Today science is moving in the direction of synthesis of the achievements of various academic disciplines. The idea to prepare and present to the international academic milieu, a multidimensional approach to globalization phenomenon is an ambitious undertaking. The book The Systemic Dimension of Globalization consists of 14 chapters divided into three sections: Globalization and Complex Systems; Globalization and Social Systems; Globalization and Natural Systems. The Authors of respective chapters represent a great diversity of disciplines and methodological approaches as well as a variety of academic culture. This is the value of this book and this merit will be appreciated by a global community of scholars.
We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
The impact of globalization of financial markets is a highly debated topic, particularly in recent months when the issue of globalization and contagion of financial distress has become a focus of intense policy debate. The papers in this volume provide an up-to-date overview of the key issues in this debate. While most of the contributions were prepared after the initial outbreak of the current global turmoil and financial crisis, they identify the relative strengths of the risk diversification and risk transmission processes and examine the empirical evidence to date. The book considers the relative roles of banks, nonbank financial institutions and capital markets in both risk diversification and risk transmission. It then evaluates the current status of crisis resolution in a global context, and speculates where to go from here in terms of understanding, resolution, prevention and public policy.
Here James Mittelman explains the systemic dynamics and myriad consequences of globalization, focusing on the interplay between globalizing market forces, in some instances guided by the state, and the needs of society. Mittelman finds that globalization is hardly a unified phenomenon but rather a syndrome of processes and activities: a set of ideas and a policy framework. More specifically, globalization is propelled by a changing division of labor and power, manifested in a new regionalism, and challenged by fledgling resistance movements. The author argues that a more complete understanding of globalization requires an appreciation of its cultural dimensions. From this perspective, he considers the voices of those affected by this trend, including those who resist it and particularly those who are hurt by it. The Globalization Syndrome is among the first books to present a holistic and multilevel analysis of globalization, connecting the economic to the political and cultural, joining agents and multiple structures, and interrelating different local, regional, and global arenas. Mittelman's findings are drawn mainly from the non-Western worlds. He provides a cross-regional analysis of Eastern Asia, an epicenter of globalization, and Southern Africa, a key node in the most marginalized continent. The evidence shows that while offering many benefits to some, globalization has become an uneasy correlation of deep tensions, giving rise to a range of alternative scenarios.
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
As our world becomes increasingly interconnected through economic integration, technology, communication, and political transformation, the sphere of the family is a fundamental arena where globalizing processes become realized. For most individuals, family in whatever configuration, still remains the primary arrangement that meets certain social, emotional, and economic needs. It is within families that decisions about work, care, movement, and identity are negotiated, contested, and resolved. Globalization has profound implications for how families assess the choices and challenges that accompany this process. Families are integrated into the global economy through formal and informal work, through production and consumption, and through their relationship with nation-states. Moreover, ever growing communication and information technologies allow families and individuals to have access to others in an unprecedented manner. These relationships are accompanied by new conceptualizations of appropriate lifestyles, identities, and ideologies even among those who may never be able to access them. Despite a general acknowledgement of the complexities and social significance inherent in globalization, most analyses remain top-down, focused on the global economy, corporate strategies, and political streams. This limited perspective on globalization has had profound implications for understanding social life. The impact of globalization on gender ideologies, work-family relationships, conceptualizations of children, youth, and the elderly have been virtually absent in mainstream approaches, creating false impressions that dichotomize globalization as a separate process from the social order. Moreover, most approaches to globalization and social phenomena emphasize the Western experience. These inaccurate assumptions have profound implications for families, and for the globalization process itself. In order to create and implement programs and policies that can harness globalization for the good of mankind, and that could reverse some of the deleterious effects that have affected the world’s most vulnerable populations, we need to make the interplay between globalization and families a primary focus.
The rapid global expansion of Pentecostal Christianity is one of the most striking religious phenomena in our contemporary world. Today, Pentecostalism is by no means some marginal or peculiar denomination within world Christianity. It is not simply a niche product in the global religious market, but the most dynamic and fastest growing religious movement within the contemporary Christian world. From Singapore over Brazil to Ghana, Pentecostal Christians are historically and presently rooted in many cultural contexts throughout the world. As such, Pentecostalism is a religious movement that is both shaped by globalization processes, but also a major contributor to the globalization of religion. Until recently, social-scientific approaches to Christianity have often been informed by a rather selective understanding of Christianity, stressing its ascetic components premised on a body-spirit dualism and seeing its importance mainly as a harbinger of secular modernity. Hence, where Christianity was studied outside the ‘West’ it has usually been peripheral and viewed as an alien intrusion, undermining local cosmologies. However, rather than a religious rejection of the world, Pentecostalism accommodates to the world and modernity. It transcends locality by promulgating a universal ‘imaginary of the world’, while at the same time incorporating itself successfully into the socio-cultural contexts of any new cultures it encounters. The fundamental ‘fluidity’ of the transnational Pentecostal network is conducive for its flexibility to react on the enormous upheavals and changes in a globalized world and to accommodate to them in constructive ways. Thus, Pentecostalism can be regarded as a paradigmatic case of a ‘glocalized’ religion: it has the ability to adapt itself to local conditions while maintaining and preserving its distinct religious features at the same time. This study focuses on the different theoretical attempts made to explain the massive global expansion of Pentecostalism, and its relation to broader processes of globalization. It discusses to what extent and in what complex ways the Pentecostal movement is interrelated to processes of cultural globalization. By looking at the internal religious characteristics of Pentecostal discourse and discursive practices, and their articulations within the external circumstances of globalization, it tries to untangle some of the complexities that emerge when theorizing the globalization of Pentecostalism.
United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
This report has been compiled by the World Commission on the Social Dimensions of Globalization, an independent body established by the International Labour Organization (ILO) in 2002, and whose membership includes international politicians and government advisers from developed and developing countries, academics and representatives of business and multinational corporations, trade unions and civil society organisations. The report explores the social dimensions of globalisation and the need to build a fair and inclusive global economic system, and argues that the dominant perspective on globalisation must shift from a narrow focus on markets to encompass a broader recognition of the needs of people in the communities in which they live. Issues highlighted and recommendations made in the report include: better governance and accountability at both national and international levels to foster productive and equitable markets; empowerment of local communities, including gender equality; sustainable development based on the interdependent pillars of economic, social and environmental development; fairer rules for international trade, investment and finance; measures to overcome inequality and raise capacity to meet the Millennium Development Goals (MDGs); and a stronger multilateral framework based on an effective United Nations.
Dilip K. Das succintly covers the principal normative and positive strands that one needs to be properly familiar with in the area of economic globalization. The selection and rejection of themes for coverage in the book has been carefully done. The picture of globalization has been painted with a broad brush. The unique feature that distinguishes it from the competition is its succinct coverage of numerous, carefully selected, thematic issues that falls under the rubric of globalization. The book is easy to access for the target readership because of its descriptive analysis style.
