REVIEWER IN THE CONTEMPORARY WORLD
Nations (FAO)
THE GLOBAL INTERSTATE SYSTEM
Global Interstate System – is an institutional
arrangement of governance
Internationalism – puts emphasis on diversity and
celebrates multiculturalism
Non-State Governments – scale and scope and limited
in addressing regional and global issues
- Actors on Non-State are:
 NGOs
 Advocacy Networks
 Voluntary Association
 Interest Groups
Glocalization or Internal Globalization – the shift of
authority to actors above and below the state.
United Nations – 192-member state
- Seen as the facilitator of global governance
INTERNATIONAL ORGANIZATION
International Monetary Fund (IMF)
- Looks at the stability of international monetary
system
World Trade Organization (WTO)
- Regulates international trades, ensure smooth
flow of trade and provides a forum negotiation
for trade agreements
World Health Organization (WHO)
- Responsible for Global Researches on medicines
and vaccines
Organization for Economic Cooperation
Development (OECD)
- 35 member countries aim to stimulate
economic progress and world trade
International Labor Organization (ILO)
- Deals with labor problem and international
labor standards and social protection for
workers
Food and Agriculture Organization of the United
- Leads international efforts to defeat hunger,
eliminate food security and malnutrition
United Nations Educational, Scientific and Cultural
Organization (UNESCO)
- Contributes to peace and Security by promoting
international collaboration through educational,
scientific and cultural reforms.
International Civil Aviation Organization (ICAO)
- For regulation of international air transport
International Maritime Organization (IMO)
- Shipping and prevention of pollution at sea
International Telecommunication Union (ITU)
- Developing standards on ICT
The World Intellectual Property Organization (WIPO)
- International Intellectual property rights
standard
Globalism vs Internationalism
- Internationalism is defined as political,
economic, and cultural cooperation between
nations.
- Globalism is an ideology based on the belief
that flow of people, goods, and information
should flow freely across national borders.
MARKET INTEGRATION
Market Integration
and
- Is a process by which economies are becoming
more independent and interconnected.
International Financial Institutions (IFIs)
- Are institutions that provide support through
loans or grants and technical advices
Corporations
- Are private institutions that produce or
manufacture goods, product, and services for a
more expanded market
Two Kinds of Market Integration

Horizontal Integration

- Happens when a firm gains control of other

firms performing similar marketing functions at
the same level in the marketing sequence

Vertical Integration

- Happens when one company owns the

operations and products from one stage to
other along the supply chain

Multinational Companies (MNCs)

- Provide central decisions

- Main carriers of economic globalizations
- Examples of MNCs are:
 Procter & Gamble
 Facebook
 McDonald’s
 Sony Corporations
 Microsoft
 Unilever

Transitional Corporations (TNCs)

- Provide individual foreign market investment to

have their own operations and system.
- Examples of TNCs are:
 Apple Inc.
 Nestle
 Ford Motor
 General Electric
 Shell
 Accenture

CONTEMPORARY GLOBAL GOVERNANCE

Global Governance

- Collective efforts to identify, understand and

address world wide problems