POLB90H3 Lecture Notes - North American Free Trade Agreement, Millennium Development Goals, World Trade Organization
Document Summary
Lecture 2: the politics of development in global context: actors and issues. Globalization (economic): the elimination of economic borders and the increase in international exchange (particularly in trade and investment): other meanings of globalization include cultural, technological, political, media. ; thus, labor could be moved to the global south: rise of the brics (brazil, russia, india, china and south africa) The main actors: multinational corporations: more powerful than many global south government. Include banks (bank of nova scotia, etc. : governments of global north countries (u. s. , multilateral lending institutions; engage in conditional lending. International monetary fund: the world trade organization (wto, governments and blocks of global south countries (e. g. brics, group of 77, alba) Alba: venezuela, nicaragua, cuba; very radical; very strongly opposed to the existing economic order and world trade rules: civil society, trade union organizations. Although poverty reduction has been challenged (surveys done in urban areas with little/no poverty).
