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UNDERSTANDING  GLOBALIZATION

1.2  INTS  2370

Why  I’m  not  a  fan  of  PowerPoint

or

Why  the  slides  are  black

http://origin.anofiles.com/posts/2014/05/119 31/american-­‐flag-­‐and-­‐shotgun.jpg

Moving  on…

What  in  the  world  is  going  on?

• Globalization:  hyper-­‐globalists  (right  and  left)  to  skeptical   internationalists

• What  it  is:  complexity,  intensity,  interdependence,  but  also   neoliberalism

• How  to  get  at  it:  empirical,  ideological,  and  historical • Issues:  impacts,  externalities,  volatility,  winners  and  losers

Positions  on  globalization

Hyper-­‐globalists: • Borderless  world  where  the  national  is  irrelevant • Neo-­‐liberal  faction:  inevitable,  beneficial • Anti-­‐globalization  faction:  harmful  in  its  current  form

Skeptical  internationalists: • Nothing  new  about  globalization • More  open  and  transnational  in  the  past

Hyper-­‐globalization

Geographies  of  globalization  

Globalization:  ‘the  qualitative  transformation of  economic   relationships  across  geographical  space’ • Complex  and  changing  geographies  not  one  global  geography • Examples:  GPNs,  intrafirm  trade,  disintegration • Ascribing  a  single  cause/origin  for  globalization  is  meaningless • The  Four  Tendencies  (processes):  Localizing,  Internationalizing   Globalizing,  Regionalizing

Four  Tendencies

What  it  is  NOT

• The  world  is  NOT  flat  (sorry,  Friedman) • The  world  is  NOT  borderless  (sorry,  Ohmae) • Corporations  do  NOT  rule  the  world  (sorry,  Korten) • Globalization  is  NOT  always  good  (sorry,  Neoliberals) • Globalization  is  NOT  always  bad  (sorry,  anti-­‐globalizers)

History  of  globalization

• 300  years  of  the  division  of  labor • Core  and  periphery  relations • Tumultuous  20th century • Current  aspects: rising  trade,  increasing  capital  flows,  growth   in  TNCs  =  new  patterns  of  interaction  and  shifting  positions  in   the  global  economy

Patterns  of  production  and  trade

Global  shifts  in  GDP