With the fall of the Iron Curtain in Eastern Europe, Russia's command economy opened up to the world. The resulting globalization brought about great economic and political changes. While the new market economy promoted growth and modernization, it also deepened the country's class divide. Further, the quick transition from a planned economy to a free market opened the door for rampant corruption. Oligarchs who where friends of the old state where sold sectors of industry for pennies on the dollar. So while globalization paved the way for industrialization and modernization, particularly in the oil industry in Russia, the corruption and class divide brought with it make it a double edged sword.  Like every country in the world, Russia enjoys the benefits of globalization.  They have been active in world trade and financial markets.  In doing so, they agree to the rules of the games established way before they decided to join. "The global financial system resembles a somewhat democratic society where the voice of a very powerful and representative segment of society is manifested not by vote, but by instant and unambiguous money flows" (Marmolejo, 2014). However, Russia is new to this game.  "The Moscow Exchange was established on December 19, 2011, by the merger of the Moscow Interbank Currency Exchange and the Russian Trading System. The Moscow Exchange operates all financial assets across the board: equities, bonds, derivatives, currencies, money markets, and precious metals; in addition, the Moscow Exchange also operates Russia’s Central Securities Depositary and the country’s largest clearing service provider" (Marmolejo, 2014).  It resides about in the middle regarding a current per capita GDP of approximately $18,100 (US), with an abundance of corruption, extreme ends of the spectrum regarding the haves and have nots, not to mention the many ethnic conflicts (Marmolejo, 2014). They are largely dependent upon the export of raw materials, such as oil, gas and other related products, but have "a third-world-like economic structure" (Marmelejo, 2014).  Despite their antiquated economic structure, they have the largest landmass in the world with the 10th largest population in the world. With Capitalization now taking over some previously communist countries, Putin is slowly destroying the country.  His militarist attitude is going to put Russia back to where there were.  Marmolejo, M. (March 12, 2014).  "Putin, Russia, Ukraine, and the Globalized World."  Globalization:  Opportunities & Implications.  Retrieved on October 22, 2014 from url http://www.understandglobalization.com/2014/03/12/putin-russia-ukraine-and-the-globalized-world/ The global economy is an interconnected marketplace. Speaking from a political and economist perspective, globalization increases integration in the scope of business, values, technology, and various aspects of culture; it fosters interaction between people, organizations, and governments. In pertinen.

1. With the fall of the Iron Curtain in Eastern Europe, Russia's
command economy opened up to the world. The resulting
globalization brought about great economic and political
changes. While the new market economy promoted growth and
modernization, it also deepened the country's class divide.
Further, the quick transition from a planned economy to a free
market opened the door for rampant corruption. Oligarchs who
where friends of the old state where sold sectors of industry for
pennies on the dollar. So while globalization paved the way for
industrialization and modernization, particularly in the oil
industry in Russia, the corruption and class divide brought with
it make it a double edged sword.
Like every country in the world, Russia enjoys the benefits of
globalization. They have been active in world trade and
financial markets. In doing so, they agree to the rules of the
games established way before they decided to join. "The global
financial system resembles a somewhat democratic society
where the voice of a very powerful and representative segment
of society is manifested not by vote, but by instant and
unambiguous money flows" (Marmolejo, 2014).
However, Russia is new to this game. "The Moscow Exchange

2. was established on December 19, 2011, by the merger of the
Moscow Interbank Currency Exchange and the Russian Trading
System. The Moscow Exchange operates all financial assets
across the board: equities, bonds, derivatives, currencies, money
markets, and precious metals; in addition, the Moscow
Exchange also operates Russia’s Central Securities Depositary
and the country’s largest clearing service provider" (Marmolejo,
2014). It resides about in the middle regarding a current per
capita GDP of approximately $18,100 (US), with an abundance
of corruption, extreme ends of the spectrum regarding the haves
and have nots, not to mention the many ethnic conflicts
(Marmolejo, 2014). They are largely dependent upon the export
of raw materials, such as oil, gas and other related products, but
have "a third-world-like economic structure" (Marmelejo,
2014). Despite their antiquated economic structure, they have
the largest landmass in the world with the 10th largest
population in the world.
With Capitalization now taking over some previously
communist countries, Putin is slowly destroying the country.
His militarist attitude is going to put Russia back to where there
were.
Marmolejo, M. (March 12, 2014). "Putin, Russia, Ukraine, and
the Globalized World." Globalization: Opportunities &
Implications. Retrieved on October 22, 2014 from url
http://www.understandglobalization.com/2014/03/12/putin-
russia-ukraine-and-the-globalized-world/
The global economy is an interconnected marketplace. Speaking
from a political and economist perspective, globalization
increases integration in the scope of business, values,
technology, and various aspects of culture; it fosters interaction
between people, organizations, and governments. In pertinence
to Russia, the country has been going through an ever-rising

3. transformation in correlation to economic and political
globalization. "Since the fall of the USSR, Russia has been
faced with the need to fundamentally rebuild its power and
identity--and to do so in the unfamiliar, challenging, and often
threatening context of globalization." (Blum,
2008) Transitioning economies inevitably face perplexity. In the
case of Russia, their transformation has withstood its fair share
of difficulties.
Reflecting on the positive side, the nation is a key component in
global affairs--with foreign relations involved in eastern
Europe, the Middle East, and the United States. It's comprised
of a rather large geographical territory and is rich in resources,
including oil. This gives them great potential in their attempts
to create a market economy and a democratic political system.
Reference:
Blum, D. (2008, March 26). Russia and Globalization: Identity,
Security, and Society in an Era of Change. Washington, D.C.:
Woodrow Wilson Center Press. Print.
2.69 Billion in China and India combined

4. Trans-Pacific Partnership (DEAD)
CHINA RISING
ONE CHINA STATE POLICY
TAIWAN

6. Week 3 was a discussion of Russia and Germany. What have
we learned?
-
1980’s
rights
ill struggling to find itself in the world economy
Why did these things happen in each country? What was the
culture that led to these
developments?
According to a survey conducted after the unification, East
Germans stated that they did not feel

7. as if they were part of the unification. They felt that the
changes from the unification brought
them more losses than benefits (Ciechanowicz &Zawilska -
Florczuk 2011).
Socially speaking, East and West Germans were used to two
different lifestyles. West Germans
had luxuries and enjoyed advancements while East Ger mans
lived in more of a poverty -stricken
lifestyle. Unification pushed those two worlds together;
The introduction of the deutsche mark as the sole currency in
Germany caused much conflict in
East Germany. The favorable rate of t he deutsche mark, while
increasing salaries, caused a strife
as labor was no longer available at a low rate.
It is without a doubt that the unification of Germany created
economic problems for the country,
however, no one expected that the unification would have an
enormous negative impact o n
Western Germany and all of Europe.
36.7% of the Earth’s population!
“the region remains relatively untapped and underserved. For
example, in Indonesia, which is the
fourth most populous country in the world after China, India,
and the United States, industries
such as automotive and banking still have low penetration; most
people do not own a car, nor can
it be assumed that they maintain bank accounts or use credit
cards. In fact, according to
respondents in a 2011 executives identified their number one
strategic priority to be the
expansion of the banking network in Indonesia in or der to tap
into the local population.
Part of Southeast Asia’s large market potential emanates from
its rapidly growing middle class.
In Indonesia, for example, the middle class comprises
approximately 40% of the population, or

8. more than 90 million people . Within the next four to ten years,
this block of consumers is
expected to grow to more than 150 million.
Along with its climbing numbers, the middle class has
experienced a rapid income rise. Within
the next decade, some 58% of households in Indonesia a re
expected to have annual disposable
income between USD 5,000 and USD 15,000; currently,
approximately one -third of Indonesian
households have disposable incomes within this range. ”
What is the economic situation of China? Lender to America
…what is their growth rate? Is it
inflated? Can China sustain this? What are the expectations of
its population? Can a communist
government survive with a capitalist economy? It has worked t
hus far….will it survive long
term? Isnt this a bit at odds with Marx? As a result of this
division, what is the relationship
between China and Russia?
Factors inhibiting increased trade between the United States and
India:
to invest
corrupt
China and India are commonly included in comparative
government studies because of their differences, but the
similarities are intriguing and important as well. It is widely
known that China already had a billion people, but on March 1,
2001, the total number of people in India exceeded 1 billion
according to the Census of India. http://www.censusindia.net
The sizes of the human nations and the physical nations are the
first similarities you will probably notice. In contrast to the

9. relative homogeneity of China, however, the diversity of the
Indian population has to be taken into account.
Until recent years, the Indian National Congress party remained
in power by virtue of its electoral successes. The Chinese
Communist Party maintained an authoritarian, single-party
regime through suppression of opposition. In spite of the
differences, the dominating role played by a single political
party ought to be noticed. It might be tempting to ask if the
failure of the Congress party to maintain its broad appeal is a
preview of the fate of the Chinese Communist Party. It would be
good to ask them to try to answer that question.
Other similarities must also be noted. Both countries have
created educated, technologically sophisticated elites coexisting
with majorities of less educated and less technologically
sophisticated rural people. The standard of living differences
between these groups are remarkable. Will these cleavages
result in a less democratic system in India and a more
democratic one in China?
How will the needs and aspiration of the rural population be
recognized in India? Will the political demands of those rural
masses overwhelm the modern state in India? How does the
urban-rural divide impact Indian politics?
India is pursuing economic liberalization. What are the
constraints on those policies? What successes will be necessary
to maintain support for them? How are the answers to those
questions different in the Chinese context?
Another similarity that may be helpful to examine is the role of
neighboring enemies. Will India use its long-standing border
disputes with Pakistan to create greater national unity? Will
political parties use an external enemy for domestic political
purposes? The nuclear missile race with Pakistan should be

10. examined for its effects on domestic politics as should the
tensions in Kashmir. Will China and India find common goals to
pursue as political creatures facing similar dilemmas?
Current News
As always, be sure to catch up on today's news of this module's
country - India. Check out any websites recommended in your
readings. Also, try searching in your college online library for
up to date news on India.