GRAVADOR, Angel Felice

BSBM 1-7

Contemporary World

1. Is Globalization a beneficial phenomenon or a detrimental phenomenon

As has been noted throughout history, globalization has a reputation for being more
beneficial to business than harmful. Globalization is advantageous to society since the
advantages outnumber the disadvantages. Globalization of culture is no exception.
Cultural globalization brings people from all over the world together.

Globalization means the speed up of movements and exchanges (of human beings,
goods, and services, capital, technologies or cultural practices) all over the planet. One
of the effects of globalization is that it promotes and increases interactions between
different regions and populations around the globe.

According to WHO, globalization can be defined as ” the increased

interconnectedness and interdependence of peoples and countries. It is generally
understood to include two inter-related elements: the opening of international borders to
increasingly fast flows of goods, services, finance, people and ideas; and the changes
in institutions and policies at national and international levels that facilitate or promote
such flows.”

According to the Development Policy Committee for (a subsidiary body of the United
Nations), from an economic point of view, globalization can be result of the growing size
of cross-border trade in commodities and services, the flow of international capital, and
the wide and rapid diffusion of technologies, world economies are becoming
increasingly interdependent. It reflects the growing importance of information in all types
of productive activities and marketization, as well as the continued expansion and
mutual integration of market frontiers.

https://youmatter.world/en/definition/definitions-globalization-definition-benefits-effects-
examples/

2. Can state exist/survive without Globalization? Why? Cite the basis.

Some argue that predatory market forces make it impossible for benevolent
governments to shield their populations from the beasts of prey that lurk beyond their
borders. Others counter that benign market forces actually prevent predatory
governments from fleecing their citizens. Althrough the two sides see different villains,
they draw one common conclusion: omnipotent markets mean impotent policians.
Indeed, this formula has become one of the clichés of our age. But is it true that
governments have become weaker and less relevant than ever before? And does
globalization, by definition, have to be the nemesis of national government?

Globalization is a journey. But it is a journey toward an unreachable destination – “the

globalized world.” A “globalized” economy could be defined as one in which neither
distance nor national borders impede economic transactions. This would be a world
there the costs of transport and communications were zero and the barriers created by
differing national jurisdictions had vanished.

https://www.jstor.org/stable/20050051

3. What is Dependency Theory?

An approach to understanding economic underdevelopment that emphasizes the

putative constraints imposed by the global political and economic order. According to
dependency theory, underdevelopment is mainly caused by the peripheral position of
affected countries in the world economy.

Dependency theories are still important in today’s world for assessing growing
inequities between rich and poor countries, as well as differences within industrialized
and emerging countries. Our civilizations are deeply divided, and inside our own social
fabric, dependent relationships exist.

https://www.mtholyoke.edu/acad/intrel/depend.htm

4. Is there a concept of State equality amongst themselves.

Equality is about ensuring that every individual has an equal opportunity to make the
most of their lives and talents. It is also the belief that no one should have poorer life
chances because of the way they were born, where they come from, what they believe,
or whether they have a disability.

To become active agents for a more fair world, all children and young people should be
aware of their rights and duties. Our work is based on the United Nations Convention on
the Rights of the Child to ensure that Rights and Equality are at the heart of our
programs. Children and young people take the vital step of perceiving their peers as
equals, regardless of their background, when these concepts are taught to them.
Social and Financial education is a significant tool that has the ability to assist countries
in achieving the Sustainable Development Goals. Simultaneously, there is growing
pressure to question the current economic model, which is unsustainable.

Aflatoun programs equip children and young people with the knowledge and skills they
need to improve their life, with the ultimate goal of breaking the poverty cycle. They
learn how to get by and make successful in life despite having very little money or
resources.

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5. Is is possible for the state to comingle in accordance with the world system
theories?

The world systems theory, developed by sociologist Immanuel Wallerstein, is an

approach to world history and social change that suggests there is a world economic
system in which some countries benefit while others are exploited. This theory
emphasizes the social structure of global inequality.

The most prominent figure behind the world-systems theory is the late Immanuel
Wallerstein (1930–2019). World-systems analysis argues that capitalism, as a historical
system, has always integrated a variety of labor forms within a functioning division of
labor world economy. Countries do not have economies but are part of the world
economy. Immanuel Wallerstein developed World Systems Theory and its three-level
hierarchy: core, periphery, and semi-periphery. Core countries are dominant capitalist
countries that exploit peripheral countries for labor and raw materials.

https://socialsci.libretexts.org/Bookshelves/Sociology/Introduction_to_Sociology/Book
%3A_Sociology_(Boundless)/08%3A_Global_Stratification_and_Inequality/8.06%3A_S
ociological_Theories_and_Global_Inequality/8.6I%3A_World-Systems_Theory

6. Give five countries each that falls within the category of core, semi periphery
and periphery countries according to world system theories, and justify their
inclusions.
In world-systems theory, the semi-periphery countries (sometimes referred to as just the
semi-periphery) are the industrializing, mostly capitalist countries which are positioned
between the periphery and core countries. Semi-periphery countries have
organizational characteristics of both core countries and periphery countries and are
often geographically located between core and peripheral regions as well as between
two or more competing core regions.

Core Periphery are Germany, Canada, United States, Japan and Spain.

Semi-Periphery are South Korea, Taiwan, Mexico, Brazil and India.

Finally Periphery are Bangladesh, Benin, Bolivia, Burkina Faso and Burundi.

The tendency for peripheral countries to specialize in a single industry renders their
economies fragile and restricts international investment. They also export raw materials
to core countries, which they rely on for financing.

https://study.com/academy/lesson/world-systems-theory-core-vs-peripheral-
societies.html