GHY 1020-106 World Regional Geography

1. GHY 1020-106World Regional Geography MWF 3:00 – 3:50 PM Professor: L. Baker Perry, Ph.D.

2. 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)

3. 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 • WHERE YOU WANT TO LIVE AND WORK AFTER GRADUATION • TALENTS OR HOBBIES

4. 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).

5. What is Globalization?

6. 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!

7. 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

8. 24 Hour Global Air Traffic

9. Images of Globalization Linguistic Diversity in Maryland Southwestern India Figure 1.1 Figure 1.4

10. 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

11. 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/

12. 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)

13. Economic Globalization – Formal Figure 1.10

14. Economic Globalization – Informal Figure 1.6

15. Advocates and Critics Figure 1.7 The “Electronic Herd” Figure 1.8 Figure 1.9 Washington, D.C. demonstration Global Sweatshops

16. Group Exercise • What are the arguments of the pro-Globalizers? • How do the critics of globalization respond? • What is your position?

17. Advocates of Globalization

18. Critics of Globalization

19. Dhaka, Bangladesh

20. A Middle Position? • Globalization of anti-globalization • Importance of managing globalization • Strong, yet efficient governments • Dani Rodrik (p. 10): • “The world market is a source of disruption and upheaval as much as it is an opportunity for profit and economic growth.”