GEOG 216 Lecture 1: GEOG 216-ALL LECTURE NOTES
27 Dec 2017
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)conventions of various kinds: quantitative + qualitative changes that facilitate deeper global integration, there is a qualitative aspect, economic globalization has qualitative changes that take place in the production systems themselves. Skeptics: economic globalization: overblown, a myth or mis-labeling of internationalization, nothing new, the world today is more international that it was. Looks at trade gdp ratio. the nation-state remains the number one actor (completly different than what the hyperglobalizers argues) Transformationalists: they argue that globalization does involve something new : set of on-going and transformative processes, often conflictual, open-ended. Constantinople fell to the ottoman turks and when this happened, it essentially boxed europe in-gave rise to two key phases in the development of the global economy. What"s new in our global economy: more of everything (capital, people, trade, trade and capital flows comparable to 19th century, type (composition) of trade and capital flows has changed.
