3.2.1 Global Systems and Global Governance Flashcards
What is Globalisation?
The growing interconnectiveness and interdependence of countries worldwide through trade, transport, capital flows, technology, communications and culture
How is the Wimbledon (Slazenger) tennis ball an example of a globalised product?
The travel of the wool in a Wimbledon Tennis ball: Wool travels from New Zealand to the UK where it is turned into felt and sent back to the Philippines. The glue is from the Philippines and the petroleum naphthalene is from China.
How many countries are involved in the global production of a Wimbledon tennis ball?
10 countries (complex supply chain)
How many miles are involved in the global production of a Wimbledon tennis ball?
50,000 miles
What does Marshal McLuhan’s term ‘global village’ refer to (1960)?
The breakdown of spatial barriers around the world since the world is shrinking both physically and technologically.
Give some examples of the space-time compression.
1930s - possible to travel from Doncaster to London in a day.
1950s - possible to travel from England to the South of France.
1960s onwards - Singapore to NYC in 18 hours
What is a dimension?
An aspect of a situation, which may be measurable (Ways and types of globalisation)
What is a factor?
Something that contributes towards an end result (Accelerators of globalisation which make it happen)
What is the economic globalisation process caused by?
- Free trade
- Global marketing
- TNC’s
- ICT Support
What is economic globalisation characterised by?
Flows of goods (imports and exports)
What is the cultural/social globalisation process caused by?
- Migration
- Media
- Communication networks
- Tourism
- Westernisation
What is cultural/social globalisation characterised by?
Spread of ideas, information and images.
What is the process of political globalisation caused by?
- Western democracy
- Trade agreements
- Global institutions
What is political globalisation characterised by?
- Development of economies
- Shared government policy
What is political globalisation characterised by?
- Development of economies
- Shared government policy