Professional Documents
Culture Documents
TCWD Midterms
TCWD Midterms
TCWD Midterms
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
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
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
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”.