POLS 2080 Lecture Notes - Lecture 11: Human Waste, Sustainable Development Goals, Geoffrey Scoones
9 Dec 2015
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Protectionism dominated economic policies in the 16-18th c. Why free trade is better than protectionism: hong kong best ex of free trade. Globalization and free trade: wins seem to be distributed asymmetrically in practice. Ex farm in africa selling raw goods such as fruit, different market access than highly developed producer in california with all the technology and mechanisms to get stuff to the market. Not the same kind of level: unbalances terms of trade. Raw goods on one hand, finished goods on the other, policies tend to benefit ones who are already doing well. Another way that the rich get richer: laissez-faire is more a myth than actual practice. Economists like to draw on nics such as hong kong and north america. November 17, 2015 intervention taking place in these places. There is not one single case between borders where there was no state intervention.
