GGRC45H3 Study Guide - Final Guide: Bloor West Village, Eglinton West, Lake Ontario
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Ta: seitzd@geog. utoronto. ca - bv448 thurs 11 am 12 pm. I sit at a mahogany table from honduras. The carpet on which it stands has been manufactured at kidderminster in. England from wool brought by a sailor from the river plate or new south wales. Globalization is difficult to define. Globalization scholars regularly debate what is actually meant by the term. However, most agree on two things: globalization is happening, globalization is a process of increasing interconnectedness. Between the old and the new world: all these are economically focused. (economic globalization focused) Measuring globalization: trade openness, fdi foreign direct investments, capital account restrictions, barriers to trade. Globalization includes social, political as well as economic factors. Kof index globalization: the index not only looks at economic it also looks at social and political globalization. Weights determined by objective statistical method. Variables transformed on 1- 100 scale, where higher values represent more globalization. Results in data for 122 countries, 1970- 2007.
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