ILST 2655 Lecture Notes - Lecture 1: Resource Depletion, Neocolonialism, High Tech

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How to assess impacts of globali: globalist school heading towards fully integrated global economy. ), increasing financial flows, improved communication, technological advances, labour mobility. Results of belief: stretch economic processes, intensified flow of network economic interaction, increase foreign investment(e. g. us debt in china"s hand), tourism, Gap betweenpoor and rich can be broken: transformationalists- accepting it but globalization is invitable. Government has power to trade internationally, states bilateral and multilateral cooperation to regulate and control, dvlpmt of regional economies. Globalization can"t be broken: inter-nationalists- significance of globalization is exaggerated. Are they capable of transforming? (moving away from ira q for oil), most. Mncs are still national, some are still nationalistic countries and not transnational. ** know what you want to look at, & how you will understand it. Increase in trades of goods and services- continues to increase, tripled since 1970s. Results of global assembly line, creates 2 forms of corporations: transnational corporation- form of organization, but it has subsidiary elements.

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