Industrial Location and Globalization of Enterprise

1
Industrial Location and Globalization of
Enterprise

• Field trip
• Hokkaigakuen Summer Student Exchange
• Review
• Questions
• Changing Global Map
• Aggregate trends
• Global shifts in production and trade
• Student analysis of empirical data!

2
HOKKAI GAKUEN SUMMER EXCHANGE(IDST 2850 3850)

• IDST 2850 Study Tour of Japan
• IDST 3850 Field Research in Japan
• (optional with additional tuition fees)
• Admission by application and interview
• Instructors Ian MacLachlan and Diane Clark
• Approximate Dates Summer Session I
• Pre-Departure class schedule May 1-May 28 TBA
• Travel Dates May 28 June 26 (to be confirmed)

3
Travel Plan

• Lethbridge-Kitami - fly
• Kitami 11 days
• Kitami-Sapporo - coach
• Sapporo 11 days
• Sapporo-Osaka - fly
• Kyoto, Hiroshima 4 days
• Osaka-Lethbridge - fly

4
To learn more Information Sessions

• Monday, 24 January 430-530
• U-Hall D631
• Tuesday, 25 January 430-530
• U-Hall B660
• Wednesday, 26 January 1200-1300
• U-Hall C640

5
Details of Exchange

• Approximate Cost 2,500 (includes course
  tuition, airfare, accommodation meals),
• plus spending money 500-1,000.
• Further Information
• Tracy Warwick 329 2041 (away 17-21 Jan)
• Glen Allen 329 2768 (Mgr Intl Student Centre)
• Ian MacLachlan 329 2076 (Geography)

6
Aggregate Trends

• Aggregates conceal a great deal
• Temporal volatility
• Regional disparities
• Industry differences
• World War II
• Symbolic dividing line, a last do-over
• Relevance?
• 1950s-1970s Golden Age of economic growth
• Long boom
• Bust came as a surprise!

7
What drives the long boom?

• Peace and military build-up
• Post World War II Institutions
• Marshall Plan
• United Nations
• Bretton Woods monetary system until 1971
• IMF and World Bank
• GATT WTO
• Climate of decolonization and Cold War

8
What ends the long boom?

• OPEC quadruples oil prices in 1973
• Israel is widely viewed as the culprit
• Inflating commodity prices and labour costs
  through the 1960s
• Bretton Woods system collapses
• Inflation
• Subsequent volatility yet interconnectedness of
  global economy

9
Manufacturing Trends

• Mfg Output is unevenly distributed
• Distribution shifting to LDCs
• Mfg Trade is less concentrated than production
• Top exporters have smaller share
• Distribution is shifting to LDCs
• Lets animate the trends!

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