Nov. 2, 2010 - Resisting Economic Globalization

StudyBlue printing of Nov. 2, 2010 - Resisting Economic Globalization html, body, div, span, applet, object, iframe, h1, h2, h3, h4, h5, h6, p, blockquote, pre, a, abbr, acronym, address, big, cite, code, del, dfn, em, font, img, ins, kbd, q, s, samp, small, strike, strong, sub, sup, tt, var, b, u, i, center, fieldset, form, label, legend, table, caption, tbody, tfoot, thead, tr, th, td { margin: 0; padding: 0; border: 0; outline: 0; font-size: 100%; background: transparent; } body { line-height: 1; } blockquote, q { quotes: none; } blockquote:before, blockquote:after, q:before, q:after { content: ''; content: none; } /* remember to define focus styles! */ :focus { outline: 0; } /* remember to highlight inserts somehow! */ ins { text-decoration: none; } del { text-decoration: line-through; } /* tables still need 'cellspacing="0"' in the markup */ table { border-collapse: collapse; border-spacing: 0; } /* end RESET */ .header { min-width:800px; } .logo { padding:6px 20px 2px 20px; margin:0; font-size:25px; font-weight:bold; color:#808285; position:relative; border-bottom: 1px solid #c5c5c5; } .logo-blue { color:#70adc4; } .logo-desc { font-weight:normal; font-size:19px; color:#cccccc; margin-top:50px; position:absolute; display: none; } .back-button { position:absolute; top:20px; right:20px; font-size:13px; line-height:25px; color:rgb(0,175,225); font-weight:normal; } .back-button a { color:rgb(0,175,225); } .instructions { padding:0; margin:0; width:100%; position:relative; color:rgb(100,100,100); } .step-holder { border-left:1px solid #ededed; margin-left:20px; } .steps { padding:15px 0; float:left; width:24%; border-right:1px solid #ededed; text-align:center; } .steps-01 { } .steps-02 { } .steps-03 { } .steps-04 { } .label { padding:5px 10px; } .print-button { } .print-button a { background-color:rgb(0,175,225); color:white; line-height: 19px; padding:9px 8px 5px 30px; font-size:14px; text-decoration:none; background-image: url(images/printer.png); background-repeat: no-repeat; background-position: 7px 50%; -moz-border-radius: 5px; -webkit-border-radius: 5px; } .print-button a:hover { background-color:black; } .theNote .content { width: 8.0in !important; margin: 5px auto; padding:20px; background-color:white; } .theNote .header { border-bottom: 1px dashed #C8C8C8; font-size: 17px; padding: 0 0 10px; line-height: 19px; color: #00ADE1; min-width:500px; } .theNote .body { font-size: 14px; line-height: 19px; padding: 10px 0; } .theNote{ padding:6px 0; clear:both; background-color: rgb(200,200,200); } .theNote h3{ color: rgb(100,100,100); } .theNote h1, .theNote h3{ background-color:white; padding:2px 20px; width:8.0in !important; margin: 0 auto; font-size: 15px; } .theNote h1{ padding-top: 10px; font-size: 15px; } .theNote h1:first-child{ font-size: 20px; } .theNote h3 { font-size: 14px; font-weight: normal; } #options { border: 3px double #ccc; padding: 5px 12px; margin: 10px 50px 10px 20px; float: left; } #info { border-top: 1px solid #ccc; padding-top: 5px; font-style: italic; } li { margin: 5px 10px 5px 25px; } ul li { list-style: disc; } ol li { list-style: decimal; } img { border: 0; } table { clear: both; width: 100%; border: 1px solid #c5c5c5; border-width: 1px 0; margin: 0; page-break-after: always; } table#page { page-break-after: auto; } td { text-align: center; font-size: 12px; border-bottom: 1px dashed #c5c5c5; height: 1.75in; width: 50%; padding-left: 15px; } .leftside { border-right: 1px solid #cccccc; padding: 0 15px 0 0; } .bottom td { border-bottom: none; } .clearfix { clear:both; line-height:1px; height:1px; } img { max-width:80%; max-height:150px; margin:20px; } @media print {.header { display: none; } .content .header{ display:inherit; } table { border: 1px dashed #bbb; border-width: 1px 0; } .theNote{ background-color:white; } } Resisting Economic Globalization Resisting Global Markets -6 impacts 1. Culture 2. Global Poverty 3. Global Climate 4. Incentive Structures -outsourcing 5. Exploitation -human trafficking a demand driven industry 6. Norms Risks of market globalization -locks in economic disparity -produces migration -held to be a threat to nation-states -destabilize countries in between -three zones: point of origin, transit zone, target nation -many transit zones in developing world, often have higher rates of corruption, creates probability for spillover and contagion -is also a (weak) source of economic development -migrants send money home (remittance) -becomes part of cultural narrative: go to America to support family -”brain drain” - the people you need to stay to help situation but have no incentive to stay, usually first to leave -inequity also creates opportunity -climate change -as climate changes, growing patterns change -as growing patterns, agricultural workers move to cities for work -but they lack the skills necessary to compete Global Food Crisis -food prices rising -wages not rising as fast as prices -remember: capital accumulation (key to human development) -the less surplus capital you have, the greater the % of your wealth you use to provide basic sustenance -100 million people in 74 countries depend on food from the UN -UN's World Food Program – capabilities directly related to economic conditions in member states -resources dependent on donations of surplus capital by member states – directly related to economic health -as mean world temperatures rise, amount of arable land decreases -farmers physically able to make less -depends more on UN aid -UN food aid depends on contributions -contributions depend on changes in GDP -average price of basket of basic food commodities rose 75% between 2000 and 2008 (pre economic slowdown) -wheat prices rose 200% -as grain prices rise, price of downstream commodities rises. Human effects -in 2007, 25000 farmers in India committed suicide because they couldn't feed families -of 36 countries facing food crisis, 21 are in Africa Global food demand expected to double by 2030 by 2050, global population about 9.1 billion -at current levels would require 70% increase in global farm production – just to keep global hunger at current rates -at same time that arable land decreases -hunger kills more people worldwide than AIDS, malaria, and TB combined -Australia experienced 60% reduction in wheat crop in 2007 -why no Australian “food crisis”? -GOVERNING CAPACITY -government able to absorb problem -this is why we have to think about Pillar I and II together -we expect govt to keep us from starving – and government mostly does (in US) -Chinese are eating more meat -meat-consumption is usually a sign of the economic health of a country (meat is expensive) -demand for meat creates demand for grain to feed cattle -more grain for cattle → less grain for people Increase in price of oil (a pre-globalization phenomenon) makes farming more expensive -drives up cost farming -which drives up cost of raw produce, which drives up cost of finished commodity, which drives up cost of food When we say “globalization of markets” we are referring to both inputs and outputs -we are referring to the Global Commodity Chain -no one is insulated from price changes -where you are in the world matters -globalization of markets means that Commodities Brokers in Chicago and subsistence farmers in Malian are “neighbors” → complex interdependence -resistance is about human effects, not the business model -97% of global pop growth is in the “global south” -50% of global pop growth is in India, China, Pakistan, Nigeria, Bangladesh, and Indonesia 1/6 world population (1 billion) subsist on less than a dollar per day 162 million on less than 50 cents per day -must spend 50% of income on food Economic realities produce “externalities” on culture, which feeds back into the market-globalization loop -about half of all adults in South Asia, Africa, and the Middle East are illiterate -controlling for pop, 30 Americans go to college for every 1 African -500 million children worldwide have no access to toilet sanitation -16% of children under age of five in the developing world are malnourished -33% of all child deaths under age of five worldwide are due to hunger -being underweight is the no. 1 global health risk -on average you lose 10% of lifetime earning potential if you are underweight -400 million children worldwide have no access to clean water, majority in sub-Saharan Africa -14% of children in developing world have no access to medical care -13% of children ages 7-18 worldwide have never attended school