, Processus co ne sont pas autonomes Donc les marchs sont construits politiquement et socialement Lintgration co, Commerce et Change

(ouverture et libralisation), techno/info, finance, immigrastion/crime, la chine bunlarn iinde eko olanlar Ouverture-Spciaalisation-efficacitama bu koullarda commeht les choses distribuent a lintieur , on peut rester pauvre, perdants de louverture Kim neo-lib i uverture salad: Institutions (IMF, World Bank) ANDREW GLYN KRESEL EKO NN DENGESZLKLER Int intern et libralisation ont provoqu une atnospphere de turbulence et dincertitude avec laggrandissement des marchs financiers et leur fragilit Abli ve japon irketler zelikle teknori hesap a byk 1 sorunloji alannda USAe rakip kmakta zellikle 90larda 90larn snunda zellikle inden gelen mallarla tketim patlamas 95-2000 ithalat hacmi yzde 75 artt ve mamul mal piyasada ithal %26y oluturdu bilgisayar-elektronik %51 araba makina %33 Dolar ykseldike ihracat azald SZLK ARTTI 2003e kadar 5te 1i dnya piyasasndaki payn kaybetti ve cari ak bymeye balad, denizar borlar ar artt, ihracata kadear bor artacak! EKONOMNN TEMEL TC GC SERMAYE VBRKMDR (zaten oolmadnda da kriz kanlmazdr) ZATEN 70LERDEN SONRA SANAYLEM LKELERDE SERMAYE BRKM AZALMAYA BALAR! Finansallama devam ettike bankaclk kaynakl krizler ortaya kt gene FNANSALLAMADA GARP OLAN DNYA HRAACAT BYMES DNYA RETMNN BYMESNE KIYASLA ARTMAKTADIR DORUDAN YABANCI YATIRIRM ZELLKLE 90LARIN 2.YARISINDA ARTAR, AMA YARISINDAN FAZLASI BUNUN 1LKEDE SIIFIRDSAN KURULAN FABRKALAR DL YEN AILAN OFSLER DL SINIR TES RKET EVLLKLER SATIN ALMALAR DYY ZENGN LKE RKETLERNN HAREKETLN SALAR VE LERN PAZARLIKM PAYINI DRR EMEK PYASASI EN AZ KRESELLEM BTNLEM PYASADIR ZAEN ABD VE JAP REEL EKOLER FNANSAL AIRILIKLARDAN YARA ALDI OK DERN FNANSAL KIRILGANLIK YOUNLUKLU OLARAK ARTSA DA NEMSZ GRLMEKTEYD! VE BUNUN SEBEB N VE HNDSTANIN GB LKELERN BYMESDR!!!!!!!!!EMPERYALST SMR 80LERE KADAR 3.DN LKELER GELKM EKOLER N SADECE MAL VE ENERJ PETROL KAYNAIYDI VE

HBR ZMN REKABET TEHDD OLUTURMADILATR DNYA GSMHSNDE OECD LKELERNN PAYI GTTKE AZALMAKTADIR YAN SERMAYER BRKMNN MERKEZ,YAN EKONN TC GC ESK MERKEZ LKELERDEN KAYMAKTADIR VE BU BELRSZLK YARATMAKTADIR ANDREW GLYN FINANCE AND OWNERSHIP Increasing role of finance in rich countries The ascent of finance accompanied by the setback of growth-german growth slowdown and jap banking crisis Marxtan keynese kadar consumption bymenin pasif 1 compenenti olarak grlodu. Cap accumu, investment on machinery-buildings were essential driving force for demand and supply. Capitalists access to finance da ayn hale geldi! 90slarda hzland bu household borrowing. Financial deregulation generated aggressive competition for customers!!!! WITH HOUSING SUPPLY EXPANDING SLOWLY, CREDIT EXPANSION ITSELF INCREASED HOUSE PRICES IN MANY COUNTRIIES. THESE CAPITAL GAINS PROVIDED THE BACKING FOR FURTHER BORROWING WHICH CONSUMERS COULD USE TO FINANCE PURCHASES OF CARS AND HOLIDAYS. FOR A TIME AT LEAST CONSUMPTION TOOK OVER AS THE MOTOR OF ECO EXPANSION 60S-70S rise of power of organized labor... Change in executive compensation and corporate scandals: CEOS... deregulationda... Fraud resulting in financial disasters and unemployment Contradictory picture: extraordinary succes in introducing new tech w extreme wastes and ovberinvestments....world enriched w constructions ama demand yok buna artk! Unfruitful overinvestment Financial crises have increased in frequency hem 1.dnyada hem de 3.dnda AMA MOST SIGNIFICANT WINNERS WERE EXECUTIVES AND SUCCESSFUL SPECULATORS ANDREW GLYN GLON AND IR Glob means increasing eco integration Usa which has been the most strongly growing amongst rich countries yet maintains its consumption by a huge amount of overseas borrowing