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CA (543,250)
UTSG (45,890)
POL208Y1 (509)
La Haine (38)
Lecture

lec note

3 Pages
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Department
Political Science
Course Code
POL208Y1
Professor
La Haine

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POL 208 Feb 2 2011
Lake Victoria on TanzaniaDarwins
Nightmare
Egypt…. Structure of Egyptian economy
Inequality- poor live under 2 dollars per day…
40 % of the entire population… High level of
unemployment
Analysts say national economy as a whole has
been improving in Egypt
Political Regime  Economic condition
Underdevelopment
Trusteconomic globalization – labour
movementstill high restrictions
Impact of political border
Liberalization of capital float
Why does it matter? Allows capital to
exit If capital doesnt like the local
environment; like the local labor laws,
etc, It now has a viable exit option”
Substantial impact on politics and
economy
A Race to the Bottom?
-Taxation, labor laws, environmental
regulations, health regulations can
induce capital to move elsewhere 
exit!
-Canadian workers compete with child
labor in LDCs (Least Developed
Countries)
Ultimate result. Eroding, degrading
restrictionsA Race to the Bottom
Ex) reducing taxation… social legislation..
minimum environmental condition;
sweatshop
-The government has less autonomy to
set a policy according to local values,
needs and tastes
Will there be a convergence on the
lowest form of regulation?
One of anti-globalizationalists
motivations
Not only cheap, but healthier, educated laborers
more divergence is possible..?
*** Capital has a great impact on politics?
Ex) WalMart has larger economic entity
than many other nations
The State and the MNC; Multi National
Corporations
Is the state becoming powerless?
What are the ethical implications?
Does it force us to reevaluate the
winners and losers & with it the theory
of free trade?
Anti-globalization! Collection of
different interest groups with a variety
of concerns and agendas; focus on
redistribution, externalities (unwanted
side effects of international economic
interactions), democracy
Regulation from below??? Fair Trade
Certified…
Is there an alternative?
Rodriks Trilemma
Economic Integration
Race to the Bottom Global
Federalism
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Description
POL 208 Feb 2 2011 - The government has less autonomy to Lake Victoria on Tanzania Darwins set a policy according to local values, Nightmare needs and tastes Egypt. Structure of Egyptian economy Will there be a convergence on the Inequality- poor live under 2 dollars per day 40 % of the entire population High level of lowest form of regulation? unemployment One of anti-globalizationalists Analysts say national economy as a whole has motivations been improving in Egypt Not only cheap, but healthier, educated laborers more divergence is possible..? Political Regime Economic condition Underdevelopment *** Capital has a great impact on politics? Trust economic globalization labour Ex) WalMart has larger economic entity movement still high restrictions than many other nations Impact of political border The State and the MNC; Multi National Liberalization of capital float Corporations Why does it matter? Allows capital to Is the state becoming powerless? exit If capital doesnt like the local environment; like the local labor laws, What are the ethical implications? etc, It now has
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