GEOG 4 Lecture Notes - Lecture 8: Private Bank, Financialization, Big Questions
Document Summary
Today"s agenda: review lecture 10: capital markets, review lecture 11: globaliza9on and migra9on, migra9on exercise. Di erences between direct investments & porrolio investments. Afer produc9on and consump9on, now also. Moreover, it facilitates even further spread" of globaliza9on. Pull factors: violence (war or high crime, economic hardships, ethnic or religious persecution, degraded resources, natural disasters or poor weather, peace (or more security, economic opportunities, freedom from persecution, better sense of place or weather. Three big quescons in the economics of migracon. If there is wage inequality in the host/des9na9on countries, higher skilled workers will move. If there is wage equality in the host/des9na9on countries, less skilled workers move. 5: the top ve countries receiving legal permanent residents were: mexico, china, india, Even in the o cial sta9s9cs, there are very few strictly. Migra9on is a social, poli9cal, cultural and economic process.