INTD 200 Chapter Notes - Chapter 6: Fernando Henrique Cardoso, Sub-Saharan Africa, South Asia
2 Oct 2016
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> development requires full integration into the world system, which implies in turn, accepting the terms of current macroeconomic policies as formulated by the world bank and the international. Monetary fund (de nded by the washington consensus : liberalization of capital ows and trade, privatization of public sector, abolition of the market"s restricting regulation) > the world has changed. capitalism has triumphed worldwide. Developing countries should prosper and progress through the world bank. But china"s economy continues to grow while north american and western economies are struggling to come out of the nancial economic slump of 2008. Time and space contracting globalization : mostly in the economic arena, that are taking place irrespective of the geographical location of participants. > link together and expands human activity across the regions and continents. > territory as a georgraphy reality no longer constitutes the whole of the social space" in which human activity occurs.
