GFPP 3113: International Political Economy (I.P.

E)
Consists of 3 economic bases which are: (i) Globalizing Free Market Transformations (GFMT) (ii) Globalizing Capitalist Transformations (GCT) (iii)Globalizing Debt Bondage Transformations (GDBT)

GLOBALIZING FREE MARKET TRANSFORMATIONS (GFMT) [Assumptions]: i) encouraging free competition ii) The free the market, the better iii) It is the market that shape the society [Management Challenges]: i) Managing competitive free market economy. - Develop CEO of World Bank: instructing global deregulation. - Developing CEO of Malaysia launch privatization. ii) Managing comparative advantage. - Develop CEO of Mitsubishi: managing R&D to make comparative advantages. - Developing CEO of Proton managing comparative edge. iii) Managing developmental state. - Develop CEO of Singapore: port free from state intervention. - Developing CEO of Malaysia: Port Klang bogged down with politicians intervention. iv) Managing free-flow of money, labor, technology, resources globally. - Develop CEO of : spread globally international Foreign Direct Investment (FDI). - Developing CEO : make business attraction to free trade zone. v) Managing business-friendly international organizations. - Develop CEO of World Trade Organizations: making sure of western investment give good return. - Developing CEO of Levis in Malaysia: fighting a free trade agreement (FTA)

GLOBALIZING CAPITALIST TRANSFORMATIONS (GCT) [Assumptions]: i) am worsening global inequalities. ii) The core is exploiting the periphery. iii) Unfair management for periphery in terms of trade, finance, technology [Management Challenges]: i) Managing core-periphery dynamics/changing. Core CEO of Exxon Mobil: operating monopoly tendency. Periphery CEO of Petronas-Malaysia: managing dependency capitalism. ii) Managing dialectic of exploitation. Core CEO of New York Company: selling warbond for afghan war. Periphery CEO of iii) Managing state capitalism. Core CEO of U.S.A: contribute to Obama re-election of a global capitalism via war bonds. Periphery CEO of Thailand: Thaksin was ran away from Thailand iv) Managing uneven global flow of money, labor, technology, resources. Core CEO of NASA: getting the best world scientist. Periphery CEO of Malaysia Aerospace Agency: .... v) Managing global international oligarchic tendencies Core CEO of IMF/UN/WTO: operating on the behalf of the core Periphery CEO of ASEAN:

GLOBALIZING DEBT BONDAGE TRANSFORMATIONS (GDBT) [Assumptions]: i) individual, family, institution, company, government are all run by banking debt bondage. ii) Banking interest manipulative punitive (punishment), violent iii) Its origin in English king settling royal war debt(1488) iv) Interest banking is a modern riba. [Management Challenges]: i) Managing core-periphery in deepening banking debt bondage A lending CEO of Citibank (USA) losing money a rescued by Obama where during 2008, they almost bankrupt but Obama increase the debt ceiling up to 17 trillion A borrower CEO of Greece national Bank: having no capital and recognize as bankruptcy. ii) Managing worsening lender-borrower impacts of exploitation. Core CEO of Fukuyama Nuclear Plant-Japan: facing interest to banking. Periphery CEO of Papan Rare Earth: iii) Managing lender-borrower state efficacies. Core CEO of Periphery CEO of Managing lender-borrower whereby money, technology, labor, resources are being pulled into wars effort pushed by deepening debt bondage. A New York CEO budgeting for political expanses. A borrower CEO of Managing lender-borrower coming under a global banking oligarchic domination (bank rules the world). Core CEO of Periphery CEO of v) iv)

4 pillars (Trade, Finance, Security, and Knowledge) must be link to each other to elaborate each of the management challenges.