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Blog for History Geography. www.wilsonhginter.wikispaces.com Click on your class on the right Download powerpoint presentations Watch Videos Access worksheets. Growth and Globalization Part II. Globalization and the emergence of a multipolar world. I. The Age of Globalization.
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Blog for HistoryGeography www.wilsonhginter.wikispaces.com • Click on your class on the right • Downloadpowerpointpresentations • Watch Videos • Access worksheets
Growth and Globalization Part II Globalization and the emergence of a multipolar world
I. The Age of Globalization • Fall of USSR/Communist model affirmation of liberalcapitalist model • Free marketglobalization permeateseverywhere
I. The Age of Globalization B. 1980-1990 major changes (PCs, Internet, flow of information and money, DFI (direct foreigninvestment) • Importance of Multinational Corporations
I. The Age of Globalization Canadian documentary: The Corporation Chapter 1: Whatis a corporation?
II. The USA: FromSuperpower to Crisis • The U.S.: the Hyperpower The “Big Winner” but not for long… • Development of high technology & service industries • Outranked all world competitors • Great prosperity in 1990s – Clinton
II. The USA: FromSuperpower to Crisis The 1990’s: Boom Time in America
II. The USA: FromSuperpower to Crisis B. Tenuous Position • 9/11 • Afghanistan 2001 • Iraq 2003 • Sub-primes crisis 2007 • Global financialcrisis 2008
III. Affirmation of a Multipolar World • Weakening of American power partly explained by growth of emerging powers • diverse strong points • new powers of 21st century • 2010 China becomes 2nd world economic power (before Japan) • world economic balance will see radical change in next 2 decades
III. Affirmation of a Multipolar World TED Talk London. Understanding the Rise of China, by Martin Jacques 2010
III. Affirmation of a Multipolar World B. Affirmation of BRICS confirms the breaking up of the former “Third World” 1. Emerging powers catching up with developed countries 2. Developing countries (esp. LDC) low irregular growth rate marginalized & excluded from globalization