Political Science 2231E Lecture Notes - Lecture 24: Israel Bonds, Planned Economy, Global Financial System
5 Dec 2017
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Not always talking about organizations when referring to institutions, but also could refer to a common governance over several countries such as nafta: the spread of certain ideologies and policies. For example the ideology of a free market being the best way to run an economy. Neoliberalism is a massive influence in this manner. Economic globalization: dominant subfield of international politics in the news now is trudeau visiting china to negotiate free trade deals, not the ballistic missile crisis. Services makes up of 50% of the gwp: services: education is a service it is apart of the economy. Another service internationally engineering companies go around the world trying to sell: since the 1980s, services make up 20% of total trade. Can do it within own country or do it their trade. Bonds are where you lend money to: global finance is a product of the global economy, relatively new, only emerged in the 70s/80s share in a company.
