CICS 101 Lecture Notes - Lecture 1: Arab Spring, Archaic Globalization, Palermo Protocols
Document Summary
Archaic globalization: came about when the silk roads linked the roman empire in the han. Dynasty: silk, spices, salt, glass, medicine, etc. were traded as well as religion and philosophy, it was limited to the old world, it did not really go beyond the eurasian continent. Industrialization: modern globalization: communications, transportation, technology advance dramatically, scope of trade and immigration peak in 1900s; at this time immigrants made up about 60% of the population (now about 13%) Last time: globalization: the processes through which regions have become more interdependent through communication, transportation, and trade, interdependence is the key word, based on values: convenience, low cost. Leading to (global) prosperity: friedman (journalist) argues globalization is: leveling the playing field and leading to a world of unprecedented prosperity , the world is no longer isolated, therefore you can compete and succeed. Gini coefficient: inter-country inequality is between . 65 and . 70 now, global inequality is rising.