Worldwide Governmental issues Section 10 Address 1.


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What is the Purpose of Political Systems? . Household: to accomplish harmony between individual (self-hobby) and aggregate (basic great) intrigues when convictions, qualities, and practices are (generally) shared Global: Achieve this same parity when convictions, qualities, and conduct are not shared . Parts of Government.
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Worldwide POLITICS Chapter 10 Lecture 1

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What is the Purpose of Political Systems? Household: to accomplish equalization between individual (self-premium) and aggregate (normal great) premiums when convictions, qualities, and practices are (for the most part) shared Global: Achieve this same parity when convictions, qualities, and conduct are not shared

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Roles of Government Make choices (laws, settlements, and so on.) Democracy Command Monarchy Dictatorship Distribute or redistribute assets dissemination (expenses and social projects) Socialism—the state chooses Markets—the business sector chooses

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Governments Intervene in Markets Protect future, e.g., environmentalism, manufacture framework that all utilization Provide open products, e.g., police, parks, thruways Correct overflows and externalities, e.g., energize R&D that is not specifically beneficial, for example, "vagrant medications" Correct for business cycle dangers Maintain standards of equity and correspondence, e.g., approach access to great tutoring

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Political Systems Affect Business Investments Through Rules of law Transparent predictable Enforced Property rights Taxes Government administrations Standards, arrangements, and so on

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Three Main Types of Legal Systems Civil Law Laws are total and particular and not subject to much elucidation — a large portion of W. Europe aside from British Commonwealth Common law courts translate law to set points of reference : British Commonwealth and US Religious law Sharia Animist custom

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Global Political Shifts Create Interconnections Transfer of government parts to organizations Privatization Deregulation Governments assume more dynamic parts in business Industrial approaches and sponsorships Stimulating business exercises Encourage send out exercises Attract FDI Civil society associations screen exercises team up take part in social activism

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5 Public Goods a Global Governance System Can Provide A precise monetary framework to smooth overall instability P rotection of the worldwide house and a structure to advance feasible improvement A n open framework for exchange, innovation exchange, and venture with worthy question components I nfrastructure and establishments to achieve concessions to basic frameworks like weights and measures or flight and correspondence frameworks E quity and social union through financial participation that incorporates universal advancement help and fiasco alleviation (Commission on, 1995)

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Reasons for Global Governance of Business T rade development requires assistance W orldwide financial advancement is liable to stay uneven without worldwide activity T rade and other worldwide exercises can\'t undoubtedly be overseen without regular wellbeing and a typical safeguard framework

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Forces Opposing Global Governance Nation state history proposes few will be excited to give up national interests to worldwide interests When the emphasis is on monetary interests, national pioneers may offer need to organizations over those of poor people or the disappointed Compromise is practically inescapable

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Many Organizations Shape Global Governance Businesses Lobby or weight governments Professional gatherings impact models Businesses work together with governments to take care of issues Global packs Other worldwide performers, e.g., holy places, colleges Intergovernmental associations UN, WTO, NATO, OECD, and so forth. Nongovernmental or common society associations

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Non Governmental Organizations (NGOs) Play these Roles to Shape Global Governance meeting present and future needs CHARITABLE SAVE THE CHILDREN; UNICEF; CARE RESCUE AMNESTY INTERNATIONAL PREVENTATIVE GREENPEACE; SAVE THE WHALES DEVELOPMENTAL HABITAT FOR HUMANITY; L\'ARCHE

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Reasons for Third Sector Role in Global Politics 1. Seen CRISIS OF THE WELFARE STATE 2. Emergency OF DEVELOPMENT; NEED FOR QUICK CHANGE 3. Worldwide ENVIRONMENTAL CRISIS 4. Emergency OF SOCIALISM STIMULATED EXPERIMENTS 5. Enhanced LITERACY AND A COMMUNICATION REVOLUTION 6. Developing MIDDLE CLASS AND HIGHER ASPIRATIONS

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Intergovernmental Organizations Trade understandings Bilateral Multilateral Regional — NAFTA, EU Free exchange range, traditions union, basic business sector, monetary incorporation Nonregional — ASEAN Global—from GATT to WTO

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EEC to the EU 6 nations in 1957 12 by 1986 15 by 1995 — Sweden, Finland, Austria (Norway declined to join) 25 in 2004

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German head for business Danish eye for outline Belgian ear for dialects Irish mouth for appeal English hardened upper lip for tirelessness Portuguese eye for circumstance French style for personal satisfaction Italian hand for artworks Luxembourg for profound takes Dutch touch for industry creation Spanish feet for snappy adjustment Greek heel for weakest connection

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A territorial case: FROM COMMON MARKET TO EUROPEAN UNION Post World War II advancement in light of trepidation: 1. Germany 2. Cool War EEC or COMMON MARKET — 1957 Economic reason: to decrease inside obstructions to regular market;improve stream of profitable variables 1992 Maastricht Treaty Economic and money related; social relics combine

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A Global case: FROM GATT TO WTO Single market needs a solitary arrangement of business guidelines

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General Agreement on Trade & Tariffs 1947, an assention among 23 countries to take after normal principles R ules amended by means of rounds, e.g., Tokyo Round, Uruguay Round (1986) D ifficult to implement O nly 2/3 of world exchange secured by GATT an) E xceptions to Most Favored Nation, e.g., P reference for produced merchandise from creating nations C ommon market concessions b) A reas not secured by GATT, e.g., administrations, protected innovation, horticulture, materials

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WORLD TRADE ORGANIZATION The successor to GATT in 1995 Exists for 3 purposes: Promote world exchange Provide a structure for exchange transactions Provide an instrument for determination of exchange question

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Need for a Global Governance System: Open Systems, Infrastructure, and Equity An open framework to encourage exchange ISO and worldwide bookkeeping models Standards on straightforwardness and debasement Infrastructures and foundations for Security Conflict administration Crime administration Supra Terrorism Equity To make a feasible world future

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