POLD89H3 Lecture : lecture 2

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It is a fundamental transformation in societies because of the recent technological revolution which has led to a recombining of the economic and social forces on a new territorial dimension: the world bank. Logical, happening, continue to happen and inevitable. Something we cannot stop: world bank economies are integrated or are becoming integrated. But economies of poor counties are not integrated. They are only supply of cheap labour at the most. All societies and economies benefits from it. Less developed do not benefit so much but developed do. Not defining the nature of globalization and is optimistic: un suppose to take no sides. Yes we trade more and when we do it has certain consequences. When we stop buying products the poor people do not have enough money: who points to a certain element like health. For ex: sars started in china but the effects were felt all over the world.

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