Different measures (flows() of globastion Flashcards
What is captial flows
The flow of money
Cross-border investments by multinational corporations
Portfolio investments (e.g. stock market purchases)
Foreign direct investment in production facilities
International borrowing and lending.
What is labour flows
The flow of migrants
International migration of workers
Temporary migrant worker programs
Offshoring of jobs to lower-cost countries
Telecommuting and remote work
Cross-border posting of expatriate workers.
E.g dubai importing migrant workers on low - minimum wage
What is service / media flows
Outsourcing of business processes and services
Cross-border trade in services
Global delivery of services through the internet
International tourism
International education and health services.
What is information / media flows
The spread of news and media through the internet
Cross-border data flows
The transfer of technology and know-how
Cross-border e-commerce and online transactions
The growth of international communication networks.