Geography 2143A/B Study Guide - Quiz Guide: European Potato Failure, John Maynard Keynes, Fred Hochberg

• School: Western University
• Department: Geography
• Course: Geography 2143A/B
• Professor: Milford Green

Document Summary

The real story of globalization: globalization first occurred in manilla when spaniards traded silver mined by south. History of globalization: charles kindleberger economic hegemon to finance the world economy. Britain absorbed debt and surplus until wwi: norman angell said europe so interdependent war is futile, he was wrong (wwi) The sticky superpower: america is an unstable hegemon, global share is falling and politics are facing inward. Jack ma offered to fund small american firms so chinese may do internet shopping. American economic strength is decreasing, however he bought (cid:396)eal estate i(cid:374) the (cid:374)atio(cid:374) due to a(cid:373)e(cid:396)i(cid:272)a"s intellectual property and use of law: american economic dominance was never absolute, 1946-1991 ussr challenged, (cid:1005)(cid:1013)(cid:1011)(cid:1004)"s o(cid:374) Chi(cid:374)a"s i(cid:374)(cid:272)(cid:396)eases: chi(cid:374)a is li(cid:373)ited te(cid:272)h(cid:374)ologi(cid:272)all(cid:455) (cid:271)(cid:455) its (cid:862)great firewall(cid:863), so a(cid:373)e(cid:396)i(cid:272)a do(cid:373)i(cid:374)ates, a(cid:373)e(cid:396)i(cid:272)a"s fede(cid:396)al (cid:396)ese(cid:396)(cid:448)e (cid:396)u(cid:374)s glo(cid:271)alizatio(cid:374), de(cid:373)a(cid:374)d allo(cid:449)s (cid:272)heap loa(cid:374)s, america is very complacent, doing nothing to build its financial power or help others.