Globalization What are your notions or ideas associated with this term?

Predict how many international- nations are represented in whole products in this room. Abi- 60 Hannah- 15 Ji Yeon- 50 Jon- 93 Rex- 51 Kenny- 35 Jack- 33 Turbold- 42 Nishanth- 7 Manasi- 12 Sean-11 ► Jordan ► Srilanka ► Canada ► Mexico ► Japan ► China ► Vietnam ► Korea ► USA ► Denmark ► United Kingdom ► Indonesia ► Israel ► France ► Mauritas ► Finland ► Netherlands ► Mongolia ► Honduras ► Italy ► Haiti ► Thailand ► Pakistan ► Turkey ► Cambodia ► “Africa” ► Banana Republic

Predict how many international- nations are represented in students in the room. ► Kenny- 14 ► Rex- 15 ► Ji yeon- 8 ► Jon- 12 ► Alex- 10 ► Faiyz- 9 ► Manasi-16 ► Hannah & Ritu -7 ► Jack 11 ► Irene-5 ► Turbold- 13 ► Sean-17 ► B.American ► American ► Indonesia ► Korean ► Mongolia ► Mexican ► Japanese ► Indian ► Pakistan ► Jewish ► Ukranian ► Russian ► Vietnamese ► Chinese ► English ► Filipino ► Croatian ► Thai ► 18

Globalization ► Essential Questions  How do Global Organizations (Supranationals, Non- governmental organizations, and Multi-Nationals) affect the role or concept of the “state”? ► Definition: The interconnectivity of states in the forms of economy, culture, and politics.

Economic Globalization: David Ricardo and Circular Flow ► Households, firms, government; rest of the world ► Factor market (land, labor, capital, entrepreneurial ability; rent, wages, interest, profit) ► Product market (goods and services, revenue) ► Trade as technology: Iowa car crop and creative destruction ► Comparative advantage

Modernization vs. Dependencia ► Dependency theory: avoid dependence 1 st world capital, tech, expertise  neo-mercantalism: import-substitution industrialization (Mexico) and export-led industrialization (China)  Confirmation: Asian Contagion ► “Sustainable development”: 1 st world development questioned (cultural + social impacts; environmental impact; “free trade butters” hypocrisy) ► “Decoupling” (not so much)

Costs of Globalization ► Erosion state sovereignty ► Outside pressure conform global norms ► Internal pressure for autonomy (decentralization), secession, disintegration ► Vulnerability actions others (NGOs, MNCs, WTO, IMF, World Bank, UN, etc.) ► Cross-border/international problems (crime, disease, environmental, etc.) ► “Race to the bottom”: Economic growth w/out development; internal inequality ► Problems of rapid industrialization + urbanization ► Women hurt more by transition (competition + liberalization  reduction social welfare; undercuts subsistence ag., social constraints on new jobs, exploitation in cities/factories) ► “Americanization” + cultural/political backlash (Nigeriazation of oil industry)

Benefits of Globalization ► Interdependence  cooperation w/in global/regional institutions (integration) ► Rapid economic growth ► Global products + services + information ► Spread democracy + human rights ► Increased ability organize w/in + across borders ► Empowerment non-state actors ► New avenues political access, redress grievances, voice ► Global citizenship

Globalization Graphs ► Supply and Demand, consumer and producer surplus ► Comparative Advantage (lowest cost of production) ► Exchange rates (derived demand) and balanced trade ► Interest rates

Supranational Organization ► An organization that connects autonomous states and works towards mutually beneficial goals. ► Current Supranational Organizations:  United Nations  European Union  NATO  MERCOSEUR (Southern Common Market- Brazil, uruguay, Paraguay, and Argentina.  European Union  ASEAN- Association of Southeast Asian Nations  World Trade Organization  African Union

Supranational Organization ► The goal is to solve problems using the combined power of the member states. ► What problems need to be solved? ► To fight a shared political threat ► Terrorist Organizations ► Global Warming ► Pandemic ► Human Rights Violations ► Finite Natural Resources Protections ► Biodiversity ► Nuclear Proliferation ► Natural Disasters ► International Water Piracy (Economics?) ► Aliens!!!1! (Parks is leading to something -> Independence Day -> Morse Code -> Mothership -> Indians + British, Israelis + Egyptians) ► ^^ Giant enemy would lead to collective effort

North Korea’s Crimes against Humanity ► Are we a global society?  If we are a global society, can these situations be stopped? ► If these situations can be stopped, who should stop these situations?

International Organizations ► International nongovernmental organizations (INGOs): non-governmental organizations(NGOs) that operate internationally. ► There are two types:  International non-profit organizations. Examples include the World Organization of the Scout Movement, International Committee of the Red Cross and Médecins Sans Frontières.  International corporations, referred to as multinational corporations. Examples include The Coca-Cola Company and Toyota. These are all considered part of Civil Society if they act on behalf of the public.