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3468221
Globalization
Description
panget ni jaja forever. boom meron pa palang forever
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love
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Mind Map by
Elijah Dela Cruz
, updated more than 1 year ago
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Created by
Elijah Dela Cruz
about 9 years ago
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Resource summary
Globalization
Sustainable Development
Developed countries must set an example for developing countries
Developed countries must start the move, to change the system.
CHINA
VS.
United States = Hegemony
Excessive spending despite having current account deficit.
Third world countries following their footsteps because that's their thought of a "developed country".
The entire system follows.
China is current account surplus.
They still have national savings.
They have more investments.
They don't need foreign aid unlike ...
US who borrows money from China.
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