In this lecture, we review some of the major institutions with power over international trade and finance. These include the World Trade Organization (WTO), International Monetary Fund (IMF), and the World Bank (WB). Peripheral bodies such as the United Nations (UN) are also mentioned. We end the lecture with a review of the current debate on globalization, its pros and cons.
Learn more about leveraging AI within your organization! AI has the promise of driving operational efficiencies, enhancing compliance and informing investment decisions. Join our candid discussion with some of today’s leading experts on where the dollars are going, which trends are being successfully implemented, and which technologies promise to shape the next decade within the global asset management industry. Hear asset management case studies in and get an insider’s “reality check” on all things AI.
THE WORLD ECONOMIC FORUM... NOT JUST DAVOS telosaes
The World Economic Forum (WEF), better known as the “Davos Forum”, is an international non-for-profit organisation committed to ‘improving the state of the world’. During the Forum he top managers to meet with political and NGO leaders, scientists, civil society leaders and religious leaders to discuss key topics of global concern: international geo-political conflicts, economic issues, the environment, etc.
NDIA's 35th Annual National Logistics ForumErnest Jacquet
With close to four decades of experience in financial consulting, Ernest Jacquet serves as managing partner of Freedom Capital Partners, a firm based in West Palm Beach, Florida. Among his professional activities, Ernest Jacquet attended the 2017 National Logistics Forum, hosted by the National Defense Industrial Association (NDIA).
We will first look at the world trading system as it has evolved under the General Agreement on Tariffs and Trade (GATT) and the establishment ot a permanent international institution known as the World Trade Organization (WTO).
A presentation held by Dr Armin Haas, Institute for Advanced Sustainability Studies, Potsdam, at the high level seminar "Towards a sustainable financial system" hosted by the Stockholm based think tank Global Challenge in cooperation with London School of Economics and The Swedish House of Finance on September 12th 2013.
In this lecture, we review some of the major institutions with power over international trade and finance. These include the World Trade Organization (WTO), International Monetary Fund (IMF), and the World Bank (WB). Peripheral bodies such as the United Nations (UN) are also mentioned. We end the lecture with a review of the current debate on globalization, its pros and cons.
Learn more about leveraging AI within your organization! AI has the promise of driving operational efficiencies, enhancing compliance and informing investment decisions. Join our candid discussion with some of today’s leading experts on where the dollars are going, which trends are being successfully implemented, and which technologies promise to shape the next decade within the global asset management industry. Hear asset management case studies in and get an insider’s “reality check” on all things AI.
THE WORLD ECONOMIC FORUM... NOT JUST DAVOS telosaes
The World Economic Forum (WEF), better known as the “Davos Forum”, is an international non-for-profit organisation committed to ‘improving the state of the world’. During the Forum he top managers to meet with political and NGO leaders, scientists, civil society leaders and religious leaders to discuss key topics of global concern: international geo-political conflicts, economic issues, the environment, etc.
NDIA's 35th Annual National Logistics ForumErnest Jacquet
With close to four decades of experience in financial consulting, Ernest Jacquet serves as managing partner of Freedom Capital Partners, a firm based in West Palm Beach, Florida. Among his professional activities, Ernest Jacquet attended the 2017 National Logistics Forum, hosted by the National Defense Industrial Association (NDIA).
We will first look at the world trading system as it has evolved under the General Agreement on Tariffs and Trade (GATT) and the establishment ot a permanent international institution known as the World Trade Organization (WTO).
A presentation held by Dr Armin Haas, Institute for Advanced Sustainability Studies, Potsdam, at the high level seminar "Towards a sustainable financial system" hosted by the Stockholm based think tank Global Challenge in cooperation with London School of Economics and The Swedish House of Finance on September 12th 2013.
sexual misconduct(Kamesumicchacara) and philosophical implications of sexual ...Yota Bhikkhu
Like poisonous trees always yield poisonous fruits;
so do sexual misconducts and sexual deviances
always yield
misconducts and deviances.
Pamaha Yota Payutto (Chaiworamankul)
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Globalisation
Civilization
Pluralization(Pluralism)
-Political Security Community
-Economical Security Community
-Social and Cultural Security Community
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Globalisation
• Definition:
– An economic phenomenon?
– A social phenomenon?
– A cultural phenomenon?
• The movement towards the expansion
of economic and social ties between
countries through the spread of
corporate institutions and the capitalist
philosophy that leads to the shrinking
of the world in economic terms.
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Integration of Economies
• The increasing reliance of
economies on each other
• The opportunities to be
able to buy and sell in
any country in the world
• The opportunities for
labour and capital to
locate anywhere in the
world
• The growth of global
markets in finance
Stock Markets are now accessible
from anywhere in the world!
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Integration of Economies
• Made possible by:
– Technology
– Communication networks
– Internet access
– Growth of economic cooperation –
trading blocs (EU, NAFTA, etc.)
– Collapse of ‘communism’
– Movement to free trade
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Trade versus Aid?
• Benefits of Trade:
– Increased choice
– Greater potential
for growth
– Increase
international
economies of
scale
– Greater
employment
opportunities
Trade has led to massive increases in wealth
for many countries.
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Trade versus Aid?
• Disadvantages
of trade:
– Increase in gap
between the rich and
the poor
– Dominance of global
trade by the rich,
northern hemisphere
countries
– Lack of opportunities
for the poor to be able
to have access to
markets
– Exploitation of
workers and growers
How far does trade help children like
these?
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Corporate Expansion
• Multi-national
or trans-national
corporations
(MNCs or TNCs) –
businesses with
a headquarters
in one country but
with business
operations in a
number of others.
No matter where you go in the world, certain
businesses will always have a presence.
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Corporate Expansion
• Characteristics:
– Expanding revenue
– Lowering costs
– Sourcing raw
materials
– Controlling key
supplies
– Control of
processing
– Global economies
of scale
Controlling supplies may be one reason
for global expansion.
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Corporate Domination
• Key Issues:
– Damage to the
environment?
– Exploitation of labour?
– Monopoly power
– Economic degradation
– Non-renewable
resources
– Damage to cultures
Shell and Nike’s activities have
come under severe criticism
in some quarters.
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Other Issues:
• Accountability
of Global businesses?
• Increased gap
between rich and
poor fuels potential
terrorist reaction
• Ethical responsibility
of business?
• Efforts to remove
trade barriers
There are plenty of people who believe that
globalisation is a negative development,
protests at the G8 summits, pollution, poverty
and concern over GM crops are just some of
the issues.
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