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Shaping Globalization (3 Interacting Forces (Technology (Institutions…
Shaping Globalization
3 Interacting Forces
Technology
Institutions
Policy
Driving Froce
technology and intellectual innovation
1st time
World Economies
connected the international markets
Important Driver
Cheap Labor
Institutions
text
IMF
WTO
Facilitate Trade at long distances
Crucial Step
Chinese Policy
Reform and Opening Up
FDI
Source of Knowledge Transfer
cross border economic Integration
stable form of Financing
Intergration through Technology
MobilePhone_Internet_Information
Explosion of Exchange
Policy Failure
Liberalized and Globalized Finance
Unstoppalbe Force
Integration of Ecnoomies
Spread of People and Ideas
Trade to GDP ratio ^|
Decline in Mass Poverty