POLS 2080 Chapter Notes - Chapter 6: Labor Rights, Liberal Democracy, Deterritorialization
22 Dec 2016
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Fernando henrique cardoso: proposed development requires full integration into the world system; accepting the terms of current macroeconomic policies as formulated by the world bank and. International monetary fund: modern communication and transportation allows for the geographic divide between the north and. South becomes blurred: globalization is generating a new pattern whereby poverty and wealth are redistributed through a reconstituted structure of exclusion. In 2008, exports and imports exceeded trillion; an increase of 12% from the previous year. It is projected that these developing countries will receive more than half of the global fdi in the next decade. Four countries have received 46% of fdi flows to developing countries (india, china, brazil and south africa). Sub-saharan africa has a high ratio of exports to gdp (30%) yet remains poor because its products are cheap. Rich and powerful countries concentrate their productive capacities and exports on high- value goods and services.
