Class Notes (839,573)
Canada (511,407)
POLSCI 1G06 (280)
Todd Alway (280)
Lecture 9

Political Science Lecture 9b globalization.doc

3 Pages
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Department
Political Science
Course Code
POLSCI 1G06
Professor
Todd Alway

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Political Science 1G06 2013 Lecture 9b GlobalizationWhat exactly is GlobalizationWhat is so new and different about the world that we have to coin a new word to describe itWhat Globalization is arguably not or at least not just1 Increase in international trade and investmentInternational trade and investment have increased enormously in the last 30 yearsHowever trade and financial flows are not a unique characteristic of ththe late 20 centuryBy some measures trade as percentage of GDP capital flowsGDP the world was more internationally connected in 1913 than it was until the 1990sMoreover trade can take place between national economies without indicating any socially significant interpenetrationAn international economy is not the same thing as a global economy2 Increasing power of Multinational CorporationsSome of the largest ec
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