POL316Y1 Lecture Notes - Lecture 11: Kyoto Protocol, Economic Globalization, Fordism
16 Apr 2015
School
Department
Course
Professor
Document Summary
4:07 pm: introduction, technology has lead to a higher scope for making decisions for economic interactions o. Nafta, imf, wto - all have regulations which must be followed. Economic globalization has lead to international investment, as well as in trade and investment. It is no longer a purely domestic market, but rather an international one economies function. Manufacturing has been advance with robotic technologies, and product processes have been more efficient while producing high quality products. This had lead to a more knowledge and technological based economies. The world has become geographically much smaller, while economics have become more open and competitive decisions to help maintain economic growth and have strong economies. This leads to important policy making: does economic globalization foster greater centralization or decentralization of intergovernmental relations within nation - states , with globalization, there has been a process of decentralization.
