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GEO 208 (4)
Chapter 3

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Department
Geography
Course
GEO 208
Professor
Christopher Greene
Semester
Winter

Description
• The conventional unit of analysis of the global economy is the individual country. • Virtually all the statistical data on production, trade, FDI and the like are  aggregated into national ‘boxes’.  • Such a level of statistical aggregation is less and less useful in light of the changes  occurring in the organization of economic activity • We have to rely heavily on national­level data to explore the changing maps of  production, trade and FDI.  • national boundaries no longer ‘contain’ production processes in the way they once  did • we need to find ways of getting below the national scale – to break out of the  constraints of the ‘national boxes’ in order to understand what is really going on  in the world.  • How we might proceed lies in the notion of connectivity.  • A diagnostic characteristic of contemporary globalization is that the component  parts of the world economy are increasingly interconnected in qualitatively  different ways from the past.  o The world economy consists of tangled webs of production circuits and 
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