INTL 1101 Study Guide - Midterm Guide: Multilateral Investment Guarantee Agency, International Monetary Fund, Structural Adjustment
27 Aug 2016
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You will be asked to describe four (4) of the following concepts and to explain why they are important to our understanding of globalization (10 points each): transformationalist thesis (school of thought) Consider more aspects of globalization than just economics (migration, environment, culture: middle ground between skeptics and hyperglobalizers. Although globalization is changing the role of the state, it"s unclear whether this is leading to increasing state power (skeptics) or decreasing state power (hyperglobalizers) Argues against skeptics-> something is happening/something new and there is interconnectedness/globalization. More agents are vying for power: nation state shares power with ngos, transnational organizations, global alliances, the un, the imf, institutions as a whole, religious groups/nonstate actors. Significance: gives a better understanding of globalization and how our world is becoming more globalized: path dependency. Revolves around four basic tenets: timing/sequencing matter, similar conditions can lead to different outcomes, early decisions are key/have more weight, change is the unlikely scenario in social/political life.
