Globalization

Elijah Dela Cruz
Mind Map by Elijah Dela Cruz, updated more than 1 year ago
Elijah Dela Cruz
Created by Elijah Dela Cruz over 5 years ago
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panget ni jaja forever. boom meron pa palang forever

Resource summary

Globalization
1 Sustainable Development
1.1 Developed countries must set an example for developing countries
1.1.1 Developed countries must start the move, to change the system.
1.1.1.1 CHINA
1.1.1.1.1 VS.
1.1.1.1.1.1 United States = Hegemony
1.1.1.1.1.1.1 Excessive spending despite having current account deficit.
1.1.1.1.1.1.2 Third world countries following their footsteps because that's their thought of a "developed country".
1.1.1.1.1.1.2.1 The entire system follows.
1.1.1.1.1.1.2.1.1
1.1.1.1.2 China is current account surplus.
1.1.1.1.2.1 They still have national savings.
1.1.1.1.2.1.1 They have more investments.
1.1.1.1.2.1.1.1 They don't need foreign aid unlike ...
1.1.1.1.2.1.1.1.1 US who borrows money from China.
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