The document discusses several topics related to globalization and international relations. It identifies both positive and negative effects of globalization on governments. Positively, globalization has increased interconnectivity between countries and expanded foreign trade. However, it has also led to job losses in developed countries and exploitation of labor in lower-cost nations. The document also outlines several key international institutions that govern relations, such as the UN, World Bank, IMF, and WTO. Finally, it differentiates internationalism, which focuses on cooperation among sovereign nations, from globalism, which promotes freer movement of people, goods and information across borders.
The document discusses several topics related to globalization and international relations. It identifies both positive and negative effects of globalization on governments. Positively, globalization has increased interconnectivity between countries and expanded foreign trade. However, it has also led to job losses in developed countries and exploitation of labor in lower-cost nations. The document also outlines several key international institutions that govern relations, such as the UN, World Bank, IMF, and WTO. Finally, it differentiates internationalism, which focuses on cooperation among sovereign nations, from globalism, which promotes freer movement of people, goods and information across borders.
The document discusses several topics related to globalization and international relations. It identifies both positive and negative effects of globalization on governments. Positively, globalization has increased interconnectivity between countries and expanded foreign trade. However, it has also led to job losses in developed countries and exploitation of labor in lower-cost nations. The document also outlines several key international institutions that govern relations, such as the UN, World Bank, IMF, and WTO. Finally, it differentiates internationalism, which focuses on cooperation among sovereign nations, from globalism, which promotes freer movement of people, goods and information across borders.
The document discusses several topics related to globalization and international relations. It identifies both positive and negative effects of globalization on governments. Positively, globalization has increased interconnectivity between countries and expanded foreign trade. However, it has also led to job losses in developed countries and exploitation of labor in lower-cost nations. The document also outlines several key international institutions that govern relations, such as the UN, World Bank, IMF, and WTO. Finally, it differentiates internationalism, which focuses on cooperation among sovereign nations, from globalism, which promotes freer movement of people, goods and information across borders.
Professor 1. Explain the Effects of Globalization on Governments.
2. Identify the Institutions that Govern International
Relations
3. Differentiate Internationalism from Globalism
Interstate System - is define as a system of international relations.
Global Interstate System - is the interactions of
various states in international relations to provide stability of all nations around the globe through the implementation of international policies or international treaties. Ex. The Treaty of Westphalia (1648) – the treaty entered into between the Catholics and Protestants to end the thirty years war in Central Europe. Globalization is the way that countries and people around the world have become more connected and interdependent economically, politically, and socially. Globalization brought positive and negative effects to governments.
Among the Positive Effects of Globalization to
Governments are: •Countries have become more interconnected, they have needed to work together to protect the environment or to fight terrorism that led to the development of world government. •Globalization tend to be the realm of elite because in many parts of the world they are the only people who are affluent enough to buy many of the products available in the global marketplace. •Globalization has created and expanded foreign trade in the world. •Things that were only found in developed countries can now be found in other countries across the world. People can now get whatever they want and from any country. • Another positive effects of globalization is the improved quality of products due to globe competition. • World becomes smaller and smaller, because of modern technologies. Negative Effects • In developed countries people have jobs insecurity. People are losing their jobs. Developed nations have outsourced manufacturing and white collar jobs. That means less jobs for their people. This is because the manufacturing work is outsourced to countries where the costs of manufacturing goods and wages are lower than in their countries. • Globalization has led to exploitation of labor. Safety standards are ignored to produce cheap goods. Negative Effects Globalization has led to fluctuation in price. Due to increase in competition, developed countries are forced to lower down their prices for their products, this is because other countries like China produce goods at a lower cost that makes goods to be cheaper than the ones produced in developed countries. Several institutions that governs international relations are the following: a. United Nation, with 192 member states, it is seen as the facilitator of global governance (Meyer, 2011). b. Regional Commissions, a group of officials from the different countries that instruct and debate, and are in-charge of making certain laws promulgate certain rights for economic and social development (CEPAL et al. 2015). Example of these are: 1. Economic Commission for Africa (ECA); 2. Economic Commission for Europe (ECE); 3. Economic Commission for Latin America and the Carribbean (ECLAC); 4. Economic and Social Commission for Asia and the Pacific (ESCAP); and 5. Economic and Social Commission for Western Asia (ESCWA) Several institutions that governs international relations are the following: c. World Bank (WB), an international financial institution that provides loans to countries of the world for capital projects. Established during the Bretton Woods Conference in 1944 and include other members like the International Bank for Reconstruction and Development (IBRD); International Development Association (IDA); International Finance Corporation (IFC); and the Multilateral Investment Guarantee Agency (MEGA). (The World Bank, n.d.). This institutions provide loans to middle income countries and even private sectors in developing countries to create markets and improve local economies. Other institutions that governs international relations are the following: c. International Monetary Fund (IMF), looks for the stability of the international monetary system by monitoring global economy, lends to countries, and provides policy and technical advisory functions to members (Maverick, 2019). d. World Trade Organization (WTO), regulates international trades, ensures smooth flow of trade, and provides a forum for negotiations for trade agreements among countries and regions of the world (IMF, 2019). f. World Health Organization (WHO), responsible for global researches on medicines and vaccines including the World Health Report and Survey. g. Organization of Economic Cooperatiaon and Development (OECD), thrity five member countries aims to stimulate economic progress and world trade by providing a platform to compare policy experiences and identify good practices in domestic and international economic policies and programs of its members. h. International Labor Organization (ILO), deals with labor problems and international labor standards and social protection for workers. i. Food and Agriculture Organization of the United Nations (FAO), leads intenational efforts to defeat hunger, eliminate food insecurity and malnutrition, and increase resilience of livelihoods and food. j. UNESCO, contributes to peace and security by promoting international collaboration through educational, scientific, and cultural reform. k. International Civil Aviation Organization (ICAO), International l. Maritime Organization (IMO), International Telecommunication Union (ITU), The World Intellectual Property Organization (WIPO) – for regulations of international airport; shipping and prevention of of pollution at sea; developing standards on ICT; international intellectual property rights standards. Although the two terms may appear to be similar but there is a conceptual difference between them. Globalism is much wider in meaning, scope and outcome. While internationalism is defined as political, economic and cultural cooperation among nations, globalism is an ideology based on the belief that flow of people, goods and information should flow freely accross nation boarders (Roudometof, 2005; cited by Botor, et.al. 2020). Inspite of these cenceptual differences between the two terms, practically we understand the meaning of the two phenomena. In the contemporary world order, the international exchange witness both Globalism and Internationalism with varying degrees. For example, in International Organization like the WTO, the mode of exchange we witness is a blendof both Internationalism and Globalism. However, Globalism tends to dominate the scenario. While the countries seek cooperation for international trade and respects its other’s independence and decision making. For Listening