POL 1101 Lecture Notes - Lecture 7: Bretton Woods, New Hampshire, International Political Economy, World Trade Organization
6 Apr 2016
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Document Summary
Globalization can be defined as the shrinking of time and space". It is also associated with the growth of supra-territorial relations among people creating complex series of connections that tie together people and nations of diverse cultures. By participating in these inter-connections, individuals and nations see the world increasingly as one place. Information and communications technology (icts) have been the main drivers and connectors of globalization. The sub-national level (provincial government of ontario) The national level (parliament of canada, federal government) Regional level (trade, dispute, and diplomacy at nafta, eu, au) In 1944, the un held its monetary and financial conference in bretton woods, New hampshire to discuss the post war global economy. This meeting led to the eventual creation of the bretton woods institutions like: The international bank for reconstruction and development (world bank); These organizations have played a very big part in securing global economic development and in making developed countries.
