February 9 MOS Lecture

February 9 MOS Lecture - February 9 Lecture The ABCs of the...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
February 9 Lecture The ABCs of the Global Economy - In 1960s US corporations changed the way they went after profits o Free trade/over-seas trade - Prior to 1960s, free trade helped US and hurt workers in poorer countries - Corporations changed their approaches after they realized their jobs were hurting over-seas - During 80s and 90s, corporations shifted internal institutions to enable corporations to better operate in the global economy o IMF, MAI, TRIMS, WIPO, TRIPS, WUO, ISO, ILO - World Bank and IMF: o Concerns because influence and number of votes is based on how much money is contributed – smaller countries/economies have less influence o Structure: biased, people on top are American’s and European’s o Lack of concern for financed projects: environmental, social o Loan terms force recipients towards free market models preferred in West - MAI, TRIMS, and the International Movement of Capital: - 1997 – wealthy nation created a “bill of rights” for investors called the Multilateral Agreement on Investment (MAI)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/23/2010 for the course MOS 1020 taught by Professor Leduc during the Winter '09 term at UWO.

Page1 / 3

February 9 MOS Lecture - February 9 Lecture The ABCs of the...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online