GEOG 210 Lecture Notes - Lecture 15: Core Countries, Oligopoly, Ideal Type
Document Summary
Geography lecture 15 the global local nexus. 3 approaches: how can we better conceptualize globalization, what about glocalisation, what is globalization, the widening, deepening and speeding up of worldwide interconnectedness in all aspects of contemporary social life. Globalization as a process: changes in relationships between capital, labor, and the state. Imf and word bank came out of this: but, this became unstable after a while because us backed out and removed, coincided with technological change: gold standard, telecommunications, telegraph, telephone, television. Internet: now use fiber optic cables, coincided with economic development, search for markets, national markets (cid:498)saturated(cid:499, growth in internationalization. Key factors for globalization: production mncs, trade, services, labor (nidl, production, core countries, r&d, ex: us, and others, semi-periphery, secondary r&d, ex: hong kong, australia, satellite countries/periphery, manufacturing in factories, ex: india, china, peru. Positive or negative roles: appropriate technology transfer. However, once there, if environmental laws are more lax, event better: trade.
