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MARKET INTEGRATION

 occurs when prices among different locations or 5. EUROPEAN UNION (EU)


related goods follow similar patterns over a  unified trade and
period of time monetary body of 28
 groups of good often move proportionally to each member countries
other and when this relation is very clear among  to be more competitive
different markets it is said that the markets are in the global market place
integrated  Euro – currency of the EU area
 Schengen Area – guarantees free movement to
INTERNATIONAL FINANCIAL those legally residing within its boundaries
INSTITUTIONS
6. NORTH AMERICAN FREE
1. GENERAL AGREEMENT on TARIFF and TRADE TRADE AGREEMENT
(GATT) (NAFTA)
- eliminates tariffs and increases international  trade pact between U.S.,
trade Canada and Mexico
- restores economic  to be more competitive in the global
health to the world marketplace
after the depression  largest free trade agreement in the world
and WWII
HISTORY OF GLOBAL MARKET INTEGRATION
2. WORLD TRADE ORGANIZATION (WTO) A. AGRICULTURAL REVOLUTION
- 164 members B. INDUSTRIAL REVOLUTION
C. INFORMATION REVOLUTION
- an independent
multilateral organization
that became responsible
for trade in services,
nontariff related barriers
to trade
- based on the idea of neoliberalism

3. ORGANIZATION for
ECONOMIC
COOPERATION and
DEVELOPMENT (OECD)
- to promote the
economic welfare of its members
- club of the richest countries in the world
- 35 member-states as of 2016
- conducts the Programme for International
Student Assessment

4. ORGANIZATION of
PETROLEUM EXPORTING
COUNTRIES (OPEC)
- an organization of 14 oil-
producing countries
- 3 Goals:
a. To keep prices stable
b. To reduce oil price
c. To adjust the world’s oil supply
- 13 active members (Saudi Arabia – the largest
producer)

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 Ex. Kurds residing in different countries
including Iraq, Iran, Turkey
GLOBAL INTERSTATE SYSTEM  Catalans live primarily in Spain but can also
find some of them in France
HISTORY!
Treaty of 3. Global Economics
Westphalia of 1648  demands the states to conform to the rules of
 established the free-market capitalism
notion of the nation-  Ex. Neoliberal/Neoliberal Capitalism
state and the idea of  focuses on free trade and
state sovereignty dismantling trade barriers
 requires a state to cooperate in the global
TODAY! market through the flow of capital, the
 The globalization of politics created an atmosphere privatization of services, and fiscal austerity or
where the ideas of the nation-state, state constraint
sovereignty, government control, and state  Seen as a treat, in general, because a state
policies are challenged from all sides. cannot protect its own economic interest as a
sovereign state
GLOBAL GOVERNANCE IN THE TWENTY-FIRST
CENTURY 4. Global Social Movements
 If states themselves were “highly contingent and in  are movements of people that are spontaneous
flux” (Cerny, 2007, p. 854), it would open the or that merge through enormous grass roots
possibility of the emergence of some form of organization
global governance to fill the void.  Example:
o Contingent – depending on something  Human rights movement –
else that might or might not happen.  Environmental movement – related to
o Flux – a series of changes; continuous public policy
change.  Rights of personal autonomy – issues on
o VOID- not valid or legally binding homosexuality, same-sex marriage, and
gender equality
 The vast flows of all sorts of things that run into
and often right through the borders of nation- THE RELEVANCE OF STATE AMID
states (flow of digital information of all sorts GLOBALIZATION
through internet)
 Mass migration of people and their entry, often 4 major sources of collective insecurity:
illegally, into various nation-states (the flow of 1. Terrorism
2. Economic globalization
drugs, laundered money, those bought and sold in
3. Threats to national identity due to
sex trafficking, etc.) (Levy and Sznaider, 2006)
immigration
4. Global diseases such as AIDS
Effects of Globalization to Governments
• Accdg. To Beland (2008), he argued that “the role
1. TRADITIONAL CHALLENGES of the state is enduring- and even increasing- in
• External Intervention - invasion by other countries
advanced industrial societies”.
 Ex. - When Saddam Hussein take over the
• Economic globalization – leading problems such as
oil fields of Kuwait - Russia’s external
outsourcing and downsizing.
intervention into the affairs of Ukraine
• The state does not only respond to these threats,
• Internal Intervention
but may also exaggerate or create dangers,
 Ex. Arab Spring in Egypt 2.
thereby making its citizens more insecure
(Glassner, 2000)
2. Challenges from National/Identity
 EX. : US and British gov’t arguments prior to
Movements
the 2003 war with Iraq that Saddam
 different people with different identities can
Hussein had WMDs that posed a direct
live in different states
threat to the US and UK.
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 The US even claimed that Iraq could kill millions by  “three of the most cutting-edge aspects of the
using offshore ships to lob canisters containing social world in general and globalization in
lethal chemical or biological material into particular” (Ritzer, 2015, p. 134)
American cities.
 The collective insecurity created by such claims Informationalism
helped foster public opinion in favor of invading  associated with computer science, modern
Iraq and overthrowing Saddam Hussein. telecommunication that replaces industrialism
(Castells, 2004)
GLOBALIZATION and GLOBALISM
 Is there a difference? Internet
GLOBALISM GLOBALIZATION  mark of the contemporary world
• Refers to the network • The increase or decline
of connection that in the degree of INFORMATIONALISM:
transcends distances of globalism  The creation of the world’s first container ship in
different countries in the • The speed in which 1956
world they become linked with  The founding of Federal Express (FedEx) in 1970s
• The links among one another  The invention of MRIs, Ultrasound, CT scan
countries and people • As it becomes thicker,  The launching of satellites for military
• Thin (Nye, 2002) globalization happens surveillance, GPS

INTERNATIONALISM
o Global trade – Silk road served as the trade
 A political principle which transcends nationalism
routes among countries in Europe and in Asia.
and advocates a greater political or economic
o Even before the Industrial Revolution, the world cooperation among nations and people
was already connected. Through the conquest of  The principle of cooperation among nations, for
different empires. the promotion of their common good, sometimes
o Today, the contemporary world is characterized by as contrasted with nationalism , or devotion to
being connected through internet, modern the interests of a particular nation
transportation, advanced technologies. Therefore,
in the world always been connected. What makes it 3 Types of Internationalism (Fred Halliday)
different is the type and speed of connection that
people and societies experience. Liberal Internationalism
 Liberal internationalism is the belief that
4 Distinct Dimension of Globalism (Nye, through interaction and cooperation, common
2002) goals can be achieved within nations and
1. Economic Military nation-states
 the enormous speed of potential conflict and  Ex. Peace and Prosperity
threat of nuclear war  Liberal states should intervene in other
2. Environmental Globalism sovereign states in order to pursue liberal
 global warming continues to accelerate objectives
 Ex. Military intervention and
3. Social and Cultural Globalism Humanitarian aid
 involves movements of ideas, information,  Nation-states create regional trading bloc, and
images and of people who carry ideas and encourage free trade Hegemonic
information with them Internationalism
 religious ideas have spread throughout the
world at greater scope and speed Hegemonic internationalism
 religious teachings are delivered today through  is the belief that the world is being integrated
the mass media, such as televisions, radio and based on unequal terms with the dominance
the internet of one nation or nation-state over others
 Ex. Britain’s colonies for 200 years
Technology, Media, Internet  English is now the language of power, and this
is due to international communication

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 Ex. Colonization and globalization  founded in 1967 by the five Southeast
 Many people believe you achieve security and Asian nations of Indonesia, Malaysia,
prosperity when hegemonic internationalism Philippines, Singapore and Thailand
occurs and a few nations take the leading role  ASEAN Plus Three Forum in 1997 which
Revolutionary Internationalism included China, South Korea, and Japan

Revolutionary internationalism C. Asia-Pacific Economic Cooperation (APEC)


 is the belief that international factors and  is a regional economic forum established in
alliances determine conflicts within society 1989 to leverage the growing interdependence
 Revolution can be radical or extreme change of the Asia-Pacific and aim to create greater
but it doesn’t need to be violent prosperity for the people of the region by
 Ex. Environmentalism or feminism may promoting balanced, inclusive, sustainable,
exemplify revolutionary innovative and secure growth and by
internationalism accelerating regional economic integration

INSTITUTION THAT GOVERN INTERNATIONAL APE’s 21 Members


RELATIONS APEC Members Date of Joining
Australia 6-7 Nov 1989
A. NATO(North Atlantic
Brunei Darussalam 6-7 Nov 1989
Treaty Organization)
 it is a defensive treaty or Canada 6-7 Nov 1989
a military alliance Chile 11-12 Nov 1994
between the United People's Republic of 12-14 Nov 1991
States, Canada, and 25 European Countries China
 based on the idea of collective security Hong Kong, China 12-14 Nov 1991
 created after the 2nd World War, mostly during Indonesia 6-7 Nov 1989
the beginning of the Cold War Japan 6-7 Nov 1989
Republic of Korea 6-7 Nov 1989
B. Association of Southeast Asian Nations Malaysia 6-7 Nov 1989
(ASEAN) Mexico 17-19 Nov 1993
 Is an intergovernmental New Zealand 6-7 Nov 1989
organization aimed primarily Papua New Guinea 17-19 Nov 1993
at promoting economic Peru 14-15 Nov 1998
growth and regional stability The Philippines 6-7 Nov 1989
among its members. Russia 14-15 Nov 1998
 10 ASEAN member states Singapore 6-7 Nov 1989
Chinese Taipei 12-14 Nov 1991
Thailand 6-7 Nov 1989
The United States 6-7 Nov 1989
Viet Nam 14-15 Nov 1998

  Why was it set up?

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 Consists of 26 sovereign states and several
territories.
 Includes all the Portuguese and Spanish- speaking
GLOBAL DIVIDES: The Global North nations
 Colonized either by Spain and Portugal
and Global South

G

lobal Stratification
 the hierarchical arrangement of individuals
and groups in societies around the world.
 Stratification
 refers to the range of social classes that result
from variations in socioeconomic status.

 the term “Global North”


and “Global South” are a
way for countries in the Global
South to make a stand South
Globa about the common • The
l issues, problems, and Carribean,
North Latin America,
even causes in order to
• First South America,
have equality all
world Africa and
countries throughout the world parts of Asia
 The differences between (Third World
them are shaped by Countries
migration and
globalization
MAP of LATIN AMERICA

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