QUESTIONS FOR GE3: THE CONTEMPORARY WORLD

FOR ORAL RECITATIONS

LESSON NO.2: ECONOMIC GLOBALIZATION

1. What is IMF and what is its role in global economy (you may use additional sources for this)?
2. How do IMF understand economic globalization?
3. What is UNCTAD and what is its role in global economy (you may use additional sources for this)?
4. What is GATT and what is its role in global economy (you may use additional sources for this)?
5. What is Silkroad? Is this considered the start of globalization? Explain why or why not.
6. How do globalization starts according to Dennis Flynn and Arturo Giraldez?
7. What is Galleon Trade? Mercantilism?
8. What was the Open Trade System that occur in 1897? Discuss
9. How did the World War I (1914-1918) affected the gold standard of the 1897 open trade system?
10. How did the Great Depression (1920s to 1930s) affected by the gold standard of the 1897 open trade
system?
11. According to some economist and by Barry Eichengreen, how did countries recover from the great
depression?
12. What is Fiat Currencies? How does it work? How does it differ from gold standard?
13. What is Bretton Woods System? Why was is it created?
14. What is global Keynesianism? How does it work? What are its institutions and how do they function?
15. What is neoliberalism? How does it work? How does it differ from Global Keynesianism?
16. What is Inflation? What is Stagflation?
17. How do neoliberalism answers the problem cause by global Keynesianism using World Trade
Organization and Washington Consensus?
18. What is Global Financial Crisis? What makes this a problem cause by neoliberalism?
19. How did the US respond to Global Financial Crisis?
20. How would you now describe our global economy? Why do you think it is important for us to discuss all
these things?
FOR LESSON NO.3: GLOBAL POLITICS
1. Differentiate: Internationalization, Internationalism and International Relation.
2. Differentiate: State, Nation and Nation-State
3. What are the basic characteristics of a Nation-State? Explain each
4. Why was the Westphalian System was created? Elaborate
5. How did Napoleon Bonaparte and his Napoleonic code challenge the Westphalian System? Expound.
6. What happened after the defeat of Napoleon Bonaparte in the Battle of Waterloo? What was created?
7. Differentiate: Liberal Internationalism and Socialist Internationalism
8. What are the contributions of Immanuel Kant, Jeremy Bentham, Giuseppe Mazzini and Woodrow Wilson
to the Liberal Internationalism?
9. What is League of Nations? Why was it that it did not prevent the World War II between Axis and Allied
Powers?
10. What was created after World War II that a by product of the failure of League of Nations? What was
its purpose?
11. What are the contribution of Karl Marx, Czar Nicholas II, Vladimir Lenin and Joseph Stalin in Socialist
Internationalism?
12. After the collapsed of Soviet Union under the Socialist Internationalism on 1991, what happened?
13. Why is it important for us to study and understand global politics?