SOCA02H3 Chapter Notes - Chapter 19: International Monetary Fund, Parag Khanna, United States Treasury Security
Document Summary
What is globalization: worldwide exchange of money, goods and services as well as sociocultural changes that occur with increasing trade and human. The origins of globalization: before capitalism occurred west, arabs and indians traded good across great distances. Chapter 19: parag khanna wrote book about second world: empires and influences in the new global. Chapter 19: newly industrialized countries [nics] : poor countires that are beginning to industrialize, countries include brazil and mexico and four little asian tigers which included hong. Kong, singapore, south korea and taiwan which had inc. wealth growth. 18. 33 trillion and services rose to 4. 3 trillion: 1944 delegates of all 44 allied nations met with bretton woods to establish framework for postwar global economy they created: international monetary fund, world bank, and world trade organization. International monetary fund: has 187 countries involved was started to help promote international monetary stability, to foster economic growth and financial assistance to poor countries.
