Gloabalisation Case Studies Flashcards
1
Q
Containerisations contribution to a shrinking world
A
- increased speed of transport of goods
- reduced unit cost to 1%
- increased FDI
2
Q
Privatisation and market liberalisation in the UK
A
- conservative government started process of deregulation and privatisation 1979
- including British gas, British rail
- labour government removed Bank of England from direct government control
- legislative regulatory reform act 2006 to enable ministers to make adjustments
3
Q
China’s open door policy
A
- communist country (state controls means of production on behalf of the people)
- desire to encourage FDI
- 4 SEZ set up
- aimed to attract capital and business from external communities
- 2013 china worlds biggest trading nation
4
Q
Jaguar Land Rover - outsourcing and offshoring
A
- uk’s largest car manufacturer
- had 3 manufac sites in UK
- international manufac site India 2011 (gain access to emerging economies)
- 2012 joint partnership with Chinese company
- outsourcing to produce vehicles and engines
- expanded manufac to Rio and across Europe
5
Q
Cargill - opening up new markets
A
- largest grain trader in world
- lends money to farmers
- runs grain transportation and storage business
- enables investment in infrastructure of food production
- built 9 animal feed mills in Vietnam
- creates demand for farmers
- investment in transport increasing connectedness
- spurs more development
6
Q
North Korea - an isolated country
A
- following Korean War, split into 2 countries
- North Korea communist control
- adopted policy of eon comic and diplomatic self reliance
- to stop outside influence
- after years of mismanagement, NK relies on Chinese aid
- yet to have settlement with South Korea
7
Q
Chinas role in global shift in manufacturing
A
- China’s global share of trade risen to 10%
- 2002 US bought 26% of Brazil’s exports
- china risen from 2-15% by 2010
- Us market share declined
- china now more important for brazil
- larger influence
- global shift to Asia
8
Q
Benefits and costs of the global shift in Mumbai, India
A
- home to key industries - finance, nuclear power.
- infrastructure investment was required
- main airport expanded capacity 40mil passengers p/yr
- new airport sanctioned
- Nehru port handles containerisation
- HQ of 2 Indian railway zones
- rapid urbanisation = poverty + unemployment
- overcrowding
- 60% in slums
9
Q
Environmental damage in china
A
- environmental regulations responsibility of local govts
- more interested in economic growth
- corruption hinders reinforcement
- 60% groundwater poor quality
- forests facing urban expansion
- land lost to desertification
- most polluted cities in china.
10
Q
Deindustrialisation in Detroit, Michigan
A
- 1920s thriving car industry
- global shift
- car manufac – japan
- leaving derelict land, depopulation, crime, unemployment
- lost quarter of pop
- bankrupt 2013
- murder rate highest of any US city, drug related
11
Q
Social and environmental challenges in Karachi, Pakistan
A
- 5% pop growth p/yr
- migrants from rural or neighbouring countries
- half the pop lives in slums
- informal sector = low tax
- services provided by neighbourhoods pooling resources, inefficient
- poverty = crime + violence
- settlements also in dry river beds and landfill
- residents pay rent to gangs - supported by local govt
- no service or infrastructure
12
Q
Russian oligarchs in ‘londongrad’
A
- 1990’s Soviet Union dissolved
- became commonwealth of independent states
- business people acquired soviet era industries
- these businesses made their new owners very rich
- especially those selling to china growing as result of global shift
- ‘oligarchs’ = wealth and political power
- Russian oligarchs bought homes in wealthy London boroughs
- ‘londongrad’
- e.g. Roman abramovich
- migration and investment beneficial to UK
13
Q
Low wage economic migration to Dubai
A
- 1/8 residents members of UAE
- many rich Indians live in Dubai
- 2005 Indian industrialist bought 100th floor of burj khalifa
- south Asian guest workers 60% of pop
- 12 hour shifts $5 a day
- many workers trapped in UAE by debts to agents for work visas
- motivation was to send remittances to families
14
Q
The Disney corporation and Americanisation
A
- large tnc’s mostly American
- promote brand globally
- so pushing American culture and values (Americanisation)
- e.g. Disney corp largest media comp
- promotes globally American values, traditions, morals
15
Q
The Paralympic movement
A
- 1948 hosted sports comp for WW2 vets with spinal cord injuries
- 1960 first Paralympic Games
- globalisation of sports by key players
- can create opportunities for disadvantaged groups
