POLSCI 2H03 Lecture : Globalization

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Solutions to underdevelopment y resist liberalization: autarky. realist perspective on economic affairs at the international level where you have a political economy at the national level, on your own. You are doing it yourself and sealing yourself off from international activities. way of extreme resistance by doing your own thing. you will attempt to manufacture the goods that you can within reason without importing them. the global north should fund structures that might further represent the global south kind of like a legal aid y fair trade: agricultural subsidies y fair representation of the global south in global economic institutions. Fair and free trade y what is fair trade: variety of interpretations. It can simply be fair trade certified products like coffee where a greater proportion of the profit generated it given to those who grow and produce the goods.

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