a more interdependent process by which economies are becoming and interconnected in terms of commodity flows including externalities and spillover of Jacktenfuchs

are institutions that provide support through loans or grants and technical advices to promote a country’s economic and social development

are private institutions that produce or manufacture goods, products, and services for a more expanded market usually at the reach of regions or the world.

Have a more complex setting where each foreign subsidiary is given some freedom to develop its own product lines and marketing

have more of a home or country base taking care of the R&D and marketing, and focus more on exporting their products and services

occurs when a firm acquires others performing similar functions at the same level in the market.

happens when a company controls operations across multiple stages of the supply chain, such as an iron mining company also managing steel manufacturing.

3 key IFI's

Give 6 ex of IFI's

international organization cooperation and exchange stability to foster economic growth and high employment and to provide short-term financial assistance to countries to help ease balance of payments adjustments

3 actors in globalization

Two types of global corporations

He wrote the theory if a single country is economically problematic it affects our nation too

is a system of nongovernment institutions that operate across geographical borders and organize and mobilize for a common issue or cause.

enterprise that engages in activities add value (manufacturing, extraction, services, marketing, etc.,) in more than one country"

It is a theory of immanuel wallerstein

is a process of combining or increasing the interconnectivity of national economies to the regional or global economies.

the center of economic activities where most of the population lives and economic institutions and serves are based.

majority of the raw materials and productions and done or sourced out in the

serve as distributions or add value to the raw materials by the processing them for the core areas.

Two types of market integration

an institutional arrangement of governance that addresses regional or globalized issues that go beyond the scope of a nation-state

puts emphasis on diversity and celebrates multiculturalism,

focuses more on the economic aspect of the exchanges among countries and society.

scale and scope are limited in addressing regional and global issues like climate change, cybercrime, and global financial crises.

mixed non-state and nation state

regulates international trades, ensures smooth flow oftrade, and provides a forum for negotiations for tradeagreements among countries and regions of the world

responsible for global researches on medicines and vaccines including the World Health Report and Survey.

thirty five member countries aim to stimulate economic progress and world trade by providing a platform to compare policy experiences and identify good practices in domestic and international economic policies and programs of its members.

Labor problems and international labor Standards and social protection for workers.

leads international efforts to defeat hunger, eliminate food insecurity and malnutrition and increase resilience of livelihoods and foods.

contributes to peace and security by promoting international organization through educational, scientific, and cultural reforms.

For regulations of international air transportation

shipping and prevention of pollution at sea.

developing standards on ICT

International Intellectual property rights standards

the various intersecting processes that create world order

3 sources of global governance

often refers to international Intergovernmental organizations or groups that are primarily made-up of member-states.