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INTERNATIONAL OLYMPIC ACADEMY 7th JOINT - IOA

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Distinctive<br />

features<br />

On politics<br />

On Culture<br />

On<br />

Economics<br />

‘borderless world’:<br />

‘stateless corporation’ –<br />

intensified economic<br />

interdependence/<br />

competition; transworld<br />

production; global<br />

markets; global<br />

production<br />

liberal democracy/<br />

privatization – ‘global<br />

civilization’<br />

Transnational<br />

governance<br />

‘cultural<br />

synchronization’<br />

homogenization →<br />

cosmopolitanism OR<br />

imperialism<br />

convergence of global<br />

culture → single<br />

commodity-world<br />

*Single global market,<br />

global management,<br />

global competitions –<br />

denationalization of<br />

economies<br />

*polarization b/w<br />

winners and losers<br />

A set of changes –<br />

social, cultural,<br />

political; global<br />

stratification<br />

A number of<br />

disjunctures<br />

communications<br />

transformation of<br />

basic institutions –<br />

global civil society<br />

Civil society/ global<br />

governance<br />

‘glocalization’– local<br />

particularities;<br />

Particularisms –<br />

reactions against<br />

globalization;<br />

Fragmentation –<br />

substate identity<br />

politics: ethnonationalism;<br />

Heterogenization –<br />

civil society<br />

Growing<br />

deteritorialization;<br />

reorganization of<br />

national economy<br />

- 351 -<br />

*International<br />

economy has<br />

expanded since the<br />

beginning of 19th<br />

century<br />

State sovereignty,<br />

international relations<br />

Fragmented into<br />

civilization blocs and<br />

cultural/ethnic<br />

enclaves → ‘clash of<br />

civilization’; illusion<br />

of ‘global governance’<br />

interactions between<br />

national economies<br />

Centrality of industry<br />

– Trialization of<br />

production; division<br />

of labor →<br />

marginalization of<br />

‘Third World’ states<br />

Adopted from: Scholte, 2000; Grugel, 2003; Held et al., 1999.<br />

Table 2: The Economic History of the Olympics Games<br />

Period Characteristics Examples<br />

I: 1896<br />

– 1968<br />

II: 1969<br />

– 1980<br />

recurring financial problems,<br />

identification of new sources of<br />

income<br />

publicly financed Olympic<br />

Games; minor importance of<br />

commercial sources<br />

72 Munich: ‘special financing means’–<br />

federal government, state, city subsidies<br />

76: Montreal: 95% of funds by public<br />

sector; US$2bn deficit paid by the City

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