Market Integration and

Interstate System
Roselyn Toledo
Kurt Villapaz
Kit Villarosa
 SUMMARY

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Objectives Market Information Interstate System Information
Integration About Market about Interstate
Integration System

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Objectives
• Define Market integration
• Know the types of Economic
Revolution
• Define interstate and state
• The neoliberalism vs.
economic sovereignity
• Understand the effects of
globalization in governance
• Know the institutions that
govern globalization
Market Integration

• It is the fusion of multiple market in marketplaces into

one
Market Integration

Advantage Disadvantage

Easy Selling of There is a price

products discrepancies
And engaging in a lot
of businesses

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 “ Global Market started before
the 20th Century

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 3 types of Economic Revolution​

1. 2. 3.

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AGRICULTURAL
​
INDUSTRIAL INFORMATION
REVOLUTION​ REVOLUTION REVOLUTION

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Interstate System

• It is a whole system of human interactions. The modern

world-system is structured politically as an interstate
system
• A system competing and allying states political scientist
commonly call this the international system, and it is the
main focus of the field of international relations.

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What is State?
• Independently political communities each of which
possesses a government and asserts sovereignty in
relation to a particular portion of the earth’s surface and a
particular segment of the human population.

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NEOLIBERALISM
• The intensification of the influence and dominance of
capital
• Values market exchange capable of acting as a guide to all
human action
• Emphasize the significance of contractual relations in the
marketplace
• Social good will be maximized by maximizing the reach
and frequency market transactions

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ECONOMIC
SOVEREIGNITY
• The power or national governments to market decisions
independently of those made by other governments.

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Effects of Globalization in
local Governments

• Community impact
- Property Values
- Jobs and opportunities
- Community exposure

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 “
THE REALITY

As the world becomes more interconnected through politics,

trade, and communications, the roles of states and
government are also shifting. Thus, national and local
policies are not only based on a local context but also
international and global realities.

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EXAMPLE

“Montreal protocol on substances the deplete the ozone

layer”

Communication, education, media coverage, culture,

resources, investment, and competition.

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How does globalization negatively affects
local governments and local communities?

• Yes, there is a negative side of globalization

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Dilemma for local governments

• A local government would like to attract major global investors

in their community by setting up for instance their
manufacturing firm in their areas. This could generate jobs for
local people and generate income for local businesses.
• Global corporation is also demanding lower taxes and lower
income wage in order to finalize their investment in the area.
They argue that they will create more jobs and more income
from the local community and government

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Institutions that Govern
Globalization
• A Global network
- With the growing globalization the governance of global
relations goes beyond the national government. One country’s
scale and scope are limited in addressing regional and global
issues like climate change, cybercrimes, global financial crises,
and territorial disputes. Aside from the governments, non-state
actors continue to increase their roles in global governance

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Non-State Actors

• Non government organizations, volunteers organizations, and

interest groups.
- The increase of the numbers of international organizations and
the expansion of their functions have undeniably restricted an
individual country’s sovereignty to certain extent. These are
several institutions that govern international relations and affairs.

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International organizations

• United Nations
• World bank
• International monetary fund
• World trade organizations

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United Nations
• 192 members
• Seen as facilities of global governance
• Has regional commission which is composed of officials from
different countries that is in charge of making certain laws
promulgated certain rights for economics and social
development.
World Bank
• Is an international development organizations owned by 187
countries. Its role is to reduce poverty by ending money to the
governments of its poorer members to improve their
economies and to improve of living their people.

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 Other international organizations

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WHO WTO IMF

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Thank you!