GEOG 2337 Lecture Notes - Lecture 7: General Agreement On Tariffs And Trade, Populism, World Trade Organization
9 Feb 2020
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Document Summary
Globalization: geography of capital accumulation, changing division of labor (urbanization, cyclical nature of capitalist system (3 phases, rise and fall of particular regions, fluidity of boundaries and border zones. 3 perspectives of globalization: hyperglobalists, skeptics, transformationalists. What is globalization: space-time compression, decreased friction of distance, expansion of market system, rise of transnational actors (un, rise of subnational actors (nation states, move towards a borderless world. Political outcomes of globalization: world cities (ex. London and new york: sites of, finance, high order business services, educated, corporate headquarters, ngo"s and world organizations, media and culture industries, kof index, economic globalization, political globalization, social globalization, global governance, un. G-20: formed in 1999, accounts for 80% of world gdp and trade, primary forum for economic matters. Imf international monetary fund: world bank loans for capital infrastructure programs, gatt & wto formed in 1995, regulate international trade.
