Unit 5: New Directions and New Challenges

Table of Contents

1. ICT and the Cyber Economy

Information and Communication Technology (ICT) has transformed global politics from a system of physical borders to a network of digital flows. The Cyber Economy refers to economic activities resulting from billions of everyday online connections among people, businesses, devices, and data.

Key Developments

2. Global Economic Crises

In an interdependent world, financial instability in one region spreads rapidly. Global economic crises have exposed the vulnerabilities of the neo-liberal global order.

The 2008 Financial Crisis

The 2008 Great Recession, triggered by the US housing market collapse, proved that the global financial system is only as strong as its weakest link. It led to:

3. Global Civil Society: Non-State Actors

Global Civil Society (GCS) consists of the "space" outside of the state, family, and market where people associate voluntarily to advance common interests on a global scale.

Key Actors

"Global civil society is the arena where the 'global' becomes a site of contestation and participation."

4. Transnational Social Movements

These are organized efforts by people across borders to bring about social or political change. They often use "bottom-up" pressure to challenge "top-down" global governance.

Examples of Movements

5. Exam Focus: Tips and FAQs

Exam Tips

  • Digital Divide: Use this concept to explain why globalization is sometimes called "re-colonization" of the South by the North.
  • 2008 Crisis: Mention that it led to the G20 becoming the premier forum for international economic cooperation.
  • NGOs: Be careful to distinguish between Governmental and Non-Governmental organizations.

Frequently Asked Questions

Q: What is the 'Cyber Economy'?
A: It is the global network of economic activities, commercial transactions, and professional interactions enabled by information and communication technologies.

Q: How do NGOs influence global politics?
A: Through 'Shaming and Blaming' (exposing human rights abuses), lobbying at international conferences, and providing expert information to policymakers.


End of Unit 5 Notes | Completed Global Politics Syllabus | Prepared for Knowlet