POLI 2520 Lecture Notes - Lecture 7: United States, 1997 Asian Financial Crisis, North American Free Trade Agreement
21 Nov 2017
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Document Summary
Globalization (as seen in textbook) - increasing interconnectedness, and changing scale of problems/solutions from a national to global scale, meaning that politics then becomes global. Changes how we think about the causes of politics (now global) Economic globalization - technological changes which have changed the relationship between states and markets. About technological changes that caused changes in how economic interactions took place. Things can be moved around world much faster. Can now build cars abroad and ship to united states (or other consumer) Previously people would have to build them in us, to sell in us. Corporate headquarters can be far from production and consumption point. Used to have to move physical money, or a representation. Changes power balance between corporate interests and governments. Used to have to go with a briefcase to buy a factory, and then own it for your lifetime and maintain a close relationship with the government.
