THEMES & TERMS

COLONIZATION What it is Gives Europeans advantage Sets foundation for GN Est. IMS Est. ITS Est. MNCs ¤

GLOBAL ECONOMIC DIVIDE Most GS were colonies Industrial Revolution Post-Cold War division GN-GS economic divide problems Cash crops, raw materials Laws, enforceability Multiple actors- states, MNCs Health issues ¤

NEOLIBERAL ECONOMIC MODEL Free market capitalism More people better off for inclusion System hates gov’t interference Tariffs Non-tariff barriers (NTBs) Institutions World Trade Organization (WTO) Int’l Monetary Fund (IMF) World Bank (WB) ¤

NEOLIBERAL ECONOMIC MODEL Criticism: Only bottom line matters Labor unions HR advocates Small business owners Environmentalists ¤

NEOLIBERAL ECONOMIC MODEL Response: Improves standard of living Break down barriers Limit competition Make products more expensive Tap into global resources Demand foods, raw materials Create jobs ¤

NEOLIBERAL ECONOMIC MODEL Gov’t interference Currency manipulation Trade barriers Security Promote domestic jobs Limit foreign competition Short-term interests v. long-term development Cooperation difficult ¤

GLOBALIZATION Concept under debate Interconnectedness, interaction MNC dominated Set prices Buy, sell Create demand  sell value-added products Technology Global food system ¤

TRANSNATIONAL ISSUES Intergovernmental Organizations (IGOs) Address transnational issue Int’l law  set norms, rules WTO, ILO Nongovernmental Organizations (NGOs) Raise awareness Pressure gov’t, IGOs ¤

JACKFRUIT How does jackfruit relate to the chapter concepts? GS staple food Globalization Tourism  demand elsewhere Health conscious Fusion cuisine Ecological impact in Brazil Invasive species Competes with native trees Imbalance in food chain Marmosets, coati—eat native bird eggs ¤