Global Politics

Main

WWI

1914 - 1918

Market Crash

1929

Great Depression

1930 - 1940

Currency War - Competitive Devaluation

1930 - 1944

Smoot-Holly Tariff Act

1930

WWII

1939 - 1945

Bretton Woods

1944 - 1971

US$ pegged to gold at 35 per oz. other currencies pegged to US$

Nixon Shock

1971

US off gold standard. Becomes Fiat currency

Oil Crisis

1973

GATT

Geneva Round

1946

GATT

1947 - 1994

General Agreement on Tariffs and Trade

Annecy Round

1949

Torquay Round

1950

Geneva II Round

1956

Dillon Round

1960

Kennedy Round

1964 - 1967

Tokyo Round

1973 - 1979

Uruguay Round

1986 - 1993

World Trade Organization

1994 - Present

battle in Seattle

1999

Doah Round

2001 - Present

141 countries

IMF

International Monetary Fund

1944 - Present

Global South

Period of Decolonization/Independence

1945 - 1960

Rise of Asian Tigers

1960 - 1990

Rapid Industrialization
Export led Development

LDC want to get involved in Trade

1970 - 1980

LDC more involved in International Trade

1980 - Present

Mercantilism

Classical Mercantilism

1400 - 1800

Economic Nationalism/Patriotic PE

1800 - 1945

Sneaky Mercantilism

1945 - Present

Liberalism

Adam Smith

1700 - 1860

Wealth of Nations

1776

John Stewart Mills

1860 - 1945

John Maynard Keynes

1945 - Present

Marxism

Marxism

1850 - Present