Week 1b: Globalization and Work

Question 1

Explain the process of integration and regulation of world economies

Answer 1

Used after world war 2’s economy was redeveloping
- Emerging organizational bodies
- World trade association
§ Allowed for safe trade worldwide
-World health organization
-United nations
-Interactional court of justice (Hauge)
These organizations were intended to create better stability but fuelled globalization

Question 2

What shifts during the 70s influenced the expansion of globalization?

Answer 2

Social movements
- Women’s rights, coloured rights, etc.
Reconfiguration of economic policies
- Neo-liberalism
Movement towards deregulation and de-escalation of government control
More liberal and economic approach

Question 3

What shifts during the 80s influenced the expansion of globalization?

Answer 3

Larger transnational corporations
- Companies shipping across borders and working in different areas worldwide
- Opening of markets; removal trade barriers
- “hyper-mobility” of capital
- Money and businesses are
relocating around the world

Question 4

What is a Maquiladora?

Answer 4

A factory in Mexico who is parent company is in the US to capitalize on cheaper labour

Question 5

Explain export processing zones

Answer 5

• Moving company plants to third world countries with bad working conditions to save money
• Increases income to the first world

Question 6

What are problems in the high tech industry?

Answer 6

• Reports that the working conditions in technology plants had bad conditions
  ○ In 2010 they started documenting high rates of suicide at apple
  ○ Nokia in trouble for the materials used in circuit boards
• Gotten from supply chain from warlords
• Slave labour in the mines