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University of Toronto Scarborough
Political Science
Waldemar Skrobacki

GLOBALIZATION, GLOBAL STUDIES, GLOBAL GOVERNANCE Lecture 1 IFG - International Forum on Globalization (IFG) Lamy, WTO - World Trade Organization (WTO) Director General, Pascal Lamy - "Globalization can be defined as a historical stage of accelerated expansion of market capitalism, like the one experienced in the 19th century with the industrial revolution. It is a fundamental transformation in societies because of the recent technological revolution which has led to a recombining of the economic and social forces on a new territorial dimension" The World Bank - "globalization- the growing integration of economies and societies around the world" - it is neutral UNP&DD - United Nations and Development Division - this includes increases in the international division of labour caused by swelling of the flow of FBI WHO - World Health Organization Definitions, are provided by, - political left and political right - various ideologies (for ex, neoliberalism) - political regions ( for ex, Europe) - various economic entities, and interests (for ex, finance capital) - Globalization as internationalization- describe cross-border relations between countries - Globalization as liberalization- 'a process of removing government imposed restrictions on movements between countries in Order to create an "open", "boundaries" world economy' - Gloablization as universalization- global = worldwide 'the process of spreading various objects and experiences to people at all corners of the earth' - Globalization as westernization (or modernization or Americanization)- the social structures of modernity (capitalism, rationalism,
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