Exam 7: The Globalization Project in Crisis
Less than one-third of India's population directly relies on farming in some way.
False
Define the Beijing Consensus, and explain its relevance to globalization and its practice.
Varies. In broader terms, Chinese development, guided by a strong state, resonates elsewhere (as a post-Washington Consensus model), given the volatility of the neoliberal globalization project. For example, Southeast Asian states are combining authoritarian political systems with market regulation (as opposed to free markets and democracy), in a new Beijing Consensus. This is important because China's stable, if repressive, politics and high-speed economic growth-called the "Beijing Consensus"-have impressed elites in places such as Thailand, where democracy seems to have produced only modest results, muddled economic planning, and political strife. China encourages this new Beijing Consensus by each year training more than 10,000 bureaucrats from other developing countries in economic management and various civil-service skills-in sessions at which China's successes in improving living standards are promoted. The effect is to offer an alternative (post-Washington Consensus model to countries in the global south).
The Arab Spring demonstrated the necessity of ______ as the cornerstone of the development debate.
A
The source of the social crisis in the globalization project has been traced to changes in global labor force because ______.
The social crisis is a crisis of development promise because ______.
Unemployment has become the great leveler across the North/South divide.
Aside from the unpopularity of the global economy, one other event signaling the crisis in the globalized economy is the ______.
India is experiencing a shift from provision of global services to manufacturing domestic products and this is manifested in the industrial park program in "global/satellite cities" such as Delhi, Mumbai, Kolkata, Hyderabad, and Chennai.
The failure of a development project to fulfill its promises and the inability of the Millennium Development goals to achieve its targets illustrate the fact that globalization is facing ______.
The Beijing Consensus is different from and more effective than the Washington Consensus because ______.
Podemos is a unique type of political "party movement" because ______.
The legitimacy crisis is doubly expressed in the refusal/inability of the developing agencies to ______ and the refusal/inability to refocus on how neoliberal development ______.
According to the textbook, the legitimacy crisis is doubly expressed in which ways?
During the first two decades of the 21st century, public spending cuts, weakened economies, and industry offshoring contributed to a decline in employment, thus reducing taxes bases and minimizing capacity to provide social safety nets.
Young people are more likely to associate development/growth with cancer, obesity, and emissions.
Select the ways in which automation is having an impact on different industries.
According to the textbook, the social crisis stemming from the globalization crises manifests itself in two ways. Briefly discuss these.
In what way has the Arab Spring contributed to our understanding of globalization and its discontents?
The social crisis in globalization is a crisis of the development promise, affecting the global north and south simultaneously.
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