Peter © Peter Dicken Peter Dicken 20155

What in the World Is Going On? Global Shift Chapter 1

Key Words –Globalization, hyper-globalists, sceptical internationalists, neo-liberalism, complexity, global recession Concepts to Review Global networks, nationalization, geographical complexity, recession, global – local connections

Definitions of Globalization Empirical Ideological Historical roots of the concept What is distinctive about the present context – Simultaneity and complexity – Embeddedness of global production/consumption networks – The ‘Washington Consensus’

The End of Globalization? ● Causes of the 2008 financial crisis ● Responses to the crisis ● Has the free market ideology been irrevocably damaged by the crisis? ● Arguments pro and con ● Does it mean the end of globalization if it has?

Positions on Globalization Hyper-globalists – Argue that we live in a borderless world where the national is irrelevant – Neo-liberal faction – Anti-globalization faction Sceptical internationalists – Argue that there is nothing new about globalization; the world was more open and transnational in the past than in the present

Geographies of Globalization Globalization: ‘the qualitative transformation of economic relationships across geographical space’ Complex and changing geographies, rather than a single global geography To ascribe a single cause/origin for globalization is meaningless The Four Tendencies – localizing processes – internationalizing processes – globalizing processes – regionalizing processes