Professional Documents
Culture Documents
AND
DEVELOPMENT
LESSON OBJECTIVES
MODULE 2:
Examine the historical path of globalisation by identifying the policies and international commitments
and the effects of the implementation of local, national, and global issues.
Technology
https://www.youtube.com/watch?v=evjG5voVSFk&t=61s
VIDEOS ON https://www.youtube.com/watch?v=Xc0bR9tiDyU
WHAT IS
GLOBALIZATION
Overview
Globalizations unites the world and encourages free communication, trade and travel.
Facilitators of globalization such as the internet, shipping services and non government and
government organizations encourages and creates the platform for the unhindered movement
of goods and services, people and ideas.
Technology
OF
GLOBALIZATION
World Bank
Transnational Organizations
In the first part of this lesson we learnt that the facilitators of globalization are technologies, entities (government
and non-government organizations) and people that lay the platform that makes globalization possible. The First
facilitator of globalization to be examined will be Technology.
• Technological achievements are the main hubs that harbor all
forms of global transactions. Without technology, globalization
would be impossible. (why?)
• The technologies of the renaissance period propelled the first leg
TECHNOLOGY of globalization as maritime technologies enabled the linking of
AS A western and eastern hemispheres.
TECHNOLOGY
AS A
Transportation technology- land, air and sea
(various types of fuel needed to facilitate this) FACILITATOR
OF
DEVELOPMENT
AI- Artificial Intelligence- creations of programs CONT.
and robotics that can replace/mimic the
productive capacity human resources to enable
the continued uninterrupted production of goods
and accommodation of services so that time zones
and biological limits do not hinder global
business.
https://www.youtube.com/watch?v=jJNjut4yRLA&t=27s
Overview
TECHNOLOGY AS
A FACILITATOR
OF
GLOBALIZATION
Without technology, Globalization is impossible CONT.
WORLD TRADE
ORGANIZATION
AS A
FACILITATOR OF
Though the name WTO was officially being used
DEVELOPMENT. starting in 1995, the organization’s predecessor
GATT (General Agreement on Tariffs and Trade)
was established in the wake of World War Two.
WTO CONT.
• https://youtu.be/3Gqq2sBWai4
• Lesson Objectives
• Describe the formation or history of the following
organizations:
• i. IMF ii. World Bank iii. EPA iv. MNC
• Discuss the advantages and disadvantages of the following
facilitators to globalization.
GLOBALIZATI
• i. IMF ii. World Bank iii. EPA iv. MNC
ON LESSON 2
• Distinguish between the work of the three major facilitators:
IMF, WTO and World Bank.
• Highlight specific examples of the work of IMF, WTO and
World Bank in the Caribbean.
• Understand the nature of the global economy and trade,
especially for developing countries.
• Discuss the impact of globalization on the following
sectors of the Caribbean:
• (i) industry and commerce;
• (ii) distributional sector (stores);
GLOBALIZATI • (iii) labour;
ON LESSON 2 • (iv) technology;
OBJECTIVES • (iv) ideology;
CONT. • (v) popular movements
• Explain the Caribbean's response to the impact of
globalization.
• Understand the nature and impact of globalization on
their daily lives.
• The Impact and response to globalization in the Caribbean
• industry and commerce;
• distributional sector (supermarkets, department stores);
GLOBALIZATI
ON LESSON 2 • labour;
OBJECTIVES • technology;
CONT. • popular movements: Caribbean Association for Feminist
Research and Action (CAFRA), Women’s Action for New
Directions (WAND), Environmental and Social Justice
Non-Governmental Organisations.
• Origin of IMF:The origin of the IMF goes back to the
days of international chaos of the 1930s. During the
Second World War, plans for the construction of an
international institution for the establishment of monetary
order were taken up.At the Bretton Woods Conference
GLOBALIZATI here eld in July 1944, delegates from 44 non-communist
ON LESSON 2: countries negotiated an agreement on the structure and
THE IMF operation of the international monetary system.
• The Fund provides financial assistance. It includes credits and loans to member
countries with balance of payments problems to support policies of adjustment
and reform. It makes its financial resources available to member countries
through a variety of financial facilities.
• It also provides concessional assistance under its poverty reduction and growth
IMF CONT. •
facility and debt relief initiatives.
• Videos
• https://youtu.be/WG72yk60tbA
• https://youtu.be/MhrC2_Hak08
• What is the World Bank?
• The World Bank functions as an international organization
that fights poverty by offering developmental assistance to
middle-income and low-income countries. By giving loans
and offering advice and training in both the private and
THE WORLD public sectors, the World Bank aims to eliminate poverty by
BANK helping people help themselves. Under the World Bank
Group (WBG), there are complementary institutions that
aid in its goals to provide assistance.
• The World Bank Group (WBG) was established in 1944 to
rebuild post-World War II Europe under the International
Bank for Reconstruction and Development (IBRD).
• Membership of the World Bank
• To become a member, a country MUST first join the IMF. The size of
the World Bank's shareholders, like that of the IMF's shareholders,
depends on the size of a country's economy. Thus, the cost of a
subscription to the World Bank is a factor of the quota paid to the IMF.
• There is an obligatory subscription fee, which is equivalent to 88.29%
WORLD BANK of the quota that a country has to pay to the IMF. In addition, a country
is obligated to buy 195 World Bank shares (US$120,635 per share). Of
CONT. these 195 shares, 60% must be paid in cash in U.S. dollars, while
5.40% can be paid in a country's local currency, in U.S. dollars, or in
non-negotiable non-interest bearing notes.
• The president of the World Bank comes from the largest shareholder,
which is the United States, and members are represented by a board of
governors. The U.K, France, Germany and Japan make up the other
top shareholders that dictate the operations at the WB.
• World Bank Summary
• In summary, the main mandate of the World
Bank is to end extreme poverty, by reducing the
share of the global population that lives in
WORLD BANK
extreme poverty to 3% by 2030 and to promote
CONT. shared prosperity, by increasing the incomes of
the poorest 40% of people in every country.
• Video
• https://youtu.be/F59fF-xu-bY
• What is an EPA?
HIP
reciprocal economic integration and
participation. The agreements have proven to be
AGREEME
quite popular around the world in the beginning
of the 21st century, with nations in Europe,
NT EPA
Asia, Africa and the Pacific region all joining
forces to survive and compete in today's
turbulent international economic environment.
• The CARIFORUM EPA
• In October 2008 Antigua and Barbuda, The Bahamas, Barbados,
Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, Saint
Vincent and the Grenadines, Saint Kitts and Nevis, Suriname, Trinidad
and Tobago, and the Dominican Republic signed the CARIFORUM-
EU-EPA.
• The Economic Partnership Agreement (EPA) between the Caribbean
EPA CONT. Forum (CARIFORUM - CARICOM member states and the Dominican
Republic) and the European Union (EU) is the new trade agreement
which replaces the chapters on trade in the Cotonou Agreement. This
initiative is a response to the challenges of globalization and
development, and establishes a new trading relationship with the 27
members of the EU in conformity with World Trade Organisation
(WTO) rules and regulations. This will bring closure to the
preferential, non-reciprocal trade regimes which previously governed
trade between CARIFORUM and the EU.
• Functions of the EPA
• The main functions of the EPA are:
• To help the two regions invest in and trade with each other
• To provide predictable EU market access for these
countries
EPA CONT. • To gradually open the EU market in services, including
creative and entertainment industries
• To ensure a duty-free-quota-free market access into the
EU for all products
• makes it possible for CARIFORUM companies to set up a
commercial presence in the EU
• EPA Summary
• The central objective of EU-ACP cooperation is the
reduction of poverty based on the guidelines of
sustainable development and through the integration of
ACP (African Caribbean and Pacific Group of States)
countries into the Global economy. EPA CONT.
• The EPA is a comprehensive cooperative framework
which encompasses a holistic approach to development
by focusing on the objectives and principles set out in the
Cotonou Agreement.
• Video
• https://youtu.be/KyfdCuJTfJ0
EPA CONT.
Lesson Objectives
Definition of Integration
Geography
Development continued
There would be a senate of 19 nominated members and a House of Representative of 45 elected members.
There would be a Governor General, Prime Minister and 10 ministers. The federal seat of government would
be in Trinidad.
Elections were held in March 1958 with the West Indies Federal Labour Party (WIFLP) supported by N.W.
Manley, Eric Williams and Grantley Adams defeating the Democratic Labour Party (DLP) supported by
Bustamante and Gomes WIFLP 26 to 19 seats.
This integration step was mainly a political one but lasted only four years.
THE WEST INDIES FEDERATION
WEST INDIAN
A conglomerate of
cooperation used to
FEDERATION
Promote regional economic
alleviate the financial
and political cooperation
burdens of maintaining a
colony.
Create a more
formidable
force in
lobbying for
international
recognition
THE WEST INDIES FEDERATION
• Aims of CARIFTA
• region open up to free trade
• a larger market and enhanced economic
growth
• Success of CARIFTA
• Cooperation under CARIFTA was
deepened and evolved into CARICOM.
(Caribbean Community/Common Market)
• CARIFTA Games
CARICOM
Member States Members include Antigua and Barbuda, The Bahamas, Barbados,
Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint
Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines,
Suriname, and Trinidad and Tobago.
CARICOM
• Aims of CARICOM
• improvement in economic development
through trade liberalization (removal of trade
barriers)
• functional cooperation in areas such as health,
law, education, culture, broadcasting,
transport, meteorologicalservices, technical
assistance, disaster management
• Common policies in dealing with non-
member states and transnational companies.
CARICOM
• Achievements of CARICOM
• https://youtu.be/zxfaWV5mYKM
• https://youtu.be/D10QQ3R8Mmo
• https://youtu.be/bHQ-WL_rm9M
• Difficulties being faced by CARICOM
• Overall, there are wide differences among these
countries in resource endowments; human
capital; economic infrastructure; and
CARICOM institutional capabilities. Their associated export
specializations suggest that divergence and
differentiation rather than convergence and
homogeneity will continue to be the norm in the
near future.
• Nationalists ambitions of regional states
THE OECS
The Organisation of
The OECS is now a nine
Eastern Caribbean States
member grouping
(OECS) came into being As the islands gained
comprising Antigua and
on June 18th 1981, when their independence from
Barbuda, Commonwealth
seven Eastern Caribbean Britain it became evident
of Dominica, Grenada.
Organization of Eastern countries signed a treaty that there was need for a
Montserrat, St Kitts and
Caribbean States agreeing to cooperate more formal arrangement
Nevis, St Lucia and St
Development with each other and to assist with their
Vincent and the
promote unity and development efforts. So it
Grenadines. Anguilla and
solidarity among the was that the OECS was
the British Virgin Islands
Members, known as the established.
are associate members of
Treaty of Basseterre. (St.
the OECS.
Kitts and Nevis)
THE OECS
ACS Development
The ACS came into being 1995 by the Treaty of Cartegena. This grouping is
made of English, Spanish, French and Dutch speaking territories of the region
with the secretariat located in Trinidad.
Background Originally started as an The UWI came into being on It initially started as a school The UWI have produces
independent offshoot of the recommendation of the of agriculture, and over time numerous Caribbean heads of
University of London, The Moyne Commission that was expanded to what is is today. state (executive and titular),
University of the West Indies established in early 1940’s to and have been the center of
currently serves 17 English- examine the main causes of various political and race
speaking regional territories, the riots and uprisings of the based uprisings staged to
offering undergraduate and 1930’s throughout the demand the better treatment
postgraduate degrees in Caribbean. of Caribbean blacks.
numerous fields of study: the
arts, sciences, business, law,
the humanities.
THE UNIVERSITY OF THE WEST INDIES
EXAMINATION by them.
CXC CHALLENGES AND CERTIFICATION IN SOME CXC HAVE OFTENTIMES BEEN COMMUNICATION BETWEEN
SUGGESTED AREAS COME LONG AFTER VIEWED AS AN INSTITUTION THE COUNCIL AND TEACHERS
IMPROVEMENTS INDUSTRIES HAVE BEEN CENTRED ON SERVING THE IN THE REGION IS
ESTABLISHED IN CERTAIN LARGER TERRITORIES AS OFTENTIMES LACKING.
FIELDS. THIS HAS LED TO OPPOSED TO, THE SMALLER
CARIBBEAN CITIZENS CARIBBEAN TERRITORIES.
CLAMOURING TO SEEK
QUALIFICATIONS -
ESPECIALLY TECHNOLOGICAL
FIELDS- OUTSIDE THE
REGION, IF THEY SEEK TO BE
PIONEERS IN CERTAIN
TECHNOLOGICAL FIELDS.
• Background
• It was established in October 1974 within the University of the West Indies (UWI),
based at Mona, Jamaica but its reach extends throughout the region. A large number
of Caribbean media executives, journalists and PR practitioners were trained at
CARIMAC and continue to interact with the institution in various ways.
THE CARIBBEAN • UNESCO and the German foundation called Friedrich Ebert Stiftung (FES) partnered
with the government of Jamaica and the UWI in establishing CARIMAC. The
INSTITUTE OF Institute was created to give regional communicators a Caribbean orientation and
MEDIA AND professional grounding towards regional development.
COMMUNICATION • When the new Institute opened its doors 40 years ago, it welcomed 31 students drawn
from territories across the region. This first cohort pursued a one-year diploma in
Mass Communication. Three years later, in 1977, 'Mass Comm' as it was then called,
extended its offering to include a combined degree of Mass Communication with
Social Sciences. This degree was replaced in the year 2000 by the Bachelor of Arts in
Media and Communication, under which students specialized respectively in
Journalism for Print, Radio and TV, as well as in Multimedia and Social Marketing.
THE CARIBBEAN INSTITUTE OF MEDIA AND
COMMUNICATION
CHALLENGES AND SUGGESTED GLOBALISATION PRESENTS HARSH THE SURVIVAL OF CARIBBEAN HINGES
IMPROVEMENTS REALITY FOR SMALL STATES. ON OUR PREPAREDNESS TO FACE OPEN
INTERNATIONAL COMPETITION AND TO
ADAPT TO TECHNOLOGICAL
DEVELOPMENTS.
THE CARIBBEAN DEVELOPMENT BANK
The CDB provides expert and technical advice to the banks and member countries in
the region in helping with complex projects where nations lack expertise and also
determine feasibility of or carry out projects.
THE CARIBBEAN DEVELOPMENT BANK
Achievements
The security arrangement provided for cooperation in areas such as natural disasters, pollution
control, maritime policing duties, smuggling prevention, search-and-rescue operations,
immigration, customs and excise control, and fisheries protection.