This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
Globalization and “Minority” Cultures: The Role of “Minor” Cultural Groups in Shaping Our Global Future is a collective work which brings to the forefront of global studies new perspectives on the relationship between globalization and the experiences of cultural minorities worldwide.
Civil Society has become a major power in the world. The stunning defeat of the controversial and secretive Multilateral Agreement on Investments, the massive worldwide WTO protests and the yearly meetings of the World Social Forum are testimony to its coming of age. From these significant victories, civil society continued to catch world attention with the Arab Spring, the grassroots movement that helped elect former US President Barack Obama and the significant gains of the anti-fracking campaign. With tens of millions of citizens and over a trillion dollars involved in advancing its agenda, civil society now joins the state and the market as the third key institution shaping globalization. However, it cannot fully mobilize its resources and power as it currently lacks clear understanding of its identity. Shaping Globalization argues that global civil society is a cultural institution wielding cultural power, and shows how – through the use of this distinct power – it can advance its agenda in the political and economic realms of society without compromising its identity. Nicanor Perlas outlines the strategic implications for civil society, both locally and globally, and explains that civil society’s key task is to inaugurate ‘threefolding’: the forging of strategic partnerships between civil society, government and business. Such authentic tri-sector partnerships are essential for advancing new ways for nations to develop, and for charting a different, sustainable type of globalization. Using the model of the Philippine Agenda 21, we are shown how civil society and progressive individuals and agencies in government and business are demonstrating the effectiveness of this new understanding to ensure that globalization benefits the environment, the poor and society as a whole. This reprinted edition includes a new Afterword.
The rise of new economic powers in Asia and Latin America has changed the size and the direction of cross-border investment flows. Emerging economies like China, Brazil and India have become major destinations of foreign direct investment within the past decade, and they are also taking on the role of investor themselves. The unprecedented shifts in global investment flows have revived the debate over the effects of foreign investment on growth, employment and income distribution. In this book, leading experts analyse the most important trends, from the increasingly active role emerging economies play as investors in Africa to the rising suspicion in the U.S. and Europe of Chinese takeovers. Global challenges like climate change and the ageing of societies will act as new drivers of foreign investment, reshaping the patterns of globalization once again.
In this book Joel Spring explores three major international educational ideologies that are shaping global society: neo-liberal educational ideology, human rights education, and environmentalism. Neo-liberal ideology reflects a rethinking of nationalist forms of education as the nation-state slowly erodes under the power of a growing global civil society. Traditional nationalist education attempts to mold loyal and patriotic citizens who are emotionally attached to symbols of the state, whereas the goal of neo-liberal educational ideology is to change nationalist education to serve the needs of the global economy. These changes are fueling a clash between the ideas of free-market and consumer-based neo-liberals and those of human rights and environmental educators. Human rights education is concerned with creating activist global citizens. It is rooted in the idea that inherent in human rights doctrines is a collective responsibility to ensure the rights of all people. Environmentalism is the most radical of the ideologies because it rejects the industrial and consumerist paradigm that has dominated most economic thought, including capitalism and communism. Spring synthesizes and analyzes the effect of these educational ideologies on shaping the future of the global society. In the concluding section, he compares the effect of these ideologies on global society with the possibility of a world divided between conflicting civilizations. How Educational Ideologies Are Shaping Global Society: Intergovernmental Organizations, NGOs, and the Decline of the Nation-State features: *a critical exploration of the transition of schooling from a function of the nation-state to a globalized economic and political system; *a discussion of the major organizations and trading blocs shaping the future globalization of educational policies; *an analysis of the major competing global ideologies of education--including national and corporate models that emphasize training workers for a competitive global free market; the worldwide network of human rights and peace educators who are teaching a global set of ethics; and the environmental movement's efforts to create a common set of educational standards for sustainable development and sustainable consumption; and *an exploration of the possible future of global educational policy and school organizations. By integrating a wide range of previously scattered information within a bold new framework for understanding educational ideologies and their impact on the global society, Spring raises important questions for researchers, professionals, and students in history and philosophy of education, educational policy, educational studies, comparative education, multicultural education, curriculum studies, critical media studies, global studies, human rights education, and related areas.
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Why are some countries rich and others poor? Colonialism, globalization, bad government, gender inequality, geography, and environmental degradation are just some of the potential answers to this complex question. Using a threefold framework of the West, the South, and the natural world, Shaping the Developing World provides a logical and intuitive structure for categorizing and evaluating the causes of underdevelopment. This interdisciplinary book also describes the social, political, and economic aspects of development and is relevant to students in political science, international studies, geography, sociology, economics, gender studies, and anthropology. The Second Edition has been updated to include the most recent development statistics and to incorporate new research on topics like climate change, democratization, religion and prosperity, the resource curse, and more. This second edition also contains expanded discussions of gender, financial inclusion, crime and police killings, and the Middle East, including the Syrian Civil War.
Bridging nation branding and public diplomacy, this book presents a cohesive framework. At its core is the introduction of the Model of Country Concept, which illustrates the array of factors, including hard- and soft-power initiatives, that shape how global citizens form their opinions about other countries. Each chapter applies the Model of Country Concept across a wide geographic, methodological, and disciplinary range of qualitative and quantitative research studies. The book offers a framework for future positioning of both practice around and research about nation branding and public diplomacy. Written for a broad audience the book offers a comprehensive yet approachable solution for framing a conversation about the heterodox nature of nation branding and public diplomacy, and advances the field through original research.
Global value chains (GVCs) have driven dramatic expansions in trade, productivity, and economic growth in developing countries. This book examines the impact of the COVID-19 pandemic on GVCs and explores whether they can continue to be a driver of trade and development. The report reviews previous crises and what these tell us about the resilience of GVC firms to shocks. It examines the observed impact of COVID-19 on trade during the sharp global recession of 2020. It summarizes discussions with GVC firms on the impacts of, and their responses to, the COVID shock. GVCs showed surprising resilience, but the rapid recovery raised new issues with supply chains. The book then explores simulations from a global economic model of the potential longer-term impacts of COVID-19 on developing countries and other key factors shaping the global economy, including the evolving role of China, increasing trade restrictions and policy responses to global warming. The analysis shows that while there are risks associated with GVCs, especially those concentrated around key nodes and where opportunities to find alternative suppliers or buyers are limited, there are mechanisms by which GVCs maintain trade relationships during a crisis, paving the way for a strong trade-led recovery. Measures are identified that can enhance the resilience of GVCs in low-income countries. This report finds that policies that maintain and enhance trade can contribute toward crisis management and recovery. Attempts to reshore production would make all countries worse off, including those that implement them, and could drive 52 million people, mainly in Africa, into extreme poverty. Measures to meet climate change commitments will have more profound impacts, leading to a shift away from carbon-intensive GVCs, while new opportunities for trade will arise in GVCs that are less carbon intensive.
