3.1 globalisation: past and present Flashcards
A ) what is globalisation
the widening and deepening of global connections, interdependence and flows.
(the process of increasing interconnectivity between countries)
A ) types of globalisation
economic: growth of TNCs, spreading of investment, rapid growth in world trade (due to developments such as containerisation!!)
cultural: unifying and diversifying: people becoming increasingly similar, many characteristics (food, clothes etc.) ‘western’ in origin
political: spreading ideologies, dominance of western democracies and values
environmental: eg the acknowledgment that global warming is a global threat requiring a global solution
demographic: increasing migration and tourism making populations more fluid and mixed
A ) widening and deepening of connections: what does it mean?
widening: links to new, often far away places
deepening: number and type of connections increase, volume of flows grow
B ) what is a ‘shrinking world’ ?
the concept that the world is becoming metaphorically smaller due to developments in technologies and transport making populations more connected (reducing time it takes to trade and communicate)
- time- space compression is an effect of the shrinking world: far away places are now accessible, the friction of distance has been reduced
1700s: fastest transport= HMS Dolphin, took two years to navigate the globe
1930s: propellor aircraft took 8 days
1990s: jet aircraft took 31 hours
B ) improvements in transport communication
c19th: development of the railway, telegraph and steam ship
c20th: jet aircraft and containerisation!!!
B ) 19th century
faster steam trains replaced horse- drawn and canal transport.
1830s: public railways in Liverpool and Manchester,
electric telegraph= first long distance instant communication, trans atlantic telegraph table
B ) 20th century
JET AIRCRAFT
1960s: introduction of Boeing 747 jumbo jet lowered cost of international air travel allowing travel to be more accessible to the middle classes. travel time for passengers is shortened to hours rather than days!
CONTAINERISATION
dramatically sped up goods trade: loading is more efficient due to standardised boxes that are quickly transferable, bigger ships can carry more
cheaper: economy of scale- reduced transport costs, process is mechanised- reduced labour costs, fewer losses from theft
SO EFFICIENT THAT costs of moving an iPhone/ TV from China to the UK is less than a pound!
trade and transport is so much faster and accessible now, increasing interconnectivity and contributing to the shrinking world
C ) rapid development in ICT and mobile development
c21st globalisation is dominated by the flow of electronic communication and data transfer due to the very rapid developments in technology (reducing communication costs and increasing global communication flows)
introduction of:
- mobile phones
- internet
- social networks
- economic banking
- fibre optic cables
have contributed to this!!
C ) mobile phones
- reduced costs expanded usage from expensive business tool to an ubiquitous consumer product:
80% of the world have mobile subscriptions connecting them to other people but also to information: the amount of influence our phones have over us, promotion of western ideas, we receive more information than ever before which in turn speeds up globalisation - extended information flows to locations beyond landline networks (TECHNICAL LEAPFROGGING) and can improve livelihoods in developing countries: by 2015, 70% of people in Africa owned a mobile phone! (use of mobile phones spawns a wealth of micro- enterprises: provides work such as selling airtime on the streets and repairing/ refurbishing handsets)
C ) internet and social networks
internet
- now common and accessible: close to 50% of worlds popn uses internet
social networks
- the development of social media has now taken over!!!! in 2021 there were 845 million facebook users (this would make it the 3rd largest country in the world)
- number of texts sent and received every day exceeds number of people there are in the world
- Skype ( 2003 ) allows people to cheaply, communicate face- to- face in an instant maintaining stronger bonds between distant relations
C ) electronic banking
extends capital flows beyond the physical banking network
Kenya mini C/S
- M- Pesa operated by central bank of Kenya: equivilant of 1/3 of the country’s GDP is sent through its system annually!!!!
- migrants can pay remittances via online banking back home
- fishermen and farmers use mobiles to check market price before selling produce
- huge benefit to businesses as they can: keep in touch with all parts of their production, supply and
sales network; transfer money instantly and analyse data instantly too
C ) fibre optic cables
- land and sub sea cables in the 2000s: increased speed and volume of data transmission through cyberspace and slow instant, global communications
more than 1 MILLION KM of undersea cables carry the worlds data!!