GEOG 1700 Lecture Notes - Lecture 9: Human Development Index, Good Governance, Gross National Income
Document Summary
Globalization= long standing process of economic and cultural exchange. Weak globalization: dates to 1500s and 1st wave of colonialism. Strong globalization: fundamental shift= level of corporate involvement in states since. Colonialism= process of 1 territory physically taking over and controlling another territory. 1st wave; 150-1825; european colonies focused mostly on americas. 2nd wave: 1825-1970s; european colonies largely in africa and asia. Hegemon= world power in a given era; shapes law and norms of trade and politics globally. Us in 20th century, 21st century not clear yet. Globalization made possible by set of networks connecting. Development= a complex concept discussed through variety of terms: Each term has slightly different history and connotation but all focus on notion of development. Originally political category; came to represent developing countries. First world: countries aligned with capitalism, nato, and allies. Second world: soviet union and its allies. Western organizations like the world bank see development as economic growth and devise measures based on that perspective.
