Social Justice and Peace Studies 1025F/G Lecture Notes - Lecture 9: Bretton Woods Conference, Washington Consensus, Mcworld
14 Dec 2018
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Document Summary
Socljust 1025f lesson 9 global capitalism, world trade, development & During the cold war: 1st world, 2nd world, 3rd world. Most common language today: global north vs global south. Globalization refers to the process of international integration. Cultural globalization: this means the spread of cultural ideas & values across the globe. The spread of music, food, ideology, religion, etc. Sometimes the spread of american values across the world is referred to as. Technological aspect of globalization things like the internet & telecommunications which make it much easier & quicker to communicate with people across vast distances. Economic globalization: global trade & flows of capital across borders managed by. Deregulate so that there are less regulations on business. Free trade so that there are less barriers to international firms investing in a country. The standard rationale is that these are the key ingredients to prosperity & development. These policies will make it attractive for big multinational companies like nike or.
