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Label used to refer to the fundamental principles of free trade |
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the expansion of economic, political, and cultural processes to the point that they become global in scale and impact |
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defined by Manuel Castells as a set of interconnected nodes without a center |
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Participatory Development |
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the notion that locals should be engaged in deciding what development means for them and how it should be acheived |
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a barter system whereby a local currency is created through which members trade services or goods in a local network |
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ownership by the same firm of a number of a number of companies that exist along a variety of points on a commodity chain |
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the cross-promotion of vertically-integrated goods |
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people or corporations who control who control access to information |
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ownership by the same firm of a number of companies that exist at the same point on a commodity chain |
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* the branch of engineering that deals with the use of computers and telecommunications to retrieve and store and transmit information |
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a term associated with the work of David Harvey that refers to the social and psychological effects of living in a world in which time space convergence has rapidly reached a high level of intensity |
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international organizations that operate outside of the formal political arena but that are nevertheless influential in spearheading international initiatives on social, economic, and environmental issues. |
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An economic system in which two parties trade certain goods or services that each needs to survive. |
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A website in the form of an ongoing journal; a blog |
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Global Manufacturing Corporation |
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(born 1962) is a British geographer and geographic author. |
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the idea that people around the world are connected |
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series of links connecting the many places of production and distribution and resulting in a commodity that is then exchanged on the world market |
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with respect to a country, making progress in technology, production, and socioeconomic welfare |
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being changed over time so as to be e.g. stronger or more complete or more useful; "the developed qualities of the Hellenic outlook"; "they have ... |
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total value of all goods and services produced by a country's economy in a given year. |
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the total value of all goods and services produced within a country during a given year |
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the dollar value of a country’s final income in a year (Gross National Income, or GNI) |
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The total market value of the goods and services produced within a country and abroad in a year is called the GNI |
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the legal economy that is taxed and monitored by a government |
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economic activity that is neither taxed nor monitored by a government |
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model of economic development most closely associated with the work of economist Walter Rostow. |
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the average amount of calories consumed in a given country |
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geographical situation in which something occurs |
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a term used by post-colonial critics of developed countries' involvement in the developing world |
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structuralist theory that offers a critique of the modernization model of development |
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a process in which something passes by degrees to a different stage |
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general term for a model of economic development that treats economic disparities among countries or regions as the result of historically derived power relations within the global economic system |
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occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency |
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theory originated by Immanuel Wallerstein and illuminated by his three tier structure |
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Smuggling, also known as trafficking, is the clandestine transportation of goods or persons past a point where prohibited |
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Structural Adjustment Loans |
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loans granted by international financial institutions such as the World Bank |
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disease carried from one host to another by an intermediate host |
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spread by mosquitoes that carry the malaria parasite in their saliva |
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zones established by many countries in the periphery and semi periphery where they offer favorable tax, regulatory, and trade arrangements |
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specific area within a country in which tax incentives and less stringent environmental regulations are implemented to attract foreign business and investment |
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agreement entered by into by Canada, Mexico, and the US in December, 1992 |
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the encroachment of desert conditions on moister zones along the desert margins |
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place built up by a government or corporation to attract foreign investment and which has relatively high concentrations of paying jobs and infrasrtucture |
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program that provides small loans to poor people, especially women, to encourage development of small businesses |
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The amount of energy consumed in the form in which it is acquired by the user |
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The technology gap theory describes an advantage enjoyed by the country that introduces new goods in a market |
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