POLS 2080 Lecture 14: Thursday nov 6 pols 2080
24 Jan 2019
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Document Summary
People say they are the drivers of globalization. Volkswagen producing cars for mexico, makes more sense to have an actual plant in mexico as its more cost effective. Trend- fdi flows are growing into developing economies. Same chart we saw before- showing how money flows across borders. Sweatshops in textile industry, assembly line jobs, while high wage/skill opportunities stay in developed world: connects to plebish and declining terms of trade for. Development of csr as a way to deflect calls for government regulation: a corporate movement where firms say hey we can act responsibly of our own accord, we don"t need laws haha . Greenwashing only saying it for the sake of appearing like we care to benefit business customers are more likely to purchase from them than the competitor. Lack of oversite- no ones really checking to see what they"re doing (this may actually be a positive) Advocates principles and obligations for responsible business practices.
