NEOLIBERALISM

MARKET economic freedom

There’s a minimal
INTEGRATION government interference
into the
economic
ECONOMIC GLOBALIZATION issues of
growth in international trade, individuals &
society
investment, & capital flows
through
PRIVATIZATION,
FREE TRADE, &
DEREGULATION

BROAD & INCLUSIVE

N
defines globalization as a borderless world

O
(Ohmae, 1992)

I
globalization connects societies, culture,

T
politics, & economies. (Kiely & Marfleet,

A
1998)

LIZ
BA
LO NARROW & EXCLUSIVE

G
more specific & limiting in terms of application.
dominates locals first before internationalizing.
example: Jollibee, Mcdo, Nike

METAPHORS OF GLOBALIZATION
Solid
Liquid
Flow

N A L LAW t i o n s
INTERNA N A T IO r e g u l a &
T
t r e a t i e IONAL AGGR
R & s
EEMENT INTEn o f r uel etsh e r itgahtte s .
s t a t e ss s i g n e d b y ctio fin fs
tha a nu c o l l e t h a t d ea t i o n s o
r u l e s to e s t a b l i s h gm b e r o f oblig
f cond
uct lobal
GLOBAL
GOVERANCE