Professional Documents
Culture Documents
Contemporary Issues in
Global Economics
WIUT
Date: September 11, 2017
Seminar Leaders:
Bilol Buzurukov
Email: bbuzurukov@wiut.uz
Office hours: Wednesday 15:00-17:00 (ATB 216)
Akhror Burkhanov
Email: aburkhanov@wiut.uz
Office hours: Thursday 15.00-16.00 (ATB 308)
Akhliddin Malikov
Module Delivery
Lecture
Workshops
Seminars
- Articles/Case studies
- Group Discussions & Presentations
Learning Platform
GLOBALIZATION
WINNERS LOSERS
Gross Domestic Product
What is GDP? GDP is the market value
GDP adds together many different
kinds of products into a single
measure (market price) of the value
Gross domestic product of economic activity.
(GDP) is the market value
of all final goods and
services produced within a
country in a given period
of time. 1kg = 5,000 sum 1kg = 10,000 sum
Gross Domestic Product
What is GDP? of all
GDP includes all items produced in
the economy and sold legally in
markets.
Gross domestic product
(GDP) is the market value
of all final goods and
services produced within a
country in a given period
of time.
Gross Domestic Product
What is GDP? final
GDP includes only the value of final
goods
Gross domestic product
(GDP) is the market value
of all final goods and
services produced within a
country in a given period
1kg = 30,000 sum 1kg = 50,000 sum
of time.
Gross Domestic Product
What is GDP?
goods and services
GDP includes both tangible goods
(food, clothing, cars) and intangible
Gross domestic product services (haircuts, housecleaning,
(GDP) is the market value doctor visits).
of all final goods and
services produced within a produced
country in a given period GDP includes goods and services
currently produced.
of time.
Gross Domestic Product
What is GDP?
within a country
GDP measures the value of
production within the geographic
Gross domestic product confines of a country.
(GDP) is the market value
of all final goods and in a given period of time.
services produced within a GDP measures the value of
country in a given period production that takes place within a
specific interval of time (a year or a
of time. quarter).
Quiz
International Trade
Globalization
Cotton Wheat
Uzbekistan 2,000 kg 4,000 kg
Kazakhstan 1,000 kg 6,000 kg
Cotton Cotton
2 tons
1 ton
1 0.5
2
0
0
1
2
0
0
2
International Migration
Globalization has introduced a set of motivations for migration,
which include free flow of information, improved global
communication and faster and lower cost transportation.
Trade
Globalization
Investment Migration
The Winners and Losers of Globalization
Losers
ALL
Upper & Lower
Worlds middle class of LOSERS
Top 1% rich countries
Lowest
Global Middle
Class class
ALL
WINNERS
Winners
Parting thoughts
Is globalization new/recent?
What are the drivers of globalization?
Transportation;
Technological innovation;
Social and political reforms;
Is there currently a backlash against globalization?