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INSTRUCTIONAL MATERIAL IN: The Contemporary World

ACTIVITY LESSON 1

GLOBALIZATION: ADVANTAGES AND DISADVANTAGES

SCENARIO POSITIVE NEGATIVE DEPENDS

A. In your local town ,one of the main sources of employment


of three generations has been the fruit cannery. The company ✓
has recently decided to close the factory and outsource the
canning of fruit to another country where labor fruit are
changes.
B.Your friends garage band has really taken off on YouTube ✓
and people from places as distant as Finland Ang Ghana are
downloading it.
C.You meet someone very nice while you are holiday in Bali ✓
and can now keep touch via Skype.

D.The shoes that you really like are much cheaper via an ✓
online shop in America.
E.The Australian Government is being pressured to decrease ✓
the current annual minimum quota of 55% Australian
television programming ( between 6 Amanda midnight ) to
40%.
F.The company that your father work for has recently been ✓
taken over by a transnational corporation with job
opportunities in many parts of the world if he is prepared to
transnational corporation with job opportunities in many
parts of the world if he is prepared to move / relocate.

G.A representative from world wild-life fund invites students ✓


to become involved in and advocate to help secure the future
of orangutans.

H.Your mother's superannuation fund has been affected by ✓


the global financial crisis and she is worried that she won't
have enough money when she retires.

ANALYSIS
Direction: Write the word True if the statement is correct and false if the statement is incorrect.
TRUE 1. World health Organization define Globalization, “the increased interconnectedness and
interdependence of people and countries.

TRUE 2. Thomas Friedman defined globalization as,” as the inexorable integration of markets,
transportation systems, and communication systems to a degree never witnessed before.”

TRUE 3. Exchange information and goods in an easy way, this process is called “Globalization.

TRUE 4. Globalization is an event occurred in unprecedented pace and gives definition to the world’s
market.
TRUE 5. Globalization has contributed to global warming, climate change and the overuse of natural
resources.
TRUE 6. Some politicians argue that globalization is detrimental to the middle class, and is causing
increasing economic and political polarization to developed countries.

TRUE 7. United Nations defines Economic globalization as “increasing interdependence of world


economies as a result of the growing scale of cross-border trade of commodities and services, flow of
international capital and wide and rapid spread of technologies.

TRUE 8. In economic globalization, companies seek the greatest possibility of efficient and maximized
profits that will involve many regions and localities to “global production”.
TRUE 9. The rapid growing significance of information in all types of productive activities and
marketization are the two major driving forces for economic globalization”
TRUE 10. The United Nation, focused at the Bretton Woods Conference in 1994, is the official
organization for securing international monetary cooperation.

APPLICATION

Think and Explain

1. How have you experienced globalization?

Globalization is the interconnected countries should always support each other in order to produce
product.

2. Why it is crucial to emphasize that globalization is uneven?

It is most important to emphasize that globalization is uneven because it unevenness is the source of
most problems it has given rise to; when one speaks of uneven globalization one is actually saying that
economic development and both its benefits and disadvantages are distributed unevenly usually
contributing to disparities of wealth and power that interfere with democratic institution operation.
3. What is the difference between globalization and globalism?

> The main difference between globalism and globalization is that globalism is an ideology based on the
belief that people, information, and goods should be able to cross national borders unrestricted, while
globalization is the spread of technology, products, information, and jobs across nations.

LESSON 2

ACTIVITY

Global Economic Institutions

a. INSTITUTIONS OF GOVERNMENT > according to evolutionary theory, government originates from a


family or clan-bound structure, which can explain the formation of the world's first political structures.
These earliest and very loosely formed governments were the results of a shift from Hunter-gatherer
societies to more settled agricultural societies.

b. International organization serve many diverse function, including collecting information and
monitoring trends (e.g., the WORLD METEOROLOGICAL ORGANIZATION),delivering services and aid
(e.g. THE WORLD HEALTH ORGANIZATION)and providing forums for bargaining (e.g. the EUROPEAN
UNION) and settling disputes (e.g. the WORLD TRADE ORGANIZATION.

c. They are the executive,( President and about 5,000,000 workers) Legislative (Senate and House of
Representatives) and judicial ( Supreme Court and Lower Courts).The president of United States
administers the Executive Branch of our government.

d. with the Celebes Sea to the southwest, Vietnam is west of the Philippines and both Indonesia and
Malaysia are in the south Official name: REPUBLIC OF THE PHILIPPINES Long:13°,122° Continent: Asia
Region: Asia Subregion: South-Eastern Asia.

ANALYSIS

1. How does this institution influence global economic activity?


> I think to understand what an economic activity is and what is not, giving few examples of both would
be more helpful than simply defining it.

2. How does it affect economics in the Philippines?

> Empirical evidence show that agricultural export, fiscal balance, gross fixed capital formation,
population growth, inflation rate, total foreign trade, trade balance and current account balance are
significant determinants of economic growth in the panel of these emerging market economies.

APPLICATION
Think and Explain
1. How do economic forces facilitate the deepening of globalization?
> here’s a guy who thinks he understands what economics is, what economic “forces” are, what they
can “force someone” to do, that globalization is something they understand, that it can become
“deeper” in some unspecified sense, and they have some opinion on whether or not this is a good idea.

2. How is the Philippines central to the history of economic globalization?

> Philippine economy has achieved growing alignment with the global economy. This is evident in the
general increase in commodity trade and labor migration. Finance is also more integrated, albeit at a
relatively moderate speed.
3. Compare and contrast the assumptions of the original Bretton Woods system with those of the
Washington Consensus.

> The Bretton Wood System is established a system of payments based on the dollar in which all
currencies were defined in relation to the dollar; itself convertible into gold, and above all ‘’as good as
gold; The US currency was now effectively the world currency, the standard to which every other
currency was pegged.

LESSON 3

ANALYSIS

Conduct an imaginary interview, have your selected figure answer the following questions:

1. What do you think of nationalism?

> Nationalism is an idea and movement that holds that the nation should be congruent with the state.
As a movement, nationalism tends to promote the interests of a particular nation (as in a group of
people), especially with the aim of gaining and maintaining the nation's sovereignty (self-governance)
over its homeland.
2. What is necessary for the development of an international order?

> So for me the necessary for the development of an international order is respect between nations,
which is nice to hear but is really unachievable.

3. What do you think of the League of Nations?

>The League of Nations was an international organization founded after the Paris Peace Conference,
1919.The League's goals included disarmament, preventing war through collective security, settling
disputes between countries through negotiation diplomacy and improving global welfare.
4. What is the role of revolution in internationalism?

> Proletarian internationalism is closely linked to goals of world revolution, to be achieved through
successive or simultaneous communist revolutions in all nations. According to Marxist theory, successful
proletarian internationalism should lead to world communism.
APPLICATION
Think and Explain

1. What are the qualities that makes you proud and unique as an individual?

> So for me the things that makes me unique as an individual is very responsible in study,and household
work.

2. Cite your ideas in the quotation: “Everyone has something unique to offer and when we unite in a
common goal our actions are powerful”.
> Teamwork is generally understood as the willingness of a group of people to work together to achieve
a common aim. For example we often use the phrase: “he or she is a good team player”. This means
someone has the interests of the team at heart, working for the good of the team.

LESSON 4

APPLICATION
Think and Explain
1. Why is global governance multi-faceted?
> The system of global governance is multi-faceted because it encompasses several global areas of
governance

2. How do international organizations take on “lives of their-own?”

> All organizations start with a vision or purpose. Then they bring together like-minded people from
various different backgrounds who would add to the upliftment of the cause. Generally, international
organizations receive support from different countries, so they don’t really face a major monetary
problem.
3. What are the challenges faced by the United Nations in maintaining global security?
> As the United Nations Secretary General Antonio Guterres releases his new Peace building and
sustaining peace report, Larry Attree argues that the UN must boldly address five big challenges
constraining its peace efforts.

LESSON 5

ACTIVITY

GERMANY > after World War 2, defeated Germany was decided into Soviet, American, British and
French zones of occupation. The city of Berlin, though technically part of the Soviet zone, was also split,
with the Soviets taking the Eastern part of the city.

APPLICATION

Essay
1. How is regionalism different from and yet a part of globalization?
> Globalization and regionalization are contradictory unity as their goal in some cases maybe the
same, and in some can be quite divergent. Both of these processes form new institutions in the global
economic space with determine the actions of the global economic space with determine the actions of
macroeconomics subject thus there is transplantation of institutions in most developed countries, which
in turn causes a strong socioeconomic dependence of recipient countries, hinders their development
and enhance the technical - economic under development, reduces welfare, and increase economic and
political risks.

2. What is the difference between state-to-state regionalism and non-state regionalism?

> New regionalism, shift in national system of Administration and cultural, economic, and political
organization following the cold war. New regionalist projects, which began about the mid1980s, differed
in substance from the earlier rise in regionalist development, which had begun about the 1950s and
later become known by the term old regionalism. The emergence if new regionalism coincided with the
end of the cold war and a period of increasing global economic integration. Its development ultimately
led to regional organizations that were more open with respect to trade then those that had formed in
the era of old regionalism.

3. What triggers various regionalist projects?


> Regionalism maybe explained by following economic motives: preferential treatments could serve as
bargaining tools, positive effects of terms of trade changes, easiness of formation (Pomfret 1986;
Baldwin 1997),as well as for political and social reasons or other explanation such as the " domino
theory of regionalism".

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