PO345 Lecture Notes - Lecture 6: Classical Liberalism, Trans-Cultural Diffusion
Document Summary
Ability to secure support (being seen to solve the problems) Distinguishing between regionalization, globalization and internationalization: the broad debate centres on whether it is global economic and social activity that is occurring, or rising interaction between well-defined national economies. If the later, then some would argue the world economy is more international than global. Analysts fold four processes into the concept of globalization: notion of economic impact: Ability to have government to be responsible for economic ups and downs is constrained. The deepening integration of markets as a result of heightened trade and investment, and enhanced capital mobility. Globalization is closely identified with these economic structural developments: political impact: Emergence of new supranational centres of political authority: cultural impact: Values and tastes are increasingly being determined by international interests. Cultural diffusion of values, tastes and norms worldwide and a geographic stretching of interactions, both the consequence primarily of novel communications technologies: ideological impact:
