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1、GLOBALIZATIONYorubadrummersinErin-Osun,Nigeria,1997WHATISTHEGLOBE?CULTURALLYSPECIFICSETOFCOMMITMENTSRELATIONSHIPSSETOFPRACTICESWHATISGLOBALIZTION?ACTIVATINGYOURCOMMITMENTSCONNECTINGACROSSDIFFERENCEFORGINGNEWRELATIONSHIPSSPREADANDCONNECTEDNESSOFPRODUCTION,COMMUNICATION,ANDTECHNOLOGIESACR
2、OSSTHEWORLDDEBATESIsglobalizationneworold?Isglobalizationgoodorbad?3.Isglobalizationreally“global”orinclusiveofallpeople?5ASPECTSOFGLOBALIZATIONECONOMICTECHNOLOGICALCULTURALPOLITICALMILITARYTHESEASPECTSAREALLINTERCONNECTED!*********************Afterthislecture,canyougive1exampleofeachof
3、theabove?1.ECONOMICGLOBALIZATIONEARLYCAPITALISTIDEAS:1.“FreeMarketEconomy”(AdamSmith,WealthofNations,1776)Marketis“free”fromStatecontrol2.Divisionoflabor3.CompetitionEconomicGlobalizationTODAY:EconomiesAreIncreasinglyLinkedTogetherEXS:NAFTA(MX,CA,US),TheEU,WTO(WorldTradeOrganization)WTO
4、OnlyglobalinternationalorganizationdealingwiththerulesoftradebetweennationsGoal:helpproducersofgoodsandservices,exporters,andimportersconducttheirbusinessECONOMICGLOBALIZATIONMULTI-NATIONALCORPORATIONSOLD:DutchEastIndiaCompany?1602companyofDutchmerchants&independenttradingcompaniesSpice
5、trademonopolyinEastAsiaPowertocolonizeterritories&enslaveindigenouspeopleIndonesia&SouthAfricaECONOMICGLOBALIZATIONNEW:Nike,Wal-Mart,Royal/DutchShellTop100multinationalsareallUS-ownedcompanies!Royal/DutchShell:globalgroupofenergyandpetrochemicalcompanies,operatinginmorethan140countriesa
6、ndterritories,employingmorethan112,000peopleEconomicGlobalizationinAFRICALittleIndustryandTechnologyCaneconomicglobalizationcanhelpreducepoverty?“BrainDrain”Debt(IMFloans)AFcountriescan’tevenpaybackinterest300millionppleliveonlessthan$1/day48%ppleinsub-SaharanAFinextremepoverty(lessthan
7、750calories/day)2001IndexforForeignInvestmentinAfricawas“0”Gapbetweenrichandpoorincreasing2.TECHNOLOGICALGLOBALIZATION“WorldWideWeb”hasexplodedinlast10yearsComputerscanmovemoneyaroundworld=“financecapital”SiliconValleyis9thlargesteconomyinworld!AfricaNumberoftelephonesisdecreas
