Globalisation Flashcards

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1
Q

What is a flow?

A

A transport

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2
Q

Name 3 flows.

A

Internet, migration and tourism

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3
Q

What are the 4 types of flows?

A

commodities, finance, information, migration and tourism

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4
Q

What are 4 types of globalisation?

A
  • Culture; western ideas,
  • social; social media,
  • political; trade blocs,
  • economic; TNCs and businesses
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5
Q

What is a trade bloc?

A

countries do trade with little or no barriers

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6
Q

List 8 things that arise as a result of globalisation.

A
Steam power
Jet aircraft
Railway
Broadband
GPS
Internet
Container ships
Telegraph
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7
Q

What is the time-space compression?

A

The world seems smaller.

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8
Q

What does censorship link to?

A

China has blocked things like Google and Facebook, this stops access of outside.

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9
Q

What are special economic zones?

A

Zones where there is a lack of tariffs, allows TNCs to come, examples include Jebel Ali that is connected to British waterworks central city and subsidies things.

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10
Q

What is the open door policy?

A

China did equal trade with countries from outside, China treated the countries equally, this also led to trade protectionism which means promoting domestic trade and companies via tariffs etc.

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11
Q

What occurs in trade blocs?

A

Lack of tariffs
Free movement of citizens within countries
Removing quotas off goods
Taking advantage i.e. buying for cheap and selling high price.

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12
Q

Define free market liberalisation.

A

control of goods i.e. prices are controlled by the company rather than the government.

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13
Q

Define privatisation.

A

Companies owned by the government were sold to businesses.

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14
Q

Define FDI.

A

Control of a business in one country by someone in another country.

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15
Q

What is the IMF, WTO and world bank?

A

Reduce tariffs provide incentives so countries have a boost.

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16
Q

Describe AT Kearney index.

A

Political engagement, personal contact, economic integration, technological connectivity. This index is holistic

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17
Q

Describe KOF index.

A

Measure economic, social and political globalisation.

18
Q

Name some indicators.

A

Migrants, FDI, TNCs and trade blocs.

19
Q

Define offshoring.

A

When parts of a TNC move to other countries.

20
Q

Define outsourcing.

A

When another company does the work for TNC due to a contract. However can lead to loss of control.

21
Q

Define Glocalisation.

A

Local globalisation by changing products due to demand of country.

22
Q

Define economic liberalisation.

A

Reduction of government restriction of economy.

23
Q

Why may countries be switched off?

A
  • Social reasons; lack of education
  • Political reasons; corrupt government
  • physical reasons; country is landlocked
  • economic reasons; country has no money
  • environmental reasons; country has nothing to offer or has a harm i.e. diseases
24
Q

Describe the Sahel region.

A

Landlocked, has environmental and physical factors.

25
Q

Define global shift.

A

Shift in centre of gravity of globalisation. This has led to negatives such as greater pollution. poor working conditions and the creation of slums. benefits include better infrastructure and more jobs as well as education.

26
Q

What is the spiral of decline?

A

Unemployment leads to depopulation occurs in areas where global shift has occurred. leads to dereliction

27
Q

Describe mega cities.

A

Large cities with over 10 million people, have push and pull factors. However this can lead to environmental or social problems.

28
Q

What are elite migrants?

A

Include Russian oligarchs that are welcomed due to investment and money.

29
Q

What is low wage migration?

A

Migrants move to another country to earn money i.e. polish workers.

30
Q

Define remittances.

A

Migrants send money back home.

31
Q

What is brain drain?

A

Source company suffers as skilled workers migrate.

32
Q

What is culture?

A

Tradition, language, food and clothes.

33
Q

Define cultural diffusion.

A

Spreading of one culture into another. This can lead to loss of culture such as in Papa New Guinea.

34
Q

What has spread of western culture brought about?

A

Paralympics involves disabled groups, spreading of food and clothes.

35
Q

What is cultural erosion?

A

Loss of culture i.e. Papa New Guinea, led to war as people did not want to let go. People may care less about environments.

36
Q

Name some measures of development.

A

HDI, GII, GDP and life expectancy.

37
Q

What is the Gini coefficient?

A

Measures equality, 0 means 100% equality, 1 means all wealth is owned by 1 person.

38
Q

What is local sourcing?

A

Decreasing food miles in order to increase sustainability.

39
Q

What is a transition town?

A

Transition from global to local, i.e. Totnes, however buying from local sources may be more expensive.

40
Q

What is Fairtrade?

A

Aim is to reduce inequalities and make trade more ethical

41
Q

What is the fair trade foundation?

A

Scheme that ensures fair trade occurs. This scheme is paid minimum amount by companies in return the scheme pays the farmers the entire amount.

42
Q

How do NGOs and recycling link?

A

NGOs encourage recycling, circular economy. A charity that encourages recycling is ‘Keep Britain Tidy’.