State Capitalism and Globalization 1. Although state-owned enterprises (SOEs) are diminishing, they still comprise one third of China’s and Russia’s Gross Domestic Product (Wooldridge, 2012). According to The Economist, China, alone, has 121 SOEs over which the government has direct control (2011). When bank loans are granted, the favored SOEs are the recipients and government controls the reins by retaining a controlling stake of shares. Likewise, SOEs are given preferential interest rates and
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1 Globalization and Cultural Reassertion in Karnataka “I do not want my house to be walled in on all sides and my windows to be stuffed. I want the cultures of all lands to be blown about my house as freely as possible. But I refuse to be blown off my feet by any.” —Mahatma Gandhi 1. Introduction Globalisation is a generalised term for a complicated series of economic, technological, social, cultural and political changes, seen as the ever- increasing interdependence and integration among
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by Thomas Friedman (2005) is globalization in early 21st century. It emphasized the work “level playing field” with 1st world countries and third world countries by telecommunication channels. In this book, the author travelled to India and met up with entrepreneurs who are serving the needs of 1st world country (United States). The issue about Friedman’s book is, he seems like someone woke up and found a different new world (globalization) from yesterday. Globalization is not immediate change. And
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Anti-Globalization Movement “Anti-globalization Movement is a disputed term referring to the international social movement network that gained widespread media attention after protests against the World Trade Organization (WTO) in Seattle, WA in late November and early December 1999. Activists and scholars debate whether it constitutes a single social movement or represents a collection of allied groups, a "movement of movements." (Engler, 2007). The Anti-globalization movement opposes different
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they were the ones who felt the most relatively deprived. Key to the idea of relative deprivation is the notion of expectations, that is, what people think they deserve and want in life. If these expectations are met, people do not experience discontent or relative deprivation. On the other hand, if people compare themselves to their reference groups and find that they have less, they will experience relative deprivation. If an individual feels that everyone else seems to be wealthier or generally
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There are five major characteristics of Globalization, as described by the text. The first deals with World trade and output. As Globalization takes hold, many countries across the globe are seeing a marketable increase in trade with other countries, countries that are not necessarily their neighbors. Individual nations are exporting more globally and becoming more active in global markets. Foreign direct investment is also a key factor in Globalization. As the world markets become more and more
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KEY CONCEPTS Part I: Modern Politics: State and Citizens You will find listed below the key concepts for each lecture and chapters from the text. These concepts are what you will be tested on. They will appear on the midterm quiz, in the form of multiple choice questions and in the final exam will be the basis of both the short answer and longer essay questions. Please note that some of the concepts listed under lectures are also covered in the readings, sometimes in more than one chapter
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What is Globalization? It is nearly every day we come to hear it on the news when we turn our TVs on, get to read it in the papers when we buy them, majority of magazines are filled with its aspects, in fact we hear from people speaking about it in trains, restaurant, parks even barbershops, and yet majority of people seems to have a different meaning of it. So what could it be that everyone is concern about or for better word curious about it which keep itself alive within people? It is globalization
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Globalization "Globalization" is a term that came into mainstream use in the 1980's to portray the expanded development of individuals, information and thoughts, and merchandise and cash crosswise over national outskirts that has prompted expanded interconnectedness among the world's populaces, monetarily, politically, socially and socially. Globalization as a concept refers both to the compression of the world and intensification of consciousness of the world as a whole both concrete global interdependence
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Title of the article: Humanity's Common Values: Seeking a Positive Future Source of the article: By Wendell Bell;From The Futurist, Sep.-Oct.,2004. Briefly state the main idea of the article: （Maxim: 40 words） To overcome the discontents of globalization and the clashes of civilization and to realize the global peace, we should go to seek for those common, positive values of humanity with the principles of inclusion, skepticism and social control. Three important facts the author uses
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