HIST 1F96 Lecture Notes - Lecture 11: World Social Forum, Neocolonialism, North American Free Trade Agreement
Document Summary
American and latin american tensions: us government and business leaders want to promote free trade, so capital/services can move back and forth, resistance was common in latin america, collapse of neocolonialism, revolts and revolutions. Canada has ties to the us, but desires to maintain national sovereignty. Globalization: linking across national boundaries (international process: we see inequalities persist. Globalization had its roots in the cold war, through the desire to maintain power in colonies. Promote economic development in latin america that would be compatible with. Us was buying more products internationally than they were selling. Overseas production: us wanted to set up production internationally, us policy said if production was international, they would only need to pay the tariff on the labour and not the entire duty. International monetary fund provides loans to struggling countries to help stabilize their national economies: mexico borrowed money from institutions, but they needed to agree to make changes to their societies.
