Week 4 Lecture-7
Week 4 Lecture-7
Evaluating
Globalization
Week 4 Lecture
28 January, 2025
Outline
Notices
Exam Guide
Tutorial Prep
Forms of Globalization
Economic
Cultural
Political
Measuring Globalization
Notices
First essay deadline – January 31 (this Friday)
11.59pm
Midterm Exam – February 13, 12.30pm
11th Edition:
Mid-term Exam Study Guide and Preliminary Instructions
You need to cite at least 2 sources for each question and these sources can
be academic and non-academic sources e.g. including textbooks, journal
articles, lectures, books, statistics, news, policy documents, blogs, videos
etc. Your sources need to be properly cited and referenced.
APA citation style is preferred.
Where possible, use examples to illustrate your answers. Also, where
applicable, mention key names, dates, statistics, use graphs and charts, and
popular events, current events etc.
Plagiarism is a serious academic offence. In line with the policy of this
course, the use of AI is not allowed in exams or any other assessment on
this course.
Category Exemplary Very Good – Good Average – Emerging Incomplete
and
Weighting 10 9 8 7 6 5 4 3 2 1 0
Structure and Excellently structured Generally well- structured Answer is structured for Answer lacks proper
coherence answer, with all points answer, with points clearly the most part and contains structure with points
clearly articulated and linked articulated and coherent for several unclear points and poorly developed.
2 together coherently. the most part. loosely linked.
Addressing Shows a conscious and Shows a competent Demonstrates basic Demonstrates very
the questions thorough understanding of understanding of the understanding of the limited or no
the question. Complete question. Answer reflects question. Uses insights understanding of the
6 answer combining the three insights from textbook, from only one of textbook, question. Answer
elements of textbook, lectures/tutorial or further lectures/tutorial and generally
lectures/tutorials and further research. Not more than one further research. Two or underdeveloped.
research concept misunderstood or more concepts
wrongly applied. misunderstood or wrongly
applied.
Use of Excellent use of sources that Good use of sources that are Mixed use of sources, with Significantly
sources are relevant, with all relevant, with most some information sources inadequate use of
information sources information sources accurately referenced and relevant sources and
1 accurately referenced and in accurately referenced and some in the right format. poor citation
the right format. At least 2 most in the right format. 1 Only 1 source used. practices. No
sources used. source may be wrongly sources.
formatted or inaccurately
cited.
Writing Consistently demonstrates Effective use of writing Very mixed use of writing Lacks control of
conventions effective use of writing conventions and control of conventions and language language and lacks
and control of conventions and control of language including control, including attention to writing
language language including appropriateness of word appropriateness of word conventions.
appropriateness of word choice and effective sentence choice and effective
1 choice and effective construction. A few wrong sentence construction.
Exam Rubric: Exemplary 9, 10.
Excellently structured answer, with all points clearly articulated and
linked together coherently.
Excellent use of sources that are relevant, with all information sources
accurately referenced and in the right format. At least 2 sources used.
Image: Pixabay
Learning goals/outcomes for prep and class:
explain
globalization, its different types, key drivers,
and characteristics
evaluate globalization based on social, economic,
political, cultural and environmental factors
discuss the relevance of the local in a globalized world
demonstrate an understanding of the ways
globalization is conceptualized (i.e. theses) and
measured
discuss trade as a key aspect of globalization
Recap
1.Hyperglobalist
2.Skeptical View
3.Transformationalist View
1.Economic globalization
2.Cultural globalization ?
3.Political globalization
Conceptualizing
Globalization
Conceptualizing
Globalization
Three major
thesis/conceptualizations:
1. Hyperglobalist
2. Skeptical View
3. Transformationalist View
Conceptualizing
Globalization
Hyperglobalist
▶ Not inevitable
▶ Imposition of a single ideology,
neo- conservative,
neoliberalism
▶ Failing promises
▶ In retreat
Conceptualizing
Globalization
Transformationalist View
▶ Mid-way, semi-globalized
▶ Exaggerated
▶ Checkered impacts and
intensity at best
▶ More a matter of distance
and moderate globalization
in reality Pankaj
Ghemawat
Conceptualizin
g
Globalization
Forms of globalization
Economic
Cultural
Political
Forms of globalization
Economic
Economic internationalization Vs economic globalization
Global dispersal of manufacturing/production and
distribution across boundaries
Integration of local and regional economies, Int. division of
labour
Economic
Rapid movement of capital: virtually immediate, electronic
Increased harmonization of financial standards (e.g. through central
banks), removal of fixed exchange rates
Economic
Close-knit
regional
organizations
around Europe,
East and
Southeast Asia,
and North
America
Forms of globalization?
International Division
of Labour?
• London (Various)
• Birmingham (automotive);
• Glasgow (shipbuilding);
• Manchester (textiles);
• Newcastle (shipbuilding &
steel);
• Sunderland (shipbuilding and
coal-mining);
Interesting essay
https://www.theatlantic.com/ideas/archive/2019/12/the-rust-belt-didnt-have-to-happen/603523/
Forms of globalization?
Cultural
Increasing cultural homogeneity (a ‘global village’/global
culture)?
Economic integration, mass media, consumer culture (the ‘big stores’)
Cultural
Often seen as dispersal of ‘Western influence’, strongly American
Struggle over value, direction of dispersal (not unidirectional)
Regional, economic and cultural differences persist
Canada’s multiculturalism?
Political
Various
integration processes over centuries (from 600,000
autonomous polities in 1500BCE)
United Nations, post–World War II, post-Cold War
First successful institutionalized form of international integration
Political
UN challenged by powers permanently on Security Council
with vetoes
The relevance of nation-states vs the regional-states
Continued endurance of the nation-state, balance
integration with national identity
Tribalism,multiculturalism and weakening central
authorities
Forms of globalization?
Political
Source: Flytrippers.com
Measuring globalization
Measuring globalization
Source: Mercier
and Norton
Measuring globalization
Top 5 globalized
in 2019:
Netherland
s
Singapore
Belgium
UAE
Ireland
Source: DHL
Measuring globalization
Economic and
moral arguments
‘capitalistic
economic
globalization
can eliminate
poverty’
Poverty
reduced,
though
complex
poverty
patterns Number of people living on $1.90/day – take with caution. Why?
For Globalization?
Reducing poverty?
Theemerging economies (not the rich countries)
produced more than 50% of world output measures in
purchasing power parity
Theyalso accounted for over 50% of the increase in
global GDP
More countries are industrializing
For Globalization?
For Globalization?
Overriding
pressure for economic growth and competition
damages the environment, individual wellbeing, the social fabric
Even greater inequality consistent with greater pollution
Against Globalization?
Source: Statista
Against Globalization?
Against Globalization?
"open meeting
place”
Regional,
Thematic, Local
Social Forums