[SOCL 1246] - Final Exam Guide - Everything you need to know! (28 pages long)
29 Nov 2016
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Document Summary
The unfair trade o : globalization and the export of ecological hazards. Globalization: imposition of neoliberal capitalist developmental models around the world. This leads to a growing pace of economic integrity. Rst time life expectancy of white males is going down. highest rates of income inequality how were the conditions in the global south created in the petrodollars - you have to lend the money to make money through interests. Import substitution indutrialization - many countries in global. S wanted to break out of the role of dependency. So that they are able to create their own commodities instead of importing the commodities. Borrowed a lot of money from some banks. Stag ation in ation went up, cost of money became very expensive bc 18% interest rates. couldn"t pay back their loans. World bank and imf made deal with global s will renegotiate debts, but they have to adopt a new neoliberal economic program.
