11/21/13Film: Globalization Chapter 131. Process mainly economic linking different parts of the world intimately in ways that might have been unimaginablea. what happens in distant places affects everyone here directly or indirectly2. Major issues affecting the study of globalizationa. go between the worlds...modern world --> reality of poverty3. How this process has made all of us part of a global village?4. Economic and social consequences of globalization?a. 3 million people out of povertyb. emailc. internet has produced thousands of cyber millionairesd. genetically engineered food causes problems among people and their ethicse. fishing spots need better management, its under threati. Australian fish docks targetedf. safety is lax, lives in povertyg. oil destroying waters in Nigeria due to the want of economic improvementh. living standards double every 10 years in Chinai. asian tiger economics successful due to totalitarianism and oppression of worker’srightsj. Lee was in jail due to promoting democracy5. How global free trade policies simultaneously destroy and create new jobs in the US and abroada. global rules can only regulate economic global issuesb. US government complained that the EU was buying too many bananas from the Caribbeani. globalization driving people to group together in spite of politicsc. global --> given jobs and skills but want more6. Forcing out local industries with huge impact on rest of worlda. face-to-face transactions have been replaced with electronicsb. most cyber people are Indian, yet most of India is in poverty7. Developmenta. povertyb. culture change processes are invention and diffusionc. modernization: is meant for material progress and individual bettermentd. Growth-Oriented Development11/21/13i. Trickle-Down Effect: the gradual increase in wealth among the less well off as itfilters downii. Structural Adjustment: reducing gov expenditures on public services such as schools and health in order to reduce debtiii. Social Impact Assessment: attempts to predict the potential social costs and benefits of particular innovations before changee. Distributional Development: rejects the trickle-down process as ineffective in reaching poor peoplei. Kerala - lowest per capita income in India but highest social indicators in healthand literacyf. Human Development: invests in human welfareg. Sustainable Development: forms of improvements that do not destroy non-renew-able resources, but financially supports themh. Large-scale Development Institutionsi. Multilateral - several countries as donor members1. World Bank and UNii. Bilateral - two countries; one donor and one recipienti. Social Capital: intangible resources that exists through social ties, trust, and coop-erationsj. Development Project: set of activities designed to put developmental policies into actioni. Constructing irrigation canals to increase agriculture productionii. Project Cycle1. Project Identification2. Project Design3. Project Appraisal4. Project Implementation5. Project Evaluationk. Indigenous Peoplei. minorities in the states that control their territory of remote landii. Development Aggression: imposition of development projects/policies without the free, prior, and informed consent of the affected