A-Level Geography: Globalisation EQ1 Flashcards
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the many causes for accelerating globalisation and the apparent ‘shrinking’ of the modern world?
- Economic
- Political
- Social/Migration
- Cultural
- Flow of Commodities
- Technology
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the economic reasons behind the ‘shrinking world?’
- The volume and influence of transnational companies (TNCs) have increased - many TNCs have incomes higher than the GDPs of many countries.
- Online purchasing between countries is becoming increasingly common.
- Stocks are traded from across countries and countries invest in each other (Foreign Direct Investment). Some financial businesses (pension funds and investment banks) trade large amounts of currencies in order to make a profit
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the political reasons behind the ‘shrinking world?’
- Trade blocs (e.g. NAFTA, EU) have become more influential and have reduced tariffs and other protectionist measures.
- IGOs (e.g. IMF, WTO and the World Bank) work to harmonise economies, whilst promoting democratic ideology.
- Political views and ideology are expressed in worldwide media outlets e.g. BBC, Fox, CNN.
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the social/migration reasons behind the ‘shrinking world?’
- International migration has led to extensive family networks living across the globe, leading to the spread of culture and finance (through remittance).
- International tourism has increased - more people can travel abroad for holidays due to lower transport costs.
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the cultural reasons behind the ‘shrinking world?’
Americanisation and Westernisation of other (often developing) parts of the world.
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
How does the flow of commodities lead to the ‘shrinking world?’
- Goods can easily be imported, increasing countries interdependence on one another (some UK bottled water is imported from Fiji, which is 10,000 miles away)
- The volume of manufactured goods has increased rapidly due to low-cost countries such as Bangladesh and Vietnam
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
How does technology lead to the ‘shrinking world?’
- The internet has rapidly allowed the spread of information and knowledge.
- Social networking sites have become very popular (Facebook had 1.5 billion users in 2015). Networks can allow the spread of culture, ideology and opportunities for migration and tourism.
- Enormous server farms exist currently (e.g. Microsoft’s data centre in Washington) that store substantial amounts of data.
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the reasons behind rates of global flows of trade, capital, labour, and information between countries?
- Economic
- Political
- Environmental
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the economic reasons as to why global flows of trade, capital, labour, and information between countries can vary?
- LEDCs, with little finance extra, cannot afford to invest in ports, infrastructure, incentives for TNCs or education to improve the skills of its labour force.
- Countries with unstable markets or weak currencies will deter investment and businesses
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the political reasons as to why global flows of trade, capital, labour, and information between countries can vary?
- The political agenda and governance of a country may limit flows of people or culture (anti-migration policies, censorship, etc)
- Terrorism or active conflict within a region can be hugely detrimental to their global connectivity.
- Corruption within the government means money is lost rather than invested.
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
What are the environmental reasons as to why global flows of trade, capital, labour, and information between countries can vary?
- Landlocked countries cannot be independent in trade (they must rely on their neighbours to travel through before participating in trade).
- Poor fertility of the land, mountainous or arid conditions, limited land space can all reduce a country’s ability to produce a commodity for trade.
- Some countries are vulnerable to Climate Change, and so the natural environment could change to unfavourable conditions (sea level rise, desertification, etc).
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
How may global flow pose a threat to countries?
- Importing raw materials and commodities could hurt domestic suppliers and industries.
- Migrants from abroad could create tensions as they may not be wanted.
- Foreign information could be seen as a threat (e.g. China’s Great Firewall).
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
How do IGOS like the IMF aim to enable switched off countries to become more globalised?
- IMF loans money to poorer developing nations. One of the key conditions for recipient nations is that the country opens up its markets and industries from government control, which in turn leads to privatisation. TNCs now have the opportunity to enter those markets more easily which would generate financial activity and tax, but mainly for their host country (which tends to be an MEDC).
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
How do IGOS like the World Bank aim to enable switched off countries to become more globalised?
- World Bank loans money to developing nations with the aim of improving development, and so enabling globalisation. Like the IMF, The World Bank is also seen as controversial and many critics say both these organisations don’t benefit developing countries. Instead, they promote LEDCs to increase their debts and limit the government’s sovereignty.
3.1 Globalisation is a long-standing process that has accelerated because of rapid developments in transport, communications and businesses.
How do IGOS like the WTO aim to enable switched off countries to become more globalised?
The WTO is headquartered in Geneva, Switzerland which aims to liberalise trade by removing tariffs, subsidies and quotas. The WTO has been criticised because it has failed to prevent the EU and USA from implementing protectionist measures like subsidies, and so it has been unsuccessful in creating equal opportunities for all countries to trade.