åé¡äžèŠ§
1
GLOBALIZATION
2
GLOBALIZATION
3
ECONOMIC GLOBALIZATION
4
JULY 1944
5
THE BRETTON WOODS CONFERENCE (JULY 1944)
6
General Agreement on Tariffs and Trade (GATT 1947)
7
BRETTON WOODS INSTITUTION
8
1945
9
to promote global monetary cooperation and international financial stability.
10
INTERNATIONAL MONETARY FUND
11
To provide short-term loans to prevent devaluation and retain the state's fixed exchange rate
12
BALANCE OF PAYMENTS DEFICIT
13
BALANCE OF PAYMENT SURPLUS
14
IMF resource expansion to enhance capacity for financial crisis management, Increase quota and voting power of emerging economies within the institution
15
Doubling of the IMF quota, Shifting quota shares, Preserved quota and voting shares of poorest member states
16
The status quo of power relations remain intact as the USA remains to vote shares constituting its veto power but not in the case of the BRIC countries as a bloc (Brazil, Russia, India & China), Dominated by the West; criticized for marginalizing the South and failing to include emerging economies in its decision-making.
17
BALANCE OF PAYMENT DEFICIT
18
INTERNATIONAL MONETARY FUND
19
WORLD BANK
20
IBRD (International Bank for Reconstruction and Development) - provides lending to middle-income and credit-worthy low-income countries., IDA (International Development Association) - grants credits and loans to lowest-income countries
21
To reduce extreme poverty while addressing the imperfections of global capital markets
22
Severe macroeconomic distortions suffered by loan recipients and no statistical evidence of per capital growth improving from increased. structural adjustment lending., Programs have been accused of worsening the state of poverty and underdevelopment of recipient countries.
23
To avoid trade wars by raising protectionist barriers (protectionism - economic policy restricting imports from other countries through methods such as tarrifs on imported goods, import quotas, and other gov'tal regulations)
24
address the expansion of trade in services, investment and intellectual property, Incapable of providing a strong and efficient system for dispute settlement
25
INTERNATIONAL MONETARY SYSTEM
26
adopted by England in 1816 the first international monetary system, Later joined by European countries and United States, functioned as a fixed exchange rate regime where countries determined the gold content of their national currencies which would define the fixed exchange rates
27
BRETTON WOODS SYSTEM (1944)
28
1959-1968
29
JOHN MAYNARD KEYNES
30
He argued that market generated equilibrium results in unemployment which causes a decrease in demand., This is related in decrease in investment and production.
31
KEYNESIAN ECONOMICS
32
CLASSIC ECONOMICS
33
NEOLIBERALISM
34
Prime Minister Margaret Thatcher and US President Ronald Raegan
35
MATTHEW ARNOLD
CLJ EVIDENCE
CLJ EVIDENCE
#100 · 31å · 4ã¶æåCLJ EVIDENCE
CLJ EVIDENCE
31å ⢠4ã¶æåCLJ PART 2
CLJ PART 2
#100 · 9å · 4ã¶æåCLJ PART 2
CLJ PART 2
9å ⢠4ã¶æåCRIM 105 IDENTIFICATION
CRIM 105 IDENTIFICATION
#100 · 24å · 4ã¶æåCRIM 105 IDENTIFICATION
CRIM 105 IDENTIFICATION
24å ⢠4ã¶æåCRIM 105 MULTIPLE CHOICE
CRIM 105 MULTIPLE CHOICE
#100 · 25å · 4ã¶æåCRIM 105 MULTIPLE CHOICE
CRIM 105 MULTIPLE CHOICE
25å ⢠4ã¶æåFRSC 106 WEEK 1 MARCELINE
FRSC 106 WEEK 1 MARCELINE
#100 · 20å · 4ã¶æåFRSC 106 WEEK 1 MARCELINE
FRSC 106 WEEK 1 MARCELINE
20å ⢠4ã¶æåFRSC 106 BALLISTICS
FRSC 106 BALLISTICS
#100 · 24å · 4ã¶æåFRSC 106 BALLISTICS
FRSC 106 BALLISTICS
24å ⢠4ã¶æåFRSC 104 WEEK 1-3
FRSC 104 WEEK 1-3
#100 · 38å · 4ã¶æåFRSC 104 WEEK 1-3
FRSC 104 WEEK 1-3
38å ⢠4ã¶æåFRSC 104 WEEK 4&5
FRSC 104 WEEK 4&5
#100 · 25å · 4ã¶æåFRSC 104 WEEK 4&5
FRSC 104 WEEK 4&5
25å ⢠4ã¶æåLEA 103
LEA 103
#100 · 50å · 1幎åLEA 103
LEA 103
50å ⢠1幎åIDENTIFICATION QUIZ
IDENTIFICATION QUIZ
#100 · 13å · 6ã¶æåIDENTIFICATION QUIZ
IDENTIFICATION QUIZ
13å ⢠6ã¶æåCDI 104 BERTILLO (WEEK 1&2)
CDI 104 BERTILLO (WEEK 1&2)
#100 · 26å · 4ã¶æåCDI 104 BERTILLO (WEEK 1&2)
CDI 104 BERTILLO (WEEK 1&2)
26å ⢠4ã¶æåCDI 104 BERTILLO (WEEK 3)
CDI 104 BERTILLO (WEEK 3)
#100 · 29å · 4ã¶æåCDI 104 BERTILLO (WEEK 3)
CDI 104 BERTILLO (WEEK 3)
29å ⢠4ã¶æåFORENSIC 101
FORENSIC 101
#100 · 42å · 1幎åFORENSIC 101
FORENSIC 101
42å ⢠1幎åFORENSIC 101 PART II
FORENSIC 101 PART II
#100 · 40å · 1幎åFORENSIC 101 PART II
FORENSIC 101 PART II
40å ⢠1幎åCDI 108 â
CDI 108 â
#100 · 9å · 5ã¶æåCDI 108 â
CDI 108 â
9å ⢠5ã¶æåCRIM 103 INTRODUCTION TO HUMAN BEHAVIOR
CRIM 103 INTRODUCTION TO HUMAN BEHAVIOR
#100 · 90å · 1幎åCRIM 103 INTRODUCTION TO HUMAN BEHAVIOR
CRIM 103 INTRODUCTION TO HUMAN BEHAVIOR
90å ⢠1幎åCDI 108 PRELIM
CDI 108 PRELIM
#100 · 46å · 4ã¶æåCDI 108 PRELIM
CDI 108 PRELIM
46å ⢠4ã¶æåCRIM 103 PART II
CRIM 103 PART II
#100 · 21å · 1幎åCRIM 103 PART II
CRIM 103 PART II
21å ⢠1幎åCRIM 105 ðŸ WEEK 2&3
CRIM 105 ðŸ WEEK 2&3
#100 · 79å · 4ã¶æåCRIM 105 ðŸ WEEK 2&3
CRIM 105 ðŸ WEEK 2&3
79å ⢠4ã¶æåCRIM 103 PART 3
CRIM 103 PART 3
#100 · 29å · 1幎åCRIM 103 PART 3
CRIM 103 PART 3
29å ⢠1幎ååé¡äžèŠ§
1
GLOBALIZATION
2
GLOBALIZATION
3
ECONOMIC GLOBALIZATION
4
JULY 1944
5
THE BRETTON WOODS CONFERENCE (JULY 1944)
6
General Agreement on Tariffs and Trade (GATT 1947)
7
BRETTON WOODS INSTITUTION
8
1945
9
to promote global monetary cooperation and international financial stability.
10
INTERNATIONAL MONETARY FUND
11
To provide short-term loans to prevent devaluation and retain the state's fixed exchange rate
12
BALANCE OF PAYMENTS DEFICIT
13
BALANCE OF PAYMENT SURPLUS
14
IMF resource expansion to enhance capacity for financial crisis management, Increase quota and voting power of emerging economies within the institution
15
Doubling of the IMF quota, Shifting quota shares, Preserved quota and voting shares of poorest member states
16
The status quo of power relations remain intact as the USA remains to vote shares constituting its veto power but not in the case of the BRIC countries as a bloc (Brazil, Russia, India & China), Dominated by the West; criticized for marginalizing the South and failing to include emerging economies in its decision-making.
17
BALANCE OF PAYMENT DEFICIT
18
INTERNATIONAL MONETARY FUND
19
WORLD BANK
20
IBRD (International Bank for Reconstruction and Development) - provides lending to middle-income and credit-worthy low-income countries., IDA (International Development Association) - grants credits and loans to lowest-income countries
21
To reduce extreme poverty while addressing the imperfections of global capital markets
22
Severe macroeconomic distortions suffered by loan recipients and no statistical evidence of per capital growth improving from increased. structural adjustment lending., Programs have been accused of worsening the state of poverty and underdevelopment of recipient countries.
23
To avoid trade wars by raising protectionist barriers (protectionism - economic policy restricting imports from other countries through methods such as tarrifs on imported goods, import quotas, and other gov'tal regulations)
24
address the expansion of trade in services, investment and intellectual property, Incapable of providing a strong and efficient system for dispute settlement
25
INTERNATIONAL MONETARY SYSTEM
26
adopted by England in 1816 the first international monetary system, Later joined by European countries and United States, functioned as a fixed exchange rate regime where countries determined the gold content of their national currencies which would define the fixed exchange rates
27
BRETTON WOODS SYSTEM (1944)
28
1959-1968
29
JOHN MAYNARD KEYNES
30
He argued that market generated equilibrium results in unemployment which causes a decrease in demand., This is related in decrease in investment and production.
31
KEYNESIAN ECONOMICS
32
CLASSIC ECONOMICS
33
NEOLIBERALISM
34
Prime Minister Margaret Thatcher and US President Ronald Raegan
35
MATTHEW ARNOLD