GHY World Regional Geography MWF 1:00 – 1:50 PM Professor: L. Baker Perry, Ph.D.

Introduction to Course, Globalization Introductions Introductions Course Logistics Course Logistics Globalization Globalization Economic Globalization Economic Globalization Advocates and Critics of Globalization Advocates and Critics of Globalization For Next Class: Read rest of Chapter 1 (pp )

Introductions Find a partner sitting near you and find out the following info: Find a partner sitting near you and find out the following info: NAMENAME POINT(S) OF ORIGINPOINT(S) OF ORIGIN MAJOR (or projected major)MAJOR (or projected major) INTERESTING PLACES VISITEDINTERESTING PLACES VISITED PLACES YOU WOULD LIKE TO VISITPLACES YOU WOULD LIKE TO VISIT TALENTS OR HOBBIESTALENTS OR HOBBIES

Course Logistics Please read the course syllabus in detail and let me know if you have any questions! Please read the course syllabus in detail and let me know if you have any questions! Office hours are MWF 9-11 AM, MW 2-3 PM, or by appointment (296 Rankin West) Office hours are MWF 9-11 AM, MW 2-3 PM, or by appointment (296 Rankin West) Textbook is Rowntree et al Diversity Amid Globalization. Textbook is Rowntree et al Diversity Amid Globalization. Other readings are available on AsUlearn. Other readings are available on AsUlearn. Readings are expected to be completed before coming to class! Readings are expected to be completed before coming to class! Texting will not be tolerated during class! Texting will not be tolerated during class! Plan on 2-3 hours of outside work per hour of class time on average (see statement of student engagement on syllabus). Plan on 2-3 hours of outside work per hour of class time on average (see statement of student engagement on syllabus).

What is Globalization?

Globalization Textbook Definition: “increasing interconnectedness of people and places through converging processes of economic, social, political, and cultural change” Textbook Definition: “increasing interconnectedness of people and places through converging processes of economic, social, political, and cultural change” Distant regions and places are increasingly linked Distant regions and places are increasingly linked Processes of change occur at greater and greater speeds! Processes of change occur at greater and greater speeds!

Attributes of Globalization Global communication systems Global communication systems Transportation systems Transportation systems Transnational business strategies Transnational business strategies New and more flexible forms of capital accumulation New and more flexible forms of capital accumulation Global agreements that promote “free trade” Global agreements that promote “free trade” Market economies Market economies Increase in economic disparities Increase in economic disparities Army of international workers Army of international workers

24 Hour Global Air Traffic

Images of Globalization Figure 1.1 Figure 1.4 Southwestern India Linguistic Diversity in Maryland

Economic Globalization The driving force behind globalization is economic globalization The driving force behind globalization is economic globalization The roots are found in neoliberal economic theory The roots are found in neoliberal economic theory Core tenets are privatization, unrestricted movement of capital, openness to foreign investment, and lower corporate taxes Core tenets are privatization, unrestricted movement of capital, openness to foreign investment, and lower corporate taxes

Characterized by: Multinational corporations with assets greater than most countries Multinational corporations with assets greater than most countries Of the world’s 175 largest economic entities, 112 (64 percent) are corporations and 63 are countries!Of the world’s 175 largest economic entities, 112 (64 percent) are corporations and 63 are countries! The total revenue of Wal-Mart (24 th on the list) is 1.94 times greater than the GDP of Israel (50 th on the list) and 5.1 times larger than the GDP of Iraq (139 th on the list).The total revenue of Wal-Mart (24 th on the list) is 1.94 times greater than the GDP of Israel (50 th on the list) and 5.1 times larger than the GDP of Iraq (139 th on the list). Instantaneous movement of capital across borders Instantaneous movement of capital across borders Outsourcing—moving of jobs overseas to low-wage countries Outsourcing—moving of jobs overseas to low-wage countries /

Move towards privatization of services, including health care and water Move towards privatization of services, including health care and water Global institutions and agreements that promote “free trade” Global institutions and agreements that promote “free trade” World Trade Organization (WTO)World Trade Organization (WTO) North American Free Trade Agreement (NAFTA)North American Free Trade Agreement (NAFTA) Free Trade Agreement of the Americas (FTAA)Free Trade Agreement of the Americas (FTAA)

Economic Globalization – Formal Figure 1.10

Figure 1.6 Economic Globalization – Informal

Advocates and Critics Washington, D.C. demonstration Figure 1.7 Figure 1.8 The “Electronic Herd” Figure 1.9 Global Sweatshops

Group Exercise What are the arguments of the pro-Globalizers? What are the arguments of the pro-Globalizers? How do the critics of globalization respond? How do the critics of globalization respond? What is your position? What is your position?

Advocates of Globalization

Critics of Globalization

Dhaka, Bangladesh

A Middle Position? Globalization of anti-globalization Globalization of anti-globalization Importance of managing globalization Importance of managing globalization Strong, yet efficient governments Strong, yet efficient governments Dani Rodrik: Dani Rodrik: “The world market is a source of disruption and upheaval as much as it is an opportunity for profit and economic growth.”“The world market is a source of disruption and upheaval as much as it is an opportunity for profit and economic growth.”