Dr.

Princess Fe
Caballes - Deliva
RULES
1. Be early.
2. Use your phone during activities
which required it, and after the
class only.
3. Be respectful and disciplined
inside and outside the classroom.
COURSE CAT. NO. GenEd 3
COURSE TITLE The Contemporary World THE COURSE SYLLABUS

COURSE CREDIT 3.0 Units

CONTACT 3.0 Hours
HOURS/WEEK
TOTAL CONTACT HOURS 54 Hours
PREREQUISITE None
COURSE DESCRIPTION This course introduces students to the contemporary world by examining the multifaceted
phenomenon of globalization. Using the various disciplines of the social sciences, it examines
the economic, social, political, technological, and other transformations that have created an
increasing awareness of the interconnectedness of peoples and places around the globe. To this
end, the course provides an overview of the various debates in global governance,
development, and sustainability. Beyond exposing the student to the world outside the
Philippines, it seeks to inculcate a sense of global citizenship and global ethical responsibility.

This course also includes mandatory topics on population education in the context of population
and demography.
Globalization
and its Effects
1. Globalization

2. Positive Effects of
Globalization

3. Negative Effects of
Globalization
 Internationalization - "Global" is described as cross-border relations
between countries, and "globalization" incomes a growth of
international exchange and interdependence.

Liberalization - Economic liberalization (or economic liberalisation) is

the lessening of government regulations and restrictions in an economy

M E in exchange for greater participation by private entities. As liberation

"globalization" means a process of removing state-imposed restrictions

HE on movements between countries in order to create an "open",

T
"borderless" world economy.

O N Universalization - Globalization-as-universalization is viewed as

standardization and homogenization with worldwide cultural, economic,

M M legal and political convergence. (Scholte 2005: 16).

CO Westernization or Americanization - The social structures of

modernity like capitalism, rationalism, industrialism, bureaucratism,
individualism, and so on, are spread the world over, normally destroying
earlier existent cultures and local self-determination in the process.
Globalization understood in this way is often interpreted as colonization,
Americanization and "westtoxication.
https://www.youtube.com/wat
ch?v=JJ0nFD19eT8
Disadvantages Keywords Personal Example
Understanding
1. Terrorism
2. Job Insecurity
3. Price
Instability
4. Price
Fluctuations
5.
Environmental
Damage
1.International Trading System

a.The Silk Road

b.The Galleon Trade (Mercantilism)
c.Gold Standard
d.Fiat Currencies
e.The Bretton Woods System
INTERNATIONAL TRADING SYSTEM
The international trade system refers to the network of
laws, regulations, and agreements that govern the
exchange of goods and services between countries. It
includes importing and exporting products and services
across borders and the various rules and regulations that
impact international trade.
1. Barter System
2. Silk Road
3. Galleon Trade (Mercantilism)
4. Gold Standard
5. Fiat Currencies
6. Bretton woods system
Resource to resource
Direct transactions
By land trading (horse, camel and
donkeys)
Silk
Ships, sea trading, china porcelain, and
silver.
More export to lessen import.
Use of gold to buy resources
Bills and coins manipulated by the
government.
International Monetary Fund and World
Bank. Debt for capital
1.Pre-20th Century:
1. Barter System: Before the establishment of formal trade systems, people engaged in barter, exchanging
goods and services directly.
2. Silk Road: Ancient trade routes, like the Silk Road, connected the East and West, facilitating the exchange
of goods, ideas, and cultures.
2.Mercantilism (16th-18th centuries):
1. Nations focused on accumulating wealth through a favorable balance of trade, emphasizing exports and
hoarding precious metals.
2. Colonial powers established colonies to secure raw materials and markets for their goods.
3.Industrial Revolution (18th-19th centuries):
1. Technological advancements led to increased production and global demand for raw materials.
2. European powers expanded their empires and global trade networks.
4.Gold Standard (19th-early 20th centuries):
1. Many countries adopted the gold standard, linking their currencies to a fixed amount of gold, promoting
stability in international trade.
5.Between the World Wars:
1. The global economy faced challenges during the interwar period, marked by protectionist policies,
economic downturns, and the Great Depression.
1.Post-World War II:
1. The Bretton Woods Conference (1944) established the International Monetary Fund (IMF) and the World Bank to
stabilize the global economy.
2. The General Agreement on Tariffs and Trade (GATT) was formed in 1947 to promote free trade through the reduction
of tariffs.
2.GATT Rounds and WTO (20th century):
1. GATT negotiations, including the Uruguay Round (1986-1994), led to the creation of the World Trade Organization
(WTO) in 1995.
2. The WTO aimed to facilitate trade negotiations, resolve disputes, and ensure a rules-based international trading system.
3.Liberalization and Globalization (late 20th century):
1. Countries embraced liberal economic policies, reducing trade barriers and promoting globalization.
2. Emerging markets, like China, became major players in international trade.
4.Challenges and Controversies:
1. Issues such as income inequality, environmental concerns, and disputes over intellectual property rights became central
to trade discussions.
2. Bilateral and regional trade agreements, like NAFTA (North American Free Trade Agreement) and the European Union,
gained prominence.
5.21st Century:
1. Trade tensions and disputes between major economies, such as the U.S. and China, have intensified.
2. The rise of e-commerce and digital trade has presented new challenges and opportunities.
3. The COVID-19 pandemic disrupted global supply chains and highlighted vulnerabilities in the interconnected global
economy.