SOC 145A Lecture Notes - Lecture 7: Conditionality, Global Governance, Modernization Theory
Document Summary
Globalization project: what is the globalization project, the road to globalization, global governance of trade. Usa has never been hurt by the globalization project-- we have benefitted the most from it. Yet, the usa complains that people are stealing americans jobs in china, The usa is getting ripped off by the globalization project. The usa has the largest gdp than any other country. A political-economic project constructed and managed by elites. Central management of trade rules through multilateral agencies. Increased export orientation, tariff reductions, and free trade agreements. Financial deregulation of banking, finance, and insurance. Neoliberal theory of development- market is efficient, and gov. Stress the role of the market in bringing positive change. Discount the role of the state in economic development. Emphasize economic growth, political stability, and cultural change in the third world (similar to modernization theory in this respect)
