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The Basics.

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Presentation on theme: "The Basics."— Presentation transcript:

1 The Basics

2 Key Economic Actors States = countries
Multinational corporations (MNCs) Prominent individuals Int’l coalitions NAFTA G20 (‘rich’ + emerging= 85% wealth) Intergovernmental Organizations (IGOs) IMF, WTO, EU, WB Nongovernmental Organizations (NGOs) Global, regional, national, local Aid, policy development

3 Global Divide Global North Global South
Advanced Industrialized Countries ~ 32 countries Global South Generic = ‘developing’ ~162 countries = 83 % of states

4 GN - GS

5 3 Categories of the Global South

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

7 Least Developed Countries
Map based on info from Rank IMF 2015 Country GDP p/c 155  Chad $2640 160 Benin $2113 165 Afghanistan $1937 170 Burkina Faso $1727 175  Togo $1489 180 Malawi $1126 185 Central African Republic $628

8 Heavily Indebted Poor Countries (HIPCs)
34 of those located in sub-Saharan Africa Debt relief- HIPCs qualify Relief of ~$72 B Reliance on single cash crops Raw cotton = 42% ($366 m) of Mali’s exports Gold = 36% ($311 m)

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


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