ECO 3111 Lecture Notes - Lecture 1: Authoritarianism
13 Mar 2018
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Document Summary
Policy and business decisions in a post-globalization world - (po: globalization has ended: trade policy tensions: offshoring-inshoring, & labour saving tech, currency wars * canada"s currency depreciated by 40% - so other countries (states) will want to depreciate their currency too. Global prosperity but pockets of economic stagnation. Assertive asian and other emerging economies and the us hegemony. & north amer. ) democracy & international economic world order undress stress- rise of populism (fascism) , authoritarianism (russia, china,), indian national democracy. Decline of factory workers/manufacturing, routine manual labour. Urbanization, multiplied (+), however extreme poverty has declined. Africa has world"s youngest populations (more than 50/60% under age 20 years old) younger populations = more /faster growth *canada etc under 20% are under. Employment loss to the china, jobs and manufacturing going to china. Canada"s trade - canada is not a trade nation, cannot maintain trade levels, worst in. G20 in 2000-2016 note* in 2000 canada was most trade dependent country in g7*
