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Definition
-contributed to the progress of the world through trade migration, spread of cultural influences, and dissemination of knowledge and understanding
-Seen as westernization-west dominates and makes all the rules to its advantage
-academic debate that globalization doesn't reach third world countries
-historical overview- prehistoric, premodern, early modern, modern period, and contemporary period |
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| Criticism of Modernization |
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makes the mistake of treating all countries as being alike with the same characteristics but realistically their cultures could be quite different in their development programs
-treat all capitalist countries the same and fail to acknowledge their are different types of capitalism |
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difficulty arises due to complexity of development, diversity of countries, overlapping thoughts, analytical difficulties in identifying cause and effect
endowments-geographical location geo political influence etc. |
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| developing countries exploit third world countries for cheap labor and raw materials |
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| unequal economic and political relationships which certain industrialized nations and their global corporations dominate the core of the worlds economic system |
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| -increasing trend toward multilateralism toward an emerging translation state apparatus and towards the emergence of national and international non-govermental organizations that act as watch dogs over the government and has increased their activities and influence |
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| Role of US in international security |
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| countries depend on the US for what to do militarily because they are the largest military power |
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established the rules for commercial and finical relations amount worlds major industrial states
set the gold exchange standard |
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| NAFTA brought US Mexico and Canada together into a free trade area |
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| considered an economic matter that can and should be divorced from politics |
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| privatized a lot of public assists and cut government spending and market self regulated |
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| minimum government control for free trade low taxes no regulations no unions organizational labor forces |
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| dont oppose trade but holds the government responsible for regulation in order for trade to advance various aspects of the national interest (import export) |
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| -geographical, poor infrastructure, unfair trade agreements, agriculture, tropical disease, and countries have to pay back their debt to the world bank |
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| increasing economic integration and interdependence of national regional and local economies across the world and cross border movement of goods services technology and capital |
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evolved from the league of nations
two deviations security council and general assembly
five permeant members china great Britain soviet union france and united states |
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| International Court Justice (ICJ) |
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Definition
league created to settle disputes submitted by states
provide support to security council |
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Definition
founded to form one currency and to detain nationalism
wanted to create trade bounds across the states
Maastrich treaty 1993 formally established |
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| North Atlantic Treaty Organization NATO |
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Definition
| protect western europe from soviet union not only a military power but a political one as well |
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| World Trade Organization WTO |
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Definition
| doesn't set rules itself but rather provides a forum which trade negotiations go and ensures the agreements are lived up |
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| General Agreements of Tariffs and Trade (GATT) |
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Definition
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Definition
| only step in moment of crisis |
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| International Monetary Fund (IMF) |
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Definition
failed at providing funds for countries facing economic down turn to enable the country to restore itself to close full employment
insures global and economic stability
invest in education and health care |
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Term
| North American Free Trade Agreement (NAFTA) |
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Definition
| America Canada and Mexico have freer movement of goods services and investment but not people |
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