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The Basics

The Basics. Key Economic Actors. States = countries Multinational corporations (MNCs) P rominent individuals Int’l coalitions USMCA ( fka NAFTA) ; CPTPP ( Comprehensive and Progressive Agreement for Trans-Pacific Partnership) G20 (‘rich’ + emerging= 85% wealth)

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The Basics

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  1. The Basics

  2. Key Economic Actors • States = countries • Multinational corporations (MNCs) • Prominent individuals • Int’l coalitions • USMCA (fka NAFTA); CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) • G20(‘rich’ + emerging= 85% wealth) • Intergovernmental Organizations (IGOs) • IMF, WTO, EU, WB • Nongovernmental Organizations (NGOs) • Globalto local • Aid, policy development ¤

  3. Global Divide Global North Advanced Industrialized Countries 32 countries

  4. GN Countries

  5. Global Divide Global North • Advanced Industrialized Countries • 32 countries Global South • 162 countries (=83%) • Generic = ‘developing’ • Dev. levels vary ¤

  6. Emerging Economies (EEs) • Upper end of GS • Majority >$10/day

  7. Least Developed Countries Created using Interactive Map and 2018 IMF data

  8. Income Comparison BurundiS 4%, I 2%, A 94% France: S 79%, I 20%, A <2% Malaysia: S 53%, I 36%, A 11%

  9. IPE • Int’l Monetary System • Int’l Trade System • Int’l Investment & Int’l Finance • Development • Theories ¤

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