Term
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Definition
| “cultural entity…highest cultural grouping of people and the broadest level of cultural identity people have short of that which distinguishes humans from other species. It is defined by common objective elements, such as language, history, religion, customs, institutions, and by the subjective self-interest of people” |
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Term
| What are the eight civilizations? |
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Definition
| Western, Confucian, Japanese, Islamic, Hindu, Slavic-Orthodox, Latin America, possibly Africa |
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Term
| Why is there a clash among civilizations? |
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Definition
World is getting smaller, interactions are growing, Economic modernization and social change separate people from local identities, Weakening of the state, “Fundamentalist” religious streaks, Role of the West: more power, more opponents, Cultural characteristics and differences are harder to change than pol & econ ones,
Economic regionalism is growing,
Regional blocs getting more important, Common culture is important for trade to increase |
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Term
| What are the "micro" clashes of civilizations? |
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Definition
| Fault-lines of civilizations struggle over control of land & each other. |
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Term
| What are the "macro" clashes of civilizations? |
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Definition
| States competes for mil/econ power, struggle over int’l institutions & 3rd parties, and promote their own values. |
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Term
| Three conclusions to the "Myth of Chaos?" |
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Definition
Globalization = confrontation,
Violence more common & more savage,
Explosion of irrational violence |
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Term
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Definition
Importing > Exporting,
Transfers jobs out of country, Spending more than you’re earning – not good for you or the country |
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Term
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Definition
| Replaces the General Agreement on Tariffs and Trade (GATT) |
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Term
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Definition
| 1945: named after the place where it was signed |
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Term
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Definition
Originally intended to correct economic issues with fixed exchange rate system,
Fixed exchange rate system disbanded in 1970s,
Now primarily gives loans to developing countries,
Known because of Structural Adjustment Policies (SAPs) |
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Term
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Definition
Loans to developing world in order to reduce poverty,
Current President is Robert Zoellick |
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Term
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Definition
Started 1995,
Replaces GATT,
Rules of trade between countries,
Settles disputes between countries |
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Term
| WTO and U.S. steel tariff problem |
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Definition
US steel tariffs hurt Europe x2,
European states couldn’t sell in US,
China/S. Korean firms dumping in EU,
EU imposed steel tariffs in response & initiated WTO proceedings to allow lowered tariffs in clothes & citrus fruits – why these? |
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Term
| How do we measure development in a country? |
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Definition
| HDI: Human Development Index |
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Term
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Definition
Life expectancy at birth,
Literacy rate/years of schooling,
GDP/capita |
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Term
| What are the Millenium Development Goals (MDG)? |
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Definition
Eradicate extreme poverty and hunger,
Achieve universal primary education,
Promote gender equality and empower women,
Reduce child mortality,
Improve maternal health,
Combat HIV/AIDS, malaria, and other diseases,
Ensure environmental sustainability,
Develop a global partnership for development |
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Term
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Definition
Multinational Corporation,
Corporations that are spread over more than one country |
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Term
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Definition
FDI: Foreign Direct Investment,
UN defines it as a foreign corporation owning at least 10% of a company |
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Term
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Definition
Between 1980 & 1997, FDI grew 13% annually,
FDI more than $12 trillion in 2006,
FDI more than tripled in last 30 years,
US MNCs make more from being abroad than from exports |
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