Global Governance Flashcards
(165 cards)
What is a global system
Refers to any organisation, groupings or activities that link different parts of the world
What is global governance
Refers to attempts to regulate global systems and activities
What is globalisation
A process by which national economies, societies and cultures have being increasingly integrated through the global network of trade, communication, transport and immigration
What are the different forms of globalisation
-economic
-social
-political
What is economic globalisation
Long distance flow of goods, capital and services as well as information and perceptions that accompany market exchange, largely caused by the growth of TNC’s
What is social globalisation
Expressed as the spread of ideas, info, Omaha’s and people largely. This is fuelled by the growth of social media
What is political globalisation
Spread of government policies and the influence of international bodies such as United Nations
What is economic globalisation caused by
-increase in free trade
-growth of transnational corporations
-faster, cheaper transport
-global marketing
What is economic globalisation characterised by
Long distance flows of people of goods, capital and services as well as information and market exchanges
What is social globalisation caused by
-migration
-global communication networks
-impact of western cultures through media, sport, leisure and celebrity
What is social globalisation characterised by
Spread of ideas, images and information leading to an increasingly homogenised world (blended)
What is politics globalisation caused by
-growth of western democracies and their influence in poorer countries
-decline of centralised (communist) economies though still going strong in china and Russia
What is political globalisation characterised by
Diffusion of your policies at development of market economies in former communist states. Regime chance in some former dictatorships
What are trans national corporations (TNC’s)
A company which operates in at least two countries
What is the core periphery model
Describes spatially how economic, political and cultural authority is spread out in core and periphery regions, developed in 1963 by John freedman
What is the core
The core includes major world powers and the countries that contain much of the wealth of the planet. Money resources and people flow into the core
What is the periphery
Contains those countries that are not reaping the benefits of the global wealth and globalisation
What is the KOF index
An index of the degree of globalisation taking into account the three dimensional if globalisation and was first devised in 2002
How is economic globalisation measured
By the flows of trade, foreign direct investment and finance
How is social globalisation measured
As the spread of ideas, information, images and people
How is political globalisation measures
Number of embassies, membership of international flows and cultural proximity
What are flows of capital
Capital is the money that is invested and flow in and out of countries
FDI: money invested by TNC’s in overseas empire
BRIC: Brazil, Russia, India, China. Raspier economic advances during 1990’s
MINT: Mexico, Indonesia, Nigeria, Turkey recently emerging economic after 2000
Where are flows of capital occouring
Biggest flows of capital are within the core from the USA to Europe.N E Asia (china, Japan) are large flows in the core
Some in 2012 but more money from Asia very low flows in South Africa
What are flows of capital
Movement of people over the world
Remittance - a payments of money that is transferred to another party