TCWD Midterms

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 6

THE CONTEMPORARY WORLD

BSN 2 Y2-2 REVIEWER


A.Y. 2024-2025 2ND SEM.

exchange rate in 1971. The group meets every year to


talk about economic policies and has taken on many
OUTLINE
initiatives throughout the years, including an initiative for
I Midterms Topic the world’s heavily indebted poor countries in 1996 and
A Global Divides a meeting to discuss the global financial crisis of the
B Asian Regionalism 2000s.
C Global Media Cultures
D Religion and Globalization
THE BRANDT LINE
E Global City ● The Brandt line, a definition from the 1980s dividing the
world into the wealthy north and the poor south.
GLOBAL DIVIDES
NORTH SOUTH
HEMISPHERE HEMISPHERE
GLOBAL NORTH GLOBAL SOUTH
● Rich ● Poor
Home to all members of G8 Largely corresponds ● Industrialized ● Agricultural
and to four (4) of the five (5) with Wealthy Nations Developing Nations
permanent members of UN ● Democratic Capitalist ● Non- Democratic
Security Council Countries Countries

United States, Canada, Africa Latin America


Western Europe CONCEPT OF SOCIOLOGICAL RELATIONS

Developed parts of Asia, Developing Asia


Australia and New Zealand including Middle East MAJOR PREMISE PREVALENT
● The Group of Eight, or G8, was the name of a political 95% of the North has Lacks of appropriate
forum that ran from 1997 until 2014. Devoted to enough food and shelter. technology, no political
addressing global issues such as world hunger, security, Similarly, 95% of the stability, the economies
medicine, and poverty, its membership included the North has a functioning are disarticulated, and
following nations: educational system. In the foreign exchange
○ France the South, on the other earnings depend on
hand, only 5% of the primary product exports.
○ Germany population has enough
○ Italy food and shelter.
○ Japan
○ United States
CONCEPT OF ECONOMIC RELATIONS
○ United Kingdom
○ Canada
○ Russia MAJOR PREMISE PREVALENT
○ The European Union ("non-enumerated"
member) The North - with one The countries with
● The forum that grew into the G8 was founded in the quarter of the world capital will unfortunately
early 1970s. Though it initially included only four population-controls become investors of
member countries (the US, UK, West Germany, and four-fifths of the income countries incapable of
earned anywhere in the developing industry. The
France), it quickly added Japan, Italy, and Canada and world. 90% of the regulation of policies and
became the Group of Seven (G7) in 1976. Russia manufacturing industries laws is the way to attract
accepted an invitation to join in 1997, forming the G8. are owned by and investors.
● However, when Russia annexed the Ukrainian region of located in the North.
Crimea in 2014, its membership in the G8 was
suspended. The remaining members reverted back to The South - with three
the G7 name, and Russia officially withdrew from the quarters of the world
population has access to
group in 2017.
one-fifth of the world
● These seven nations have about 58% of the world’s total income.
wealth at about $317 trillion. Over 46% of the world’s
nominal GDP is represented in these nations.
● The forum was founded in order to facilitate
macroeconomic initiatives following the collapse of the

GABITO, JADE LAWRENCE 1


THE CONTEMPORARY WORLD
BSN 2 Y2-2 REVIEWER
A.Y. 2024-2025 2ND SEM.

IMPLICATIONS
CONCEPT OF NATURAL RESOURCES RELATIONS ● Outlined the historical progression terms of a society’s
capacity to produce and consume material goods.
MAJOR PREMISE PREVALENT (Modernization Theory, Rostow).
● The sameness represents the cultural homogenization that
The South's lack of An aftermath effects of many critics have associated with globalization. (Same as
development and the Age of Imperialism of the the rich influenced the poor).
high level of western world ● The spaces of affluence in the developing world may mirror
development of the North the Global North
deepen the inequality ● The spaces of underdevelopment in developed countries
between them and leave
may mirror the poverty of the Global South.
the South a source of
raw material for the ● Global economic integration is not inevitable given the rise
developed countries. of new technologies; it is, more importantly, a normative
international goal. (Globalism: Steger)
The North becomes ● The Dominant ideology of colonialism and the topic that
synonymous with shaped the birth of international order.
economic development
and industrialization
while the South
represents the previously
colonized countries
which are in need of help
in the form of
international aid
agendas.
ASIAN REGIONALISM
TOWARDS ASIAN REGIONALISM
CONCEPTS OF GLOBAL RELATIONS ● The center of gravity of the global economy is shifting to
● Asia. The region’s economy is already similar in size to
those of Europe and North America, and its influence in
MAJOR PREMISE PREVALENT
the world continues to increase.
The underdevelopment Imbalances of Aggregate ● Asia’s economic rise is unprecedented. The region is
of certain states/peoples economics and political home to over half the world’s population, produces three
and their lack of states Interstate tenths of global output (in terms of purchasing power),
representations in global dimensions and consistently records the world’s highest economic
political process is a growth rates.
reality ● Regionalism is a relatively new aspect of Asia’s rise.
Asia’s economies are increasingly connected through
trade, financial transactions, direct investment,
technology, labor and tourist flows, and other economic
relationships.Asian economies are principally connected
through markets— but where markets lead, governments
follow. Asian leaders have committed to work together
more closely and have already taken concrete steps in
some areas.
HOW CAN REGIONALISM BENEFIT ASIA
● link the competitive strengths of its diverse economies in
order to boost their productivity and sustain the region’s
exceptional growth;
● Connect the region’s capital markets to enhance
financial stability, reduce the cost of capital, and improve
opportunities for sharing risks;
● Cooperate in setting exchange rate and macroeconomic
policies in order to minimize the effects of global and

GABITO, JADE LAWRENCE 2


THE CONTEMPORARY WORLD
BSN 2 Y2-2 REVIEWER
A.Y. 2024-2025 2ND SEM.

regional shocks and to facilitate the resolution of global blocs—a “fortress Asia” is no more desirable than a
imbalances; “fortress Europe” or a “fortress North America” would be.
● Pool the region’s foreign exchange reserves to make ● But the open, outward-oriented regionalism that is
more resources available for investment and emerging in Asia can avoid posing such a threat. Just as
development; the absence of barriers to commerce within national
● Exercise leadership in global decision making to sustain economies—that is, among the states and provinces of
the open global trade and financial systems that have countries such as the People’s Republic of China (PRC),
supported a half century of unparalleled economic India, Germany,and the United States (US)—is generally
development; beneficial, so too is the creation of a market spanning
● Build connected infrastructure and collaborate on several national economies. Much of the evidence
inclusive development to reduce inequalities within and assembled in this report suggests that Asia has—and
across economies and thus to strengthen support for will continue to have—a fundamental stake in both
pro-growth policies; and regional and global integration.
● Create regional mechanisms to manage cross-border ● Asia comprises several powerful countries and centers
health, safety, and environmental issues better. of economic activity, with many shared economic
HOW CAN REGIONALISM BENEFIT THE WORLD priorities, but also some diverging ones. At times, these
● Generate productivity gains, new ideas, and competition differences are amplified by history and politics. The
that boost economic growth and raise incomes across price of cooperation is the loss of some national
the world; sovereignty and the narrowing of policy options for
● Contribute to the efficiency and stability of global pursuing purely national objectives.
financial markets by making Asian capital markets GLOBAL MEDIA CULTURE
● Diversify sources of global demand, helping to stabilize MEDIA
the world economy and diminish the risks posed by ● Are the communication outlets or tools used to store and
global imbalances and downturns in other major deliver information or data.
economies; ● Various means of communication
● Provide leadership to help sustain open global trade and
TYPES OF MEDIA
financial systems; and
● create regional mechanisms to manage health, safety,
and environmental issues better, and thus contribute to News Paper Information, Opinion,
more effective global solutions of these problems. Current events, and
News
THE ECONOMIC OF ASIAN REGIONALISM
● The economics of regionalism have a complex and Television System of transmitting
troubled history. visual images and sound
● In the 1930s, countries created preferential trade blocs used for broadcast
in an attempt to shelter their economies from the Great
Internet Network system of the
Depression. interconnected computer
● Several countries established discriminatory currency systems
blocs with strict exchange controls against outsiders. Far
from helping, these arrangements led to the collapse of Traditional/ Old Media Print media such as
international trade and financial flows, accelerating the books, newspapers,
downward spiral of economic activity. magazines, newsletters,
● This experience was foremost in the mind of the journals, pamphlets,
fliers, broadsides,
architects of the post-war global economic system as billboard
they adopted the principle of nondiscrimination as a
central pillar of the General Agreement on Tariffs and New Media Means of communication
Trade (GATT), the forerunner of the World Trade using digital technologies
Organization (WTO). such as :
● Many economists and policy makers remain skeptical Telephone, computers,
about regionalism because of its potentially negative social media, mobile
phones
impact on the multilateral trade and financial system.
● The case for regionalism therefore has to be carefully
formulated. Regionalism must not lead to protectionist

GABITO, JADE LAWRENCE 3


THE CONTEMPORARY WORLD
BSN 2 Y2-2 REVIEWER
A.Y. 2024-2025 2ND SEM.

STAGES OF EVOLUTION ● Nation - states as primary actors in international


PRE-INDUSTRIAL AGE relations. They imputed rich, Industrialized, and Western
nation-states with intentions and actions by which they
● Time before there were machines and tools to help
export their cultural products and impose their
perform tasks on mass.
sociocultural values on poorer and weaker nations in the
● Enhanced processing of language
developing world.
● Oral tradition as the basic ancestor of information and
● Flows of news and entertainment were biased in favor of
communication flow.
industrialized countries.
● Communication through writing symbols and drawing
● This bias was clear both in terms of quantity, because
crude pictures
most media flows were exported by Western countries
● Symbolic impressions in clay and stones tablets; e,g.
and imported by developing nations, and in terms of
Code of Hammurabi.
quality, because developing nations received scant and
● The discovery of papyrus by ancient Egyptians and
prejudicial coverage in Western media.
other forms of writing tools led to the advent of paper.
● The global media debate was launched during the 1973
INDUSTRIAL AGE General Conference of the United Nations Educational,
● Defined by mass production, broadcasting the rise of the Scientific, and Cultural Organization (UNESCO) in
nation state, power, modern machine and running water. Nairobi, Kenya.
● Inventions with electricity related experimentation ● As a specialized agency of the United Nations, the
● Active role of technology in communication and mission of UNESCO includes issues of communication
dissemination of information. and culture.
● Existence of printing press CULTURAL IMPERIALISM TO GLOBALIZATION
● Newspaper- access to news and information ● First, the end of the Cold War as a global framework for
● Image recording and invention of photography ideological, geopolitical, and economic competition calls
● Other technological advancement that led to our for a rethinking of the analytical categories and
modern- day media such as telegraph, wires and cables. paradigms of thought.
ELECTRONIC AGE ● Second, according to John Tomlinson (1991),
● Began when electronic equipment, including computers, globalization replaced cultural imperialism because it
came into use. conveys a process with less coherence and direction,
● Realization of the importance and relevance of which will weaken the cultural unity of all nation-states,
information as a commodity. not only those in the developing world.
● Development of fax machines and cell phones- fastest ● Finally, globalization has emerged as a key perspective
way of transmitting messages. across the humanities and social sciences, a current
● Cable and satellite technologies undoubtedly affecting the discipline of communication.
● Development of broadcast industry; Expansion of radio A HYBRID OR HOMOGENOUS GLOBAL CULTURE
and television. ● Transnational mass media intensify the hybridity that is
● Portable gadgets like walkman and discman already in existence in cultures across the globe.
revolutionized the access to mass media. Consequently, the globalization of culture through the
DIGITAL AGE media is not a process of complete homogenization, but
rather one where cohesion and fragmentation coexist.
● Starting 1970’s with the introduction of personal
computers and subsequent technology. RELIGION AND GLOBALIZATION
● Refers to our current age; information is seen as a BEYOND THE SECULARIZATION DEBATE
commodity.
● There is a discontinuity between research agendas that
● Evolution of personal computers-Apple, IBM company,
focus on secularization and globalization.
Windows.
● Social scientists have debated the scope, nature, extent
● Emergence of digital photography with digital single lens
and parameters of secularization in an effort to unveil
reflex camera known as DSLR.
the overall patterns and/or trajectories of the modern
CULTURAL IMPERIALISM world.
GLOBAL MEDIA DEBATE ● Initially secularization had a strong following but
CULTURAL IMPERIALISM eventually it was superseded by re-evaluation.
● Argues that audiences across the globe are heavily ● Various debates lead to re-appraisal.
affected by media messages emanating from the ● Secularization debate has been reframed.
western industrialized countries. ● Secularization is understood as a shift in the overall
frameworks of human condition; it makes it possible for

GABITO, JADE LAWRENCE 4


THE CONTEMPORARY WORLD
BSN 2 Y2-2 REVIEWER
A.Y. 2024-2025 2ND SEM.

people to have a choice between belief and non-belief in workers who deliver personal and labor-intensive
a manner hitherto unknown. services like cleaning, child-care, delivery, restaurants
TRANSNATIONAL RELIGION AND MULTIPLE and eateries, catering, maintenance, transport, hotels,
domestic help and retail.
GLOCALIZATION
● Sassen (2005) introduces global cities as global
● Migration of faiths across the globe has been a major command centers of the world economy.
feature of the world throughout the 20th century. COSMOPOLITANISM
● Transnational religion emerged through the post-World
● It is the phenomenon most readily associated with the
War II.
global city.
● Two distinct blends of religious universalism and local
● Large, diverse cities attract people, material and cultural
particularism.
products from all over the world.
○ It is possible for religious universalism to
● The idea of cosmopolitanism invokes pleasant images of
gain the upper hand, whereby religion
travel, exploration, and ‘worldly’ pursuits enjoyed by
becomes the central reference for
those who have benefited from globalization
immigrants. Religion transnationalism=
● Everyday life is significantly shaped by commercial
“religion going global”.
culture, retail and shopping as well as cross-cultural
○ It is possible for local ethnic or national
variety of food, fashion, entertainment and various other
particularism to gain or maintain the most
consumables and artifacts.
important place for local immigrant
● Consumption is costly in resources
communities.
● Networks and groups rely on geographic proximity.
RELIGION IN GLOBAL CONFLICT GLOBAL CITIES ARE LIVABLE CITIES BECAUSE
● Religious ideas, values, symbols and rites relate to deep ● They provide jobs that pay an adequate wage.
issues of existence, it should not be surprising when ● They provide basic services, including safe water and
religion enters the picture in times of crisis. adequate sanitation.
● The era of globalization brought with it 3 enormous ● They are void of discriminatory practices.
problems, namely: ● People have access to educational opportunities and
○ Identity health care.
○ Accountability ● People are not at risk of forced eviction.
○ Security ● People are not at risk of forced eviction.
● Religion provides answer to these problems ● People enjoy the security of tenure in affordable
○ It provides a sense of identity housing.
○ Traditional religious leadership provides a ● People live in communities that are safe and
sense of accountability. environments that are clean.
○ Religion offers a sense of security. ● The cities are governed through inclusive local
GLOBAL CITY democratic processes.
● The idea emerged in the social science literature in the JAPANESE MORI FOUNDATION’S GLOBAL
1980’s, shortly after the concept of globalization. POWER CITY INDEX
● It has a central place in understanding contemporary ● It measures the global power of cities using the
spatial patterns of globalization. combination of six (6) criteria:
● It is the main physical and geographic playground of the ○ Economy
globalizing forces. ○ Research and Development
● The global flows of people, capital and ideas are woven ○ Cultural Interaction
into the daily lived experiences of its residents. ○ Livability
● It means power, sophistication, wealth, and influence. ○ Environment
● The ideas and values of the metropolis shape the world. ○ Accessibility
● Embodies both the good and the bad effects of DOWNSIDES OF THE GLOBAL CITY
globalization. ● High costs
● The global city transcends boundaries of nation-states ● Alienation
● According to Sassen (1991), global cities are ● Impersonality
characterized by occupational and income polarization, ● Social isolation
with the highly paid professional class on the one end ● Discrimination against migrants of certain kinds
and providers of low-paid services on the other.
● The lifestyle and needs of the well-off professional
classes bring into the global city an army of low-paid

GABITO, JADE LAWRENCE 5


THE CONTEMPORARY WORLD
BSN 2 Y2-2 REVIEWER
A.Y. 2024-2025 2ND SEM.

KEY ISSUES
● Diversity and community
● Mobility and community
TRENDS FOR THE TOP 3 CITIES
● LONDON, the No. 1 city in the comprehensive
ranking for the sixth year in a row, further extends
its lead over the competition by improving its scores
for such indicators as GDP Growth Rate and Level
of Political, Economic and Business Risk in
Economy, and for Attractiveness of Dining Options
and Number of Visitors from Abroad in Cultural
Interaction.
● NEW YORK (No. 2) increases its scores for the
Economy indicators of Nominal GDP and GDP
Growth Rate, but fails to make any significant
headway in comprehensive score, having returned
weaker scores this year in Cultural Interaction
indicators such as Number of World-Class Cultural
Events Held and Livability indicators like Variety of
Retail Shops .
● TOKYO (No. 3) ranked for the first time last year
and closed the gap on New York (No. 2) this year.
This is a result of the American city’s score stalling
while Tokyo continues to improve every year in the
cultural interaction indicator of number of visitors
from abroad. However , Japan’s capital city slips
from No. 1 to No. 4 in economy due to weaker
scores in “Market Size” and “Market Attractiveness”.

GABITO, JADE LAWRENCE 6

You might also like