DEVS 230 Study Guide - Final Guide: Good Governance, Debt Crisis, Foreign Direct Investment
6 Feb 2017
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Susan strange (cid:498)power in the world economy. Power lies in four sources: control over security. If you can provide security then you have power. The higher the perceived risk the more power you have. High risk of terrorism the government has the power to enact bill c51 even though it infringes on human rights: control over production. Control over what will be produced and by what means, how those who control production exercise power. Toyota company supplies a lot of jobs for a town they have the power to do that and to kick people off their land to expand: control over credit. Banks have the power to give credit, power to decide if a business starts or not, allows for investment: control over knowledge. Access and knowledge of technology gives you power. Patents control who gets to use knowledge. Relational power: the power of a to get b to do something they would not otherwise do.
