Flashcards in Chapter 11 - Globalization Deck (11):
Linkages between states, societies, and economics intensifying.
Multinational Corporations (MNCs)
Firms that produce, distribute, and market goods and services in more than one country. (Apple)
Non-governmental Organizations (NGOs)
National and International groups that are independent of any state and pursue policy objectives that foster public participation. (Green-Peace, Amnesty International)
Intergovernmental Organizations (IGOs)
Groups created by states to serve police ends. WTO, EU, UN.
Linkage of states through rules and norms that shape their relationships to one another, regarding some sort of issue.
Bretton Woods System
Economic regime created in 1944 to manage development, loans to states, and facilitate trade.
Manage exchange rates between countries and provide loans to states in financial difficulty.
Facilitates and manages trade agreements.
Provides loans and technical assistance to advance development in LDC.
Foreign Direct Investment
Purchase of assets in a country by foreign firm.