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McMaster University
Labour Studies
John Barkans

Jan 13 Globalization 70-80 new phase of globalization Huge increase in value of exports...mainly in developed countries but only until 1990s, then dropped down again North north trade has declined relative to north south trade (trade between the north and north - industrialized or north and south) Industrialized countries and euro transition countries percentage of manufactured good exports declined while developing increase their percentage share in world manufacturing exports Growing importance of manufacturing in the south (developing) New international division of labour with globalization 1900s colonialism, national building, imperialism Poor countries got goods (national resources, raw materials) from periphery Used to feed labour force and make goods Then exported some of manufactured goods back to colonial countries but only a little because they couldn’t afford it Poor countries sold to their own domestic markets and to each other Peripheral countries exported national resources and not much export of manu goods because they couldn’t afford it New division of labour=unequal Countries of south getting involved in manufacturing not just raw materials Fundamental shift in trade Financial integration Political institutions actors Shift in global division of labour..who is manufacturing, being exported to where Similarties to mcbrides and teeple’s views Biggest disagreement between these two authors Teeple: nations power transferred to intl markets and ingos, ie imf The nation state as we know it is disappearing, no more pow
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