Globalization of Population Systems

In this chapter, Professor Sachs considers that globalization involves global production systems, in which many countries are engaged in the production of a final product (such as the case of microelectronics). Latin America and Africa are not as tightly integrated into these global production systems. The main technological drivers of globalization are the ever-falling cost of information, the ability to coordinate across national boundaries, and the improved logistics of our increasingly connected world. Shipping containers were an invention that facilitated globalization in the 1950s and 1960s. Most economic activity happens along coastlines at port locations, where transport costs are lower.

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