1. Industrial Location and Globalization of Enterprise Field trip Hokkaigakuen Summer Student Exchange Review Questions Changing Global Map Aggregate trends Global shifts in production and trade Student analysis of empirical data!

2. HOKKAI GAKUEN SUMMER EXCHANGE (IDST 2850 & 3850) IDST 2850: Study Tour of Japan IDST 2850: Study Tour of Japan IDST 3850: Field Research in Japan IDST 3850: Field Research in Japan (optional with additional tuition fees) (optional with additional tuition fees) Admission by application and interview Admission by application and interview Instructors: Ian MacLachlan and Diane Clark Instructors: Ian MacLachlan and Diane Clark Approximate Dates: Summer Session I Approximate Dates: Summer Session I Pre-Departure class schedule: May 1-May 28 TBA Pre-Departure class schedule: May 1-May 28 TBA Travel Dates: May 28 – June 26 (to be confirmed) Travel Dates: May 28 – June 26 (to be confirmed)

3. Travel Plan Travel Plan Lethbridge-Kitami - fly Lethbridge-Kitami - fly Kitami11 days Kitami11 days Kitami-Sapporo - coach Kitami-Sapporo - coach Sapporo 11 days Sapporo 11 days Sapporo-Osaka - fly Sapporo-Osaka - fly Kyoto, Hiroshima 4 days Kyoto, Hiroshima 4 days Osaka-Lethbridge - fly Osaka-Lethbridge - fly

4. To learn more: Information Sessions Monday, 24 January 4:30-5:30 Monday, 24 January 4:30-5:30 U-Hall D631 U-Hall D631 Tuesday, 25 January 4:30-5:30 Tuesday, 25 January 4:30-5:30 U-Hall B660 U-Hall B660 Wednesday, 26 January 12:00-13:00 Wednesday, 26 January 12:00-13:00 U-Hall C640 U-Hall C640

5. Details of Exchange Approximate Cost: $2,500 (includes course tuition, airfare, accommodation & meals), Approximate Cost: $2,500 (includes course tuition, airfare, accommodation & meals), plus spending money $500-1,000. plus spending money $500-1,000. Further Information: Further Information: Tracy Warwick: 329 2041 (away 17-21 Jan) Tracy Warwick: 329 2041 (away 17-21 Jan) Glen Allen: 329 2768 (Mgr Intl Student Centre) Glen Allen: 329 2768 (Mgr Intl Student Centre) Ian MacLachlan: 329 2076 (Geography) Ian MacLachlan: 329 2076 (Geography)

6. Aggregate Trends Aggregates conceal a great deal Aggregates conceal a great deal Temporal volatility Temporal volatility Regional disparities Regional disparities Industry differences Industry differences World War II World War II Symbolic dividing line, a last do-over Symbolic dividing line, a last do-over Relevance? Relevance? 1950s-1970s – “Golden Age” of economic growth 1950s-1970s – “Golden Age” of economic growth Long boom Long boom Bust came as a surprise! Bust came as a surprise!

7. What drives the long boom? Peace and military build-up Peace and military build-up Post World War II Institutions Post World War II Institutions Marshall Plan Marshall Plan United Nations United Nations Bretton Woods monetary system until 1971 Bretton Woods monetary system until 1971 IMF and World Bank IMF and World Bank GATT WTO GATT WTO Climate of decolonization and Cold War Climate of decolonization and Cold War

8. What ends the long boom? OPEC quadruples oil prices in 1973 OPEC quadruples oil prices in 1973 Israel is widely viewed as the culprit Israel is widely viewed as the culprit Inflating commodity prices and labour costs through the 1960s Inflating commodity prices and labour costs through the 1960s Bretton Woods system collapses Bretton Woods system collapses Inflation Inflation Subsequent volatility yet interconnectedness of global economy Subsequent volatility yet interconnectedness of global economy

9. Manufacturing Trends Mfg Output is unevenly distributed Mfg Output is unevenly distributed Distribution shifting to LDCs Distribution shifting to LDCs Mfg Trade is less concentrated than production Mfg Trade is less concentrated than production Top exporters have smaller share Top exporters have smaller share Distribution is shifting to LDCs Distribution is shifting to LDCs Let’s animate the trends! Let’s animate the trends!