Political Science 1020E Lecture Notes - Lecture 4: Global Exchange, Cultural Globalization, Economic Globalization
16 Feb 2016
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Document Summary
A complex process of integration and interconnection. Shrinking distance between the individual and the global arena ( convergence") And tends towards single global market, culture, society, and political order (long-term) Intensification of transnational flows of goods, services, labour, and capital (uneven in spread) Challenges to economic sovereignty: state used to set the rules for domestic economy, but now are becoming less relevant, at an accelerating rate. Reduced ability of states to manage their own affairs. Enhanced importance of international and supranational organization. Emergence and increasing relevance of international organizations that address global concerns (e. g. environmentalism) Bigger role for subnational bodies, such as regions and cities. Cities were subordinate to national states in the past, but they are becoming increasingly independent. States one part of complex multilevel system. States remain more important than international organizations. State is player in complex multilevel system, but still has power. Globalization is a process; complex. multifaceted, surprising.
