IDSB04H3 Lecture : globalization

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Informal sector: outside of legal and social institutions. Such as sex work and child labour but it could also mean cottage work. Multinational and transnational corporations: often have special deals with government which they do not have to abide laws and regulations, trying to avoid regulations. Gnp: total country outcome, as an economy as a whole. Free trade and financial liberalization: privatization and deregulation. Debt crises and imposed conditionalities of ifis to abandon welfare state. Occupational(work-related) health and disease health problems also understood as manifestation of globalization. Spread of infectious disease (e. g. sars, h iv, tb, west nile) Spread of political, social, and cultural conditions that underpin health and disease (e. g. mental illnesses and diabetes) Best known book: the medium is the massage. Coined the term global village a world made smaller and more integrated by mass communication; electronic media; cultural interconnectedness. Promotion of free markets /removal of trade barriers, resulting in: Growing dominance of western-based transnational capital; and www. notesolution. com.

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