Topic: Global Capitalism

Description: [?]
Preferred language style: English (U.K.)

*Each part maximum word count should not exceed 300 words

*no references needed

*just answer each question separately and number each answer to its question

Part A

1)      In what ways does the impact of 18th & 19th century colonialism still influence the shape of the global economy?

2)      What is the Bretton-Woods system of economic institutions? What historical events & ideas were central to the development of these economic institutions?

3)      In what ways have the Bretton-Woods institutions shifted in goals they persue? what ideas and goals are important to B-W now?

Part B

1. What is neo-liberalism? What are the main principles and policies of neo-liberalism?
2. How important is neo-liberalism to policy-making in the contemporary period?
3. What evidence do you see of neo-liberalism playing a significant role in world politics or in your own life?
4. What is the aim of neo-liberal ideas? What arguments do supporters of the neo-liberal agenda advance to defend the idea of the freemarket?
5. Why is neo-liberalism controversial? Which groups of people around the world benefit from neo-liberal global capitalism and which groups do not?

Part C

1. Why have anti-capitalist groups emerged to challenge transnational corporations and the formal international financial institutions? What concerns have these groups had about the direction of the global economy?
2. What strategies have anti-capitalist groups employed to challenge global capitalism? How have pro capitalist business councils and thinkers responded?
3. What impacts (if any) have these protest movements had on the operation of the global economy?

Part D

1. What were the rule, norms and principles of the GATT?
2. What does trade liberalization entail and why can this process provoke public disquiet?
3. Why was the WTO established? How do the rules and procedures of the WTO differ from the GATT?

What challenges are now facing the WTO? Is trade liberalization still a go.