Denise Hernandez– SOC 448 News Journal by Denise Hernandez https://padlet.com/dee_h117/x5ebcki8d6fy Globalization and Development en-us 2018-10-13 17:56:53 UTC 2018-11-29 21:12:07 UTC hello@padlet.com Post #1-10/11/18: Indonesia, global debt, and GDP. dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/292447720 https://www.nytimes.com/reuters/2018/10/09/business/09reuters-imf-worldbank-debt.html 

There is growing global debt in Indonesia that has hit a record high but the IMF has stated their public assets have increased to twice their GDP. They access the use of public assets for a boost in public wealth.

This article reminded me of the topic of the debt crisis and the Washington consensus. It has a Keynesian way of thinking because it encouraged expansionary economic policy and government spending to boost aggregate demand and I feel this is what is being encouraged for Indonesia to do to boost income.


]]> 2018-10-13 18:10:18 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/292447720 Post #2-10/11/18: FDI in the South dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/292459134 https://www.economist.com/finance-and-economics/2018/02/08/south-to-south-investment-is-rising-sharply
This article is about FDI in countries in the South. It covers gain from Foreign Direct Investment It talks about most of poor countries FDI going to the west which is a CORE nation but the most gain is going south to south.

This article reminds me of Comparative Institutional theory because it speaks about FDI in foreign countries having gain for poorer countries. Often periphery countries trade with core countries and do not gain much. Compared to their coverage on FDI going south ton south there is more gain for poorer countries.]]> 2018-10-13 20:00:37 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/292459134 Post#3- 10/12/18: dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/293139734 IMF and Argentina's recession
https://www.economist.com/finance-and-economics/2018/09/29/the-imf-agrees-to-beef-up-argentinas-bail-out

This article is about Argentinas economic crisis and the IMF approving a 50 billion dollar loan to help aid during their crisis being on the brink of a recession.

This article reminded me of the Bretton Woods conference and the creation of International Monetary Fund and trade tarrifs. As countries face economic strain the IMF can assist during the economic crisis.]]> 2018-10-16 02:43:43 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/293139734 Post #4- 10/13/18: America, China trade war and world systems theory. dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/293142373 https://www.nytimes.com/2018/09/18/business/china-trade-war-retaliate.html
This article is about the US and China trade war and its options as tarrifs and taxes are being placed on products on American products and China's products. The trade war also poses threat to Chinese factories and workers.

This article reminded me of Wallerstein's World Systems theory of development due to the US posing high tariffs on commodities but this exploits the labor of Chinese workers and some commodities. It is an unequal exchange that affects both economies. The core nation still exploits the semi-periphery.


]]> 2018-10-16 03:01:28 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/293142373 Post #5- 10/13/18: dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/293156287 US trade wars and Dependency theory.
https://www.bbc.com/news/business-45789669
This article is about The affects of the trade war on the global economies. IMF has predicted less growth in the economies. This will greatly affect the US economy.

This article reminded me of dependency theory and comparative advantage. This shows how the countries who produce what they are best at and trade can be very beneficial until extreme tariffs are imposed. With the trade deals we can see that the economy suffers and both countries suffer sanctions both countries can not function without the other.]]> 2018-10-16 04:23:17 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/293156287 Post #6 11/27/18: Human migration asylum in the U.S. dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/308985054 https://www.nytimes.com/aponline/2018/11/22/world/americas/ap-lt-mexico-migrant-caravan.html
This article covers human migration from Honduras to Mexico seeking asylum from Honduras.

This article is about human migration as covered in prior discussions. As these migrants seek asylum to come to the U.S. and the way it has affected policy making that will continue to affect the economy and future policies enacted.]]> 2018-11-28 19:00:57 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/308985054 Post #7 11/27/18: Global Governance and trade dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309000362 https://www.bbc.com/news/business-46285284
This article covers the growing issues within the trade war in China. China has failed to change their "unfair trade" practices and global governance groups step in to intervene.

This article talks about the trade war between China and the United States. As the trade war feud increases US Trade representatives have stepped in to oversee the issues. It has just grown into the largest trade war that has began to affect numerous economies.]]> 2018-11-28 19:22:15 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309000362 Post #8 11/28/18 dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309526186 https://www.nytimes.com/2018/11/28/us/politics/us-economy-health-recession.html
This article covers how major economic sectors and their long period of growth may be nearing an end and hearing towards a recession. This is including the issues with trade wars that are affecting farmers and the economy do to being unable to sell their crops to china who were a large consumer.

This is reminiscent of of Financialization and the weight of finance in the american economy. As GM has began to cut jobs and large corporations who are major contributors to the American economy have began to see hardships in the economy due to trade wars it is becoming clear that a recession may be near.]]> 2018-11-29 19:58:02 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309526186 Post #9 11/28/18 Human Migration and Remittances in America dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309534133 https://www.bbc.com/news/education-46223217
This article is about the amount of money migrants sent to their home country as remittances that helped fuel their home countries economy.

This article talks about our lectures on remittances and human migration. It covers how human migration to the United States and most billions of dollars are sent home to low income countries that help fuel their economy. This reminded me of the Filipino caregivers that come here to care for the elderly but send money home to take care of their own. There are now charges on these Remittances that are being taken by banks.]]> 2018-11-29 20:11:52 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309534133 Post #10 11/28/18 Foreign Direct Investment in Scotland and economic growth dee_h117 https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309540283 https://www.bbc.com/news/uk-scotland-scotland-business-44436779
This article covers the growing economy in Scotland and how Foreign Direct Investment has reached a record high in the growth of their economy.

This article covers Foreign Direct Investment and economic growth. This relates to the course in the way that their investments are causing increased development in Scotland is pushing economic growth not only in Scotland but in the UK to push others for increased growth.]]> 2018-11-29 20:22:45 UTC https://padlet.com/dee_h117/x5ebcki8d6fy/wish/309540283