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Lecture 2: The Global Economy

Lecture 2: The Global Economy. Accelerators in Global Economic development. The Who’s Who in Global Economics. J.M KEYNES General Theory of Employment, Interest and Money [1936].

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Lecture 2: The Global Economy

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  1. Lecture 2: The Global Economy

  2. Accelerators in Global Economic development

  3. The Who’s Who in Global Economics

  4. J.M KEYNES General Theory of Employment, Interest and Money [1936] Practical men who consider themselves to be quite exempt from intellectual influences, are usually slaves to some defunct economist...who hear voices in the air, are distilling the frenzy from some academic scribbler of a few years back...

  5. Adam Smith The Wealth of Nations ...[1776] • It is not from the benevolence of the butcher, the brewer or the baker that we expect our dinner but from their regard for their own interests.. • I have never known much done by those who affected to trade for the public good...

  6. The Market in Global Economics: Beyond Principles towards Ideology?

  7. The Development of the Idea

  8. Economic Geography

  9. Neo- Classical Location Theory

  10. Dynamic Equilibrium: Global Value Chains

  11. Shifting Economic Power

  12. Notes of Caution

  13. Trends in FDI – staying ‘in-house’ Global finance key driver in globalisation of markets New Powerful players in global economy – BRICS Downturn for core economies traced back decades Entering period of retrenchment Emergence of new paradigm and forms of protectionism – From MTA to ITA End of the Masters of the Universe? Global Economic Trends: Overview

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