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Globalization and Global Governance
Globalization and Global Governance
2. What is a "nation-state"?
A nation-state is a territorially bounded sovereign government (i.e., a state)
ruled in the name of a group of citizens who identify as a nation.
European Union
- VISION- “where people in all our regions and cities can realize their full
potential. We aim for lasting improvement in the economy.
- Mission- “to guarantee peace, freedom and security in and around Europe.
To promote and protect democracy and universal rights in Europe and
around the world. To strengthen Europe’s economy and to promote solidarity
around Europe by working in partnership with national, regional and local
government.
- Goals- “To offer EU citizens freedom, security and justice, without internal
borders, while also controlling external borders. To work the sustainable
development of Europe, promoting equality and social justice. To establish
an economic union, with the euro as its currency.
- Activities- “The core activities of the EU, including the customs union,
business competition rules, trade agreements, and for eurozone countries,
monetary policy.
4. Identify and discuss at least three of the most pressing problems in the global
South and come up with viable recommendations as to how to address these
problems.
Some countries in the Global South are experiencing so-called poverty, a
lack of human rights, and natural resource depletion and misuse. The global
south's problems decrease their productivity and stifle their economic
growth. Due to its ease of sale and great demand, fossil fuels remain the
primary source of income in the global south. Globalization has sucked the
poor of the south's resources and knowledge into the global market,
depriving them of their life-support systems, livelihoods, and lifestyles.
However, globalization enables businesses to develop more cost-effective
ways to manufacture their goods. It also boosts global competition, which
lowers prices and provides customers with a wider range of options. Reduced
expenses enable individuals in both poor and rich countries to live more
comfortably and less money.