GHY 1020-101 World Regional Geography MWF 1:00 – 1:50 PM Professor: L. Baker Perry, Ph.D.

GHY 1020-101World Regional Geography

MWF 1:00 – 1:50 PMProfessor: L. Baker Perry, Ph.D.

Introduction to Course, Globalization

Introductions Course Logistics Globalization Economic Globalization Advocates and Critics of Globalization

For Next Class: Read rest of Chapter 1 (pp. 11-45)

Introductions

Find a partner sitting near you and find out the following info:• NAME• POINT(S) OF ORIGIN• MAJOR (or projected major)• INTERESTING PLACES VISITED• PLACES YOU WOULD LIKE TO VISIT• TALENTS OR HOBBIES

Course Logistics

Please read the course syllabus in detail and let me know if you have any questions!

Office hours are MWF 9-11 AM, MW 2-3 PM, or by appointment (296 Rankin West)

Textbook is Rowntree et al. 2012 Diversity Amid Globalization. Other readings are available on AsUlearn. Readings are expected to be completed before coming to

class! Texting will not be tolerated during class! Plan on 2-3 hours of outside work per hour of class time on

average (see statement of student engagement on syllabus).

What is Globalization?

Globalization

Textbook Definition: “increasing interconnectedness of people and places through converging processes of economic, social, political, and cultural change”

Distant regions and places are increasingly linked Processes of change occur at greater and greater

speeds!

Attributes of Globalization

Global communication systems Transportation systems Transnational business strategies New and more flexible forms of capital accumulation Global agreements that promote “free trade” Market economies Increase in economic disparities Army of international workers

24 Hour Global Air Traffic

Images of Globalization

Figure 1.1

Figure 1.4

Southwestern India

Linguistic Diversity in Maryland

Economic Globalization

The driving force behind globalization is economic globalization

The roots are found in neoliberal economic theory Core tenets are privatization, unrestricted movement

of capital, openness to foreign investment, and lower corporate taxes

Characterized by:

Multinational corporations with assets greater than most countries• Of the world’s 175 largest economic entities, 112 (64

percent) are corporations and 63 are countries!• The total revenue of Wal-Mart (24th on the list) is 1.94

times greater than the GDP of Israel (50th on the list) and 5.1 times larger than the GDP of Iraq (139th on the list).

Instantaneous movement of capital across borders Outsourcing—moving of jobs overseas to low-wage

countries

http://dstevenwhite.com/2011/08/14/the-top-175-global-economic-entities-2010/

Move towards privatization of services, including health care and water

Global institutions and agreements that promote “free trade”• World Trade Organization (WTO)• North American Free Trade Agreement (NAFTA)• Free Trade Agreement of the Americas (FTAA)

Economic Globalization – Formal

Figure 1.10

Figure 1.6

Economic Globalization – Informal

Advocates and Critics

Washington, D.C. demonstration

Figure 1.7

Figure 1.8

The “Electronic Herd”

Figure 1.9

Global Sweatshops

Group Exercise

What are the arguments of the pro-Globalizers? How do the critics of globalization respond? What is your position?

Advocates of Globalization

Critics of Globalization

Dhaka, Bangladesh

A Middle Position?

Globalization of anti-globalization Importance of managing globalization Strong, yet efficient governments Dani Rodrik:

• “The world market is a source of disruption and upheaval as much as it is an opportunity for profit and economic growth.”