“ates CONTEMPORARY WORLD LISANDRO E. CLAUDIO PATRICIO N. ABINALES Ee C & E Publishing, Inc.The Contempo it © 2018 by C & E Publishing, Inc., Lisandro Claudio, and Patricio Abinales ALL RIGHTS RESERVED. No part of this publication m: be reproduced, stored in a retrieval system, or transmitte in any form, or by any means—electronic, mechanic photocopying, recording, or otherwise—without the pri written permission of the publisher. Cataloguing-in-Publication Data IZ. Claudio, Lisandro E. a ‘The contemporary world / Lisandro E. Claudio and 2018 Patricio N. Abinales.—Quezon City: C & E Publishing, Inc., ©2018. xii, 182 p.: ill. ; cm. Includes bibliography and index. ISBN: 978-971-98-0862-6 1. Globalization. 2. World Economics. I. Abinales, Patricio N. II. Title. Book and Cover Design: Lynzel S. NaguitUnit 1 1HON 1 sublication maj LESSON 2 or transmittes ic, mechanical thout the priol E. Claudio and & E Publishing, LESSON 3 cs. I, Abinales, Contents An Introductory Note to the Student ix The Relevance of this Course x This Book's Approach xi The Structures of Globalization 1 What is Globalization? 2 Global Experiences 5 Some Description 6 Globalization: A Working Definition 7 Conclusion: Globalization from the Ground Up 9 The Globalization of World Economics 12 International Trading Systems 13 The Bretton Woods System 16 Neoliberalism and Its Discontents 17 The Global Financial Crisis and the Challenge toNeoliberalism 19 Economic Globalization Today 22 Conclusion 24 A History of Global Politics: Creating an International Order 26 The Attributes of Today's Global System = 27 The Interstate System 30 Internationalism 31 Conclusion 37