POL 1102 Study Guide - Final Guide: Paris Club, Washington Consensus, Free Trade
14 Jul 2014
School
Department
Course
Professor
Document Summary
These strategies provided capabilities of capital growth and the introduction of corporations that otherwise would never consider such possibilities: technology: Informal group of the 19 richest countries, they provided services such as debt cancelation, debt restructuring and debt relief. This concept facilitates the deliverance of messages, ideas, merchandises, moneys, investments and people crossing borders between nations: liberalization: this term is used to relieve imposed limitations and restriction, consequently creating an open or borderless terrain for exchange and use of international resources this concept essentially displays the deregulation of the world, making border lines irrelevant , universalization: this term is used to explain this diversity of globalization. American standards in which humanity will eventually be exposed to, consequently destroying pre existing cultures and self sustaining local markets this concept of modernity is linked to westernization, relevant to capitalism, industrialism, rationalism and so on.
