The Basics.

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Presentation transcript:

The Basics

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) Global to local Aid, policy development ¤

Global Divide Global North Advanced Industrialized Countries

GN Countries

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

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

Least Developed Countries Created using Interactive Map and 2018 IMF data

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

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