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03-Globalization111 - The World-System The World-System An...

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Unformatted text preview: The World-System The World-System An interdependent system of countries linked by economic and political competition The World-System The World-System Telecommunications: Billions of Minutes Telecommunications: Billions of Minutes But what is Globalization? But what is Globalization? The increasing The increasing interdependence and interdependence and interconnectedness interconnectedness of places of places globally. globally. Implications of Globalization • The expanding of global connections, relations and networks • Making them faster and more intense. • Increasing awareness about the world. • Largely result of continuously advancing technology What impact does What impact does Globalization have? Globalization have? • POWER: POWER: Specific places heavily influence Specific places heavily influence global flows of goods and services global flows of goods and services – U.S., Europe, China, Middle East U.S., Europe, China, Middle East • MONEY: MONEY: Global flows generate uneven spatial Global flows generate uneven spatial impacts: impacts: – the the “Haves” “Haves” and the and the “Have Nots” “Have Nots” • KNOWLEDGE: KNOWLEDGE: With increased globalization, With increased globalization, the importance of location decreases, but the importance of location decreases, but knowledge of location increases knowledge of location increases World-System Divisions World-System Divisions • CORE CORE • PERIPHERY PERIPHERY • SEMI-PERIPHERY SEMI-PERIPHERY The Core The Core • Industrialized capitalist countries, led by former colonial powers • So-called “1 st World” or “Developed World” • Centers of trade, technology, productivity, $$$ • Exploit the Periphery and Semi- periphery • Examples: Western Europe, North America, Japan, Australia The Periphery The Periphery • Poor, ex-colonial nations • So-called “ Third World Third World ” or “Developing Countries” (LDC’s) • Exploited countries and regions – ex·ploi·ta·tion ex·ploi·ta·tion (ek sploi-tay shun): • The act of employing to the greatest possible advantage: exploitation of copper deposits. • Utilization of another person or group for selfish purposes: exploitation of unwary consumers. • Exploited by Core and Semi-Periphery • Tend to export resources and labor • Examples: Kenya, Bolivia, Pakistan, etc. The Semi-Periphery The Semi-Periphery • Somewhere in-between core and periphery • Industrializ ing ing ex-colonial countries (NICs) • Countries or regions with mixed processes: – Both exploited and exploiters. – Both exporters and importers of goods. • Examples: South Africa, Brazil, Mexico, South Africa, Brazil, Mexico, Taiwan, South Korea....
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