency Theory
Conditions in which the development of nation-states of the South contributed to a decline in their independence and to an increase to an economic development of the countries of the North and having an excessive reliance to Colonizers
Global North
Home to all members of G8
Home to four of the five permanent members of UN Security Council
United States, Canada, Western Europe
Developed parts of Asia, Australia and New Zealand
Global South
Largely corresponds with the Third World
Africa
Latin America
Global Media Cultures
The flow of news and entertainment is a great factor for rich industrialized nations -states to market their products
Global Media Education and Global Media serves as an agent to help to solve development problems because it promotes mixing of the global and local world and it can really affect the global integration
International communication has been an active interlocutor in this debate because media and information technologies play an important role in the process of globalization
The global media debate was launched during the General Conference of the United Nations Educational, Scientific, and Cultural Organization (UNESCO) in Nairobi, Kenya
1973
Cultural imperialism theory
Audiences across the globe are heavily affected by media messages emanating from the Western industrialized countries
Hybridization
Impure cultural genres
Deterritorialization of cultural processes
Mixing previously cultural systems
NestorGarcia-Candini is one of the most influential voices in the debate about cultural hybridity
3 main features of Hybridity
Mixing previously separated cultural systems
De-territorialization of cultural processes from their original physical environment to new and foreign contexts
Entails impure cultural genres that are formed out of the mixture of several cultural domains
Asian Regionalism
A relatively new aspect of Asia's rise. Asia's economies are increasingly connected through trade, financial transactions, direct investment, technology, labor and tourist flows, and other economic relationships
The economics of regionalism have a complex and troubled history
How can regionalism benefit Asia?
Link the competitive strengths of its diverse economies in order to boost their productivity and sustain the region's exceptional growth
Connect the region's capital markets to enhance financial stability, reduce the cost of capital, and improve opportunities for sharing risks
Cooperate in setting exchange rate and macroeconomic policies in order to minimize the effects of global and regional shocks and to facilitate the resolution of global imbalances
Pool the region's foreign exchange reserves to make more resources available for investment and development
Exercise leadership in global decision making to sustain the open global trade and financial systems that have supported a half century of unparalleled economic development
Build connected infrastructure and collaborate on inclusive development to reduce inequalities within and across economies and thus to strengthen support for pro-growth policies
Create regional mechanisms to manage cross-border health, safety, and environmental issues better
The region's influence in the world continues to increase
The region's economy is already similar in size to those Europe and North America
The center of gravity of the global economy is shifting to Asia
How can Asian regionalism benefit the world?
Generate productivity gains, new ideas, and competition that boost economic growth and raise incomes across the world
Contribute to the efficiency and stability of global financial markets by making asian capital markets stronger and safer, and by maximizing the productive use of asian savings
Diversify sources of global demand, helping to stabilize the world economy and diminish the risks posed by global imbalances and downturns in other major economies
Provide leadership to help sustain open global trade and financial systems
Create regional mechanisms to manage health, safety, and environmental issues better, and thus contribute to more effective global solutions of these problems
Global City
Characterized by occupational and income polarization, with the highly paid professional class on the one end and providers of low-paid services on the other
Global command centers of the world economy
The global flows of people, capital and ideas are woven into the daily lived experiences of its residents
Embodies both the good and the bad effects of globalization
Cosmopolitanism is the phenomenon most readily associated with the global city
Transcends boundaries of nation-state
In the early stage of cultural imperialism, researches focused their efforts mostly on nation-states as primary actors in international relations
Global Power City Index (GPCI)
Evaluates and ranks the major cities of the world according to their "magnetism" which means the comprehensive power to attract creative people and business enterprises from around the world
Reveals the strengths and weaknesses of each city and at the same time uncovers problems that need to overcome
Ranking has been produced with the involvement of the late Sir Peter Hall
Focuses on a wide variety of functions in order to assess and rank the global potential and comprehensive power of a city
Key Findings of the GPCI - 2017
Cities such as Los Angeles, Beijing and San Francisco largely improve their ranking
By region, the European cities on the whole score highly in Livability and Environment
London (1), New York (2), Tokyo (3), Paris (4) and Singapore (5) have remained in the top 5 for nine consecutive years
Dubai and Buenos Aires make their first-ever appearances in the GPCI in 2017 with respective comprehensive rankings of No. 23 and No. 40
Advantages of Global City
Provide basic services, including safe water and adequate sanitation
Void of discriminatory practices
Provide jobs that pay an adequate wage
Access to educational facilities and health care
Enjoy security of tenure and affordable housing
Live in communities that are safe and environment that are clean
The cities are governed through inclusive local democratic processes