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!

HOKKAI GAKUEN SUMMER HOKKAI GAKUEN SUMMER EXCHANGEEXCHANGE

(IDST 2850 & 3850)(IDST 2850 & 3850)

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

Travel PlanTravel Plan

Lethbridge-Kitami - flyLethbridge-Kitami - fly KitamiKitami 11 days11 days

Kitami-Sapporo - coachKitami-Sapporo - coach Sapporo 11 daysSapporo 11 days

Sapporo-Osaka - flySapporo-Osaka - fly Kyoto, Hiroshima 4 daysKyoto, Hiroshima 4 days

Osaka-Lethbridge - flyOsaka-Lethbridge - fly

To learn more: To learn more: Information SessionsInformation Sessions

Monday, 24 January 4:30-5:30 Monday, 24 January 4:30-5:30 U-Hall D631U-Hall D631

Tuesday, 25 January 4:30-5:30 Tuesday, 25 January 4:30-5:30 U-Hall B660 U-Hall B660

Wednesday, 26 January 12:00-Wednesday, 26 January 12:00-13:0013:00 U-Hall C640U-Hall C640

Details of ExchangeDetails of Exchange

Approximate Cost:Approximate Cost: $2,500 (includes course $2,500 (includes course tuition, airfare, accommodation & meals),tuition, airfare, accommodation & meals), plus spending money $500-1,000.plus spending money $500-1,000.

Further InformationFurther Information:: Tracy Warwick: 329 2041 (away 17-21 Jan)Tracy Warwick: 329 2041 (away 17-21 Jan) Glen Allen: 329 2768Glen Allen: 329 2768 (Mgr Intl Student (Mgr Intl Student

Centre)Centre) Ian MacLachlan: 329 2076 (Geography)Ian MacLachlan: 329 2076 (Geography)

Aggregate TrendsAggregate Trends Aggregates conceal a great dealAggregates conceal a great deal

Temporal volatilityTemporal volatility Regional disparitiesRegional disparities Industry differencesIndustry differences

World War IIWorld War II Symbolic dividing line, a last do-overSymbolic dividing line, a last do-over Relevance?Relevance? 1950s-1970s – “Golden Age” of economic 1950s-1970s – “Golden Age” of economic

growthgrowth Long boomLong boom Bust came as a surprise!Bust came as a surprise!

What drives the long boom?What drives the long boom?

Peace and military build-upPeace and military build-up Post World War II InstitutionsPost World War II Institutions

Marshall PlanMarshall Plan United NationsUnited Nations Bretton Woods monetary system until 1971Bretton Woods monetary system until 1971 IMF and World BankIMF and World Bank GATT WTOGATT WTO

Climate of decolonization and Cold WarClimate of decolonization and Cold War

What ends the long boom?What ends the long boom?

OPEC quadruples oil prices in 1973OPEC quadruples oil prices in 1973 Israel is widely viewed as the culpritIsrael is widely viewed as the culprit

Inflating commodity prices and labour Inflating commodity prices and labour costs through the 1960scosts through the 1960s

Bretton Woods system collapsesBretton Woods system collapses InflationInflation Subsequent volatility yet Subsequent volatility yet

interconnectedness of global economyinterconnectedness of global economy

Manufacturing TrendsManufacturing Trends

Mfg Output is unevenly distributedMfg Output is unevenly distributed Distribution shifting to LDCsDistribution shifting to LDCs

Mfg Trade is less concentrated than Mfg Trade is less concentrated than productionproduction Top exporters have smaller share Top exporters have smaller share Distribution is shifting to LDCsDistribution is shifting to LDCs

Let’s animate the trends!Let’s animate the trends!