INTS 1700 Lecture Notes - Lecture 9: Hegemony, Human Development Index, Vertical Integration
25 May 2017
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Document Summary
Money is coming from a different country into another and is resulting in tangible goods for that other country. Example: american going into a different country, builds a factory, produces goods within the new country. All the production that happens, inside your border. How much value a country has produced within a year. Doesn"t account for cost of living and the inequalities of distribution. Gini coefficient- measures income inequality (between the rich and the poor) Currently we have a high level of interdependence and interaction. Investors began to get nervous because of the tibot (below) Thailand government pegged the tibot, keeping the currency and its slow at a set amount (30 bot) Investors pulled out of thailand for fear of the economy tanking (as an actor, it was rational) When the investors pulled out, the economy crashed. All the money that companies had been promised through investments, disappeared. Projects couldn"t complete their outputs through production, projects went unfinished.
