Putin refers to his regime as "managed democracy"
Economic globalization has expanded connections among workers, goods and capital in regimes throughout the world. The IMF, the World Bank and the WTO promote economic liberalization which at times has led to protests against neoliberalism. Multinational corporations have significant power over global markets and can come into conflict with labor, the environment, lands rights and tax policies.
The six different regimes offer varying amounts of privatization over natural resources including oil and natural gas.
Analyze how globalization can challenge regime sovereignty.
Economic liberalization takes place when there is a reduction in the role of the state in managing the economy. Privatization increases, tariffs are reduced and the economy is opened to foreign direct investment.
The College Board considers the EU, the WTO and ECOWAS supranational organizations. The IMF and the World Bank are considered international organizations.
Analyze the ways regimes adapt to social policies to address cultural, social and economic changes.
Explain how economic development and rapid change have caused significant changes to governmental policies. Topics include environmental regulation and infrastructure development.
Explain political reasons for and consequences of changes in demographics such as China's move from agriculture to industry, NAFTA, educated professionals leaving Iran and Nigeria and migration into the UK.
Understand how natural resources impact political and economic development. Examples include Pemex, Nigerian oil companies and Putin's energy policies that have led to concentration of wealth.