POLSCI 1G06 Lecture Notes - Lecture 8: Universal Postal Union
28 Sep 2016
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Document Summary
International trade and investment have increased enormously in the last 50 years international economy has grown faster than the national economies. Look up: chart on growth of trade since 1950. By some measures (trade as a percentage of gdp, capital flows/gdp), much of the world was more internationally connected in 1913 than it was until the 1990s trade becoming more signi cant international trade has always existed - not a new phenomenon. there has been a qualitative di erence between trade then and trade now. In any event, to paraphrase scholte, if globalization is nothing more than the resurrection of social processes that have happened in the past, then why invent a new term for it: if the definition of a core concept is slippery, then the knowledge built upon it is likely to be similarly shaky and, in turn, the policies constructed on the basis of that knowledge can very well be misguided (scholte) .
