SOSC 1430 Lecture Notes - General Agreement On Tariffs And Trade, Nationstates, World Trade Organization

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1944 est: intl bank for reconstruction and dev - world bank: support countries in long term dev plans by providing technical assistance and funding and the primary target was. Global interdependence: ex. debates on global warming - what other countries do has an impact on everyone; long term weather patterns are altered - ex. through human activity. Regulation of transnational relations: states had more freedom in est domestic policies previously. Power of transnational corporations: increasing in strength. Global cities: hubs of communication, capital flows - not just in europe and north. Western-style consumerism: erasing local culture v. hybrid, reinforces nationalism. Multinational and international apply to countries and corporations. Key players = ntl corporations and economies. Activities go beyond national boundaries; not nation as prime area of analysis. Corporations dont have ntl loyalties - their shareholders. Free movement of goods, services, capital across borders. Increase power of tnc and tnis; perhaps more important than many of the world"s govts.

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