The document provides an introduction to concepts related to globalization and conditions in developing countries. It discusses how globalization refers to international integration of commodity, capital and labor markets. It also examines key events in recent rounds of globalization such as increased trade in services and foreign direct investment. Challenges faced by developing countries are also summarized, including winners and losers of trade liberalization as well as human rights and environmental concerns.
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries, therefore, it is very important to understand the "why, where, what and how" of our current situation.
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a presentation for this (pptx format). Kindly Search it here in my profile or you can click this link https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a material for this one in a "PDF" format. Kindly Search it here in my profile or you can click this link: https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries, therefore, it is very important to understand the "why, where, what and how" of our current situation.
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a presentation for this (pptx format). Kindly Search it here in my profile or you can click this link https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
SUBJECT: The Contemporary World
TOPIC: Global Migration
NOTE:
I also made a material for this one in a "PDF" format. Kindly Search it here in my profile or you can click this link: https://www.slideshare.net/NiaMaeSabillo/global-migration-250432429. Thank you!
The Contemporary World: Globalization of World PoliticsRommel Regala
This course introduces students to the contemporary world by examining the multifaceted phenomenon of globalization. Using the various disciplines of the social sciences, it examines the economic, social, political, technological, and other transformations that have created an increasing awareness of the interconnectedness of peoples and places around the globe. To this end, the course provides an overview of the various debates in global governance, development, and sustainability. Beyond exposing the student to the world outside the Philippines, it seeks to inculcate a sense of global citizenship and goal ethical responsibility.
A World of Regions - The Contemporary WorldtitserRex
This presentation was made to help other teachers in TCW discussed the topic more meaningful.
-from the book "The Contemporary World " by L. Claudio and P. Abinales
Hi Chers!
Just wanna help you guys since March 2020 LET was Cancelled here's a powerpint reviewer for Gen. Ed. - Mathematics.
Hope It will help you.
just click the link and download the Document.
Good Luck and Always Pray. I Know Papasa Kayo!
https://dollarupload.com/dl/91446
Definition of globalization. Types of globalization. Advantage of globalization: Cultural impact of globalization.Economic impact of globalization. Disadvantages of Globalization
Global Population and Mobility
- The Global City
- Global Demography
- Global Migration
- OFWs
Contemporary World
For educational purposes only. No rights to information and pictures.
The Contemporary World: Globalization of World PoliticsRommel Regala
This course introduces students to the contemporary world by examining the multifaceted phenomenon of globalization. Using the various disciplines of the social sciences, it examines the economic, social, political, technological, and other transformations that have created an increasing awareness of the interconnectedness of peoples and places around the globe. To this end, the course provides an overview of the various debates in global governance, development, and sustainability. Beyond exposing the student to the world outside the Philippines, it seeks to inculcate a sense of global citizenship and goal ethical responsibility.
A World of Regions - The Contemporary WorldtitserRex
This presentation was made to help other teachers in TCW discussed the topic more meaningful.
-from the book "The Contemporary World " by L. Claudio and P. Abinales
Hi Chers!
Just wanna help you guys since March 2020 LET was Cancelled here's a powerpint reviewer for Gen. Ed. - Mathematics.
Hope It will help you.
just click the link and download the Document.
Good Luck and Always Pray. I Know Papasa Kayo!
https://dollarupload.com/dl/91446
Definition of globalization. Types of globalization. Advantage of globalization: Cultural impact of globalization.Economic impact of globalization. Disadvantages of Globalization
Global Population and Mobility
- The Global City
- Global Demography
- Global Migration
- OFWs
Contemporary World
For educational purposes only. No rights to information and pictures.
Globalization - International Business - Manu Melwin Joymanumelwin
Each day, an average person makes use of goods and services of multiple origins—for instance, the Finnish mobile Nokia and the US toy-maker’s Barbie doll made in China but used across the world; a software from the US-based Microsoft, developed by an Indian software engineer based in Singapore, used in Japan; the Thailand-manufactured US sports shoe Nike used by a Saudi consumer.
6 Business–Government Trade Relations
Learning Objectives
After studying this chapter, you should be able to
1Describe the political, economic, and cultural motives behind governmental intervention in trade.
2List and explain the methods governments use to promote international trade.
3List and explain the methods governments use to restrict international trade.
4Discuss the importance of the World Trade Organization in promoting free trade.
A LOOKBACK
Chapter 5 explored theories that have been developed to explain the pattern that international trade should take. We examined the important concept of comparative advantage and the conceptual basis for how international trade benefits nations.
A LOOKAT THIS CHAPTER
This chapter discusses the active role of national governments in international trade. We examine the motives for government intervention and the tools that nations use to accomplish their goals. We then explore the global trading system and show how it promotes free trade.
A LOOKAHEAD
Chapter 7 continues our discussion of the international business environment. We explore recent patterns of foreign direct investment, theories that try to explain why it occurs, and the role of governments in influencing investment flows.
Lord of the Media
Hollywood, California — Time Warner (www.timewarner.com) is the world’s leading media and entertainment company and earns around $46 billion annually. Its businesses include television networks (HBO, Turner Broadcasting), publishing (Time, Sports Illustrated), and film entertainment (New Line Cinema, Warner Bros.). As Time Warner marches across the globe, people in almost every nation on the planet view its media creations.
New Line Cinema’s The Lord of the Rings trilogy (based on the tale by J.R.R. Tolkien) is the most successful film franchise in history. The final installment in the trilogy, The Lord of the Rings: The Return of the King, earned more than $1 billion at the worldwide box office. The entire trilogy earned nearly $3 billion worldwide and won 17 Academy Awards. New Line is now producing the prequel to The Lord of the Rings series, The Hobbit.
Source: David James/Warner Bros/Courtesy of Warner Bros./Bureau L.A. Co./CORBIS-NY.
Warner Bros.’s ongoing Harry Potter films, based on the novels of former British schoolteacher J.K. Rowling, have been magically successful. Kids worldwide snatched up Harry Potter books in every major language and now pour into cinemas to watch young Harry on the silver screen. Warner Bros. also hit it big in 2008 with the Batman film, The Dark Knight—one of the highest-grossing films ever. The company also produces mini-movies and games exclusively for its Web site.
Yet Time Warner must tread carefully as it expands its reach. Some governments fear that their own nations’ writers, actors, directors, and producers will be drowned out by big-budget Hollywood productions such as The Lord of the Rings and Harry Potter. Others fear the replacement of their tradition.
A complete Presentation on the topic of globalization, about its history, dimensions, GATT, role of multinational incorporation, international trade and Evolution of trade theories....
Essay on Cultural Globalization
Conclusion Of Globalization
Essay on The History of Globalization
Globalization Assignment
Globalisation Essay
Advantages of Globalization Essay
Essay on Globalization
Globalization
Impact Of Globalization
Global business today global 8th edition hill test bank.docxrightmanforbloodline
Global business today global 8th edition hill test bank Global business today global 8th edition hill test bank Global business today global 8th edition hill test bank
International business management essay globalizationBobby Darmawan
It is very hard to determine whether globalization is a good or bad thing. But after reviewing some literature, I would have to say that globalization is a good thing, despite all the critics. The most important thing is the usage of globalization to promote end of poverty.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
1. Introduction to
Globalization, Development, and
Conditions in the Developing World
2. Globalization generally refers to
international integration in commodity,
capital, and labor markets. (WTO)
Itnot simply a post-WWII phenomenon. What
other eras in history have been marked by
expansions of trade, capital, and labor
markets?
http://www.wto.org/english/res_e/booksp_e/
anrep_e/wtr08-2b_e.pdf
3.
4. What are key events in the latest round of
globalization?
5. Originally,concerned the trade of raw
materials, intermediary products, and final
goods
Now it can also include trade-in-services
Offshoring (a subset of outsourcing)
Element of the current Doha Round negotiations
6. Foreign Direct Investment
Stock/Bond investments across borders
Evenbeing able to take your own money
across borders was once universally subject
to controls. What political ideologies and
structures might explain the origin of
controls?
7. US-1/4 of American Doctors are foreign-born
France recruits at the top Senegalese medical
school
Bottom-line
for Skilled Labor: movement is
much more common and financially they
become better-off in the developed world
Integration is also at play. Where does this
exist?
Refugees?
11. There are winners and losers in trade
liberalization
For example, NAFTA caused issues on both sides:
Mexican stores and manufacturers struggled with the
„Walmart Effect‟ and some US/Canadian
manufacturing is now made in maquilladoras. Overall,
though total GDP increased in all countries.
Human Rights Concerns
Environmental Concerns
Fears of Neo-Imperialism
*Some misatribute their loses to free trade when it was
actually technological advances that made them
obsolete
12. AIDS/HIV
Spread from a few remote villages to the new
factories of Kinshasa, following the colonization
of Cameroon (by Germany).
Brought by returning UN peacekeepers to Haiti
Quickly goes global via jet plane travel
“Tinderbox” by Dr. Halperin & Timberg
“Dallas” Effect
Senegalese television shows & film were very
advanced, then came the US soap opera “Dallas”
Suddenly, attitudes towards wealth changed and
more and more shows were imported rather than
locally produced!
13. 1970s-Jamaican Government nationalizes the
bauxite industry (raw material for aluminum)
American companies continue to buy bauxite at a
higher rate, while they secure new sources in
Africa
THEN suddenly, the companies went elsewhere
and Jamaica‟s output went into free fall
Lessons:
Commodities are hard to nationalize, but does
this mean countries must give up everything to
MNCs?
14. Post-conflict Liberia was desperate for
investment and gladly accepted Mittal‟s
subsidiary‟s FDI contract to mine to find iron
ore with nearly no regulations
But as the Liberian economy became
stronger and a new government came to
power, it demanded the company to
implement environmental and human rights
regulations or leave. Did Mittal Leave?
15. This is referred to as the “obfuscating
bargain”
Mittal had already spent a lot of money
building mines, processing facilities, and a
railroad to export the iron ore.
The more fixed infrastructure, the more
power shifts more towards Liberia
16. Chinahas also done very well by allowing
MNCs into the country by maximizing the
number of backward linkages.
Domestic Partners/Suppliers
Mandatory Education
Factories are part of global supply chain
What
do all of these strategies have in
common
17. Accept Free Trade
Chile, Nigeria
Some Free Trade/Some Authoritarianism
China, Indonesia, Liberia
Reject Free Trade
Nationalize Industries
Jamaica in 1970s, Venezuela
18. International Financial Institutions
World Bank
IMF
Free Trade Agreements
What countries are most using these?
What trends are likely to occur in the future?
Multilateral Negotiations
WTO Rounds
Are there any alternatives?
Investment Promotion Agencies
Do differing Political Structures impact their
success?
19. IMF
Keep international economic stability
Traditionally for the developing world
Loans are made in SDRs (a basket of major
currencies)
1 SDR = $.648
World Bank Group
Promotes Development through loans
Mostly to the governments
Now more loans through public-private partnership
20. Role
is to reduce poverty through loans and
suggestions for policy choices
Includes IBRD & IDA
Great Source of Data:
http://povertydata.worldbank.org/poverty/ho
me
21. President Robert
Zoellick
Permanent Employees
Part-timers for a
maximum of 6 months
per year
22.
23. Lets see how our case studies have
interacted with the IMF:
(http://www.imf.org/external/np/fin/tad/e
xtarr1.aspx)
Zimbabwe
Peru
Indonesia
China
24.
25. Your country is not geographically near an
economic heavyweight like Mexico or Turkey.
Nor does it have a large abundance of Natural
Resources like Nigeria.
But unlike Zimbabwe, your country is well-
governed and takes part in the WTO.
What policies can the Peruvian government put
in place to increase trade and thus its
development?
26. Eliminates tariffs, import quotas, and
preferences on most goods and services
traded between the countries
Do FTAs apply to imports from other countries?
27. Signed in 1994, with the intention of fully
implementing by 1996
However, as often happens, implementation
of the politically sensitive Mexican Trucking
Provision, was not finish until a few months
ago (2011)!
Maquilladoras
28. Policy priority in several countries
Chile leads the world with over 50
The Southern Tiger?
China has been increasing its array throughout
Southeast Asia (China-ASEAN FTA)
Trans-Pacific Partnership
Would include most countries around the Pacific
rim including US, Japan, Indonesia, & Mexico
But do all the political institutions have the
strength to implement controversial trade
liberalization?
29. China-Peru FTA
Canada-Peru FTA
US-Peru Trade Promotion Agreement (PTPA)
Not quite an FTA, but made legal frameworks for
investors regarding:
Intellectual Property Rights
Labor Human Rights
Environment
30. 1947-United
Nations negotiates the General
Agreement on Tariffs and Trade
45000 tariff concessions
1964-8:Kennedy Round
1973-1979: Tokyo Round
1986-1994: Uruguay Round
World Trade Organization
2001-?: Doha Round
31. Most tarriffs were reduced in the early
rounds
Negotiations are now about technical issues
and last longer
This may explain the spread of FTAs that are
bilateral/multilateral – not global
33. IPAs
can be public, private or a public-private
partnership
Mostpublic bureaus are more like
“investment prevention bureaus”
Privatetend to not have power to make
things happen
Public-Private is rare but seems to work
Costa Rica convinced Intel to set up
manufacturing there in 1996
34. PublicAgency
Website is fancy
Unclear if the quality extends to face-to-face
Canyou think of any changes to its political
structure that might boost its effectiveness?
35. Up to this point we‟ve dealt only with the
Formal Sector. The Informal Sector are those
jobs that are not taxed or monitored by the
government.
Income is NOT included in GDP figures.
The majority of jobs in the developing world
are in the Informal Sector.
Here are some I encountered in Africa..
36.
37.
38.
39. While many in the Informal Sector do
legitimate business, a subgroup is committing
crimes.
The next three photos refer to one black
market I saw throughout Benin. What is it?
And make your best guess as to why it sprout
up in Benin.
40.
41.
42.
43. Oil is illegal obtained from pipelines in the
Delta.
It is then transported on motorcycles to Benin
Benin turns a blind eye because its citizens get
lower prices at “the pump”
Nigeria‟s reasons are less clear: bribery? jobs
for the poor?
44. Low income countries lose out on a lot of
potential revenue that could be used for
development
Most individuals rarely encounter the
government
Subject, Rather Participatory Relationship
Bribery, Bribery, and more Bribery
As a result the Millenium Challenge Corporation
(US), incentivizes countries to reduce corruption
as a prerequisite for funding
Editor's Notes
Containerization of Goods, Computers, Internet (ARPANET) combined with fiber optics, Jet Planes- “Tinder Box”, new open international system “experts in Tanzania, UN peacekeepers
Beginning of American Hegemony after WWII, 1973 Oil Crisis, Fall of the Soviet Union, 2008-2009 Recession
Mercantilism, Protectionism-colonies were only for the benefit of the colonizer, Now neo-liberalism
As you see the total wealth worldwide increased at at least double the rate of population growth.Trade clearly increased.Labor was mobile, and has been increasing even further. Finally, capital is being distributed much more now than before as both a percentage and in total amount. One big beneficiary of Taiwan, Korea, Singapore’s FDI has been China (we are talking close to a trillion dollars between 1984 and 2001)
Interactive Activities
They lead to increased capacity and human capital that can then be used by domestic producers (multiplier effect)
Established after WWII-they are traditionally headed by a European and American, respectivelyThe World Bank Group is now composed of for smaller agencies which all help develop countries
President Robert Zoellick replaced Paul Wolfiwitz in 2007-the biggest improvement appears to be diversifying their business model -e.g. efforts to better adapt to local situations (post-conflict, middle income, strong private sector)Then also notice how part-time employees are integral to this IFI- this is not how the IMF is. If you go to the HR page, don’t bother applying because they almost always promote friends from within (there is a big risk of cronyism)
Bi-yearly-it offers guidance to the international economic communityRecently updated-downward in both the developing and developed world-argued the epicenter is where? Europe-Asia is still doing well but is being held back
Pretend you are PresidentHumala – the average developing country
No, in fact, they usually use a system of certification of origin (rules of origin) to determine if a good meets a minimum extreme of local merial inputs and local transformations adding value to the goods.These policy-focused regulatory requirements has led to a lot of strange arrangements: Foxconn has a massive facility in Mexico so that the final goods are tariff free in Canada and the US markets. In Europe, Belarusian produce many of the finest coats in Europe – how? They are shipped German-made cloth and stitch it together. Likewise, expensive German steel is taken to Ukraine to produce cars.
Maquilladoras have brought Mexico into the global supply chain and improved the lives of the workers and the quality of Mexican productsMeanwhile, Walmart has absolutely destroyed many producers who could not lower their price enough
Council on Foreign Affairs- has begun arguing that FTAs will increasingly affect trade flowsASEAN-China FTA has the largest population of any such agreementAnswer of Question is debatable – think back to the trucking example; now think of the rule of law
Kennedy Round: tarrif concessions worth $40 billion, anti-dumpingTokyo: tarriff reductions worth more than $300BUruguay: First where developing countries have an active role=>it increased agricultural access to developed markers -Cairns Group: included ag exporters including Australia, Brazil, Canada, Peru, and Indonesia! -Established the World Trade Organization (most favored nation status) excluded China until 2001 and Russia even today
Intel chose Costa Rica over Brazil, Mexico, and ChileWhy?: Government was willing to install infrastructure and power to Intel’s requirements. Bureau was professionally run by bilingual, business professionals who received competitive wages
No tax revenues. In India, 90% of the population has an informal job – vendors, construction, small farmersBut much more labor flexibility than occurs in labor-controlled countries (Peru)China