HUMA 1770 Lecture Notes - Lecture 15: Mercosur, General Agreement On Tariffs And Trade, Nationstates

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1990 = end of cold war globalization became world-wide. Order #1 -- nation states = 195 of them in the world: us is bound by world globalization. Peace of westphalia = created the nation state after 30 years war in europe: all states were equal in theory, but some of them are more powerful in practice. Control them indirectly economically through debts after wars. Order #2 regional structures (eu, seaan association of se asian nations), mercosur, southern common. Market: eu: 27 members, mercosur: venezuela peru bolivia paraguay brazil chile uruguay, seaan: collectively counter-act the powers of the west. Order #3 un, nato: un: members can veto, instead of accept, nato: north atlantic treaty organization military counterbalance of us to soviet union. Order #4 transnational corp/multinational corp: 95% of the world"s largest economies: trans-multinational corporations (walmart, shell, corporations will be taxed less, idea to want to them be set up in canada. Order #5 : bretton woods meeting.

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