Globalisation Flashcards
% owning phones? increase?
Example of how technology has possibly accelerated Globalisation? Company example - location?
Mobile Phones, 2005 = 6% of Africans owned a mobile phone 2015 = 70%. M Pesa has helped businesses by allowing to transfer credit between phone users
do Transport and tech innovations mean globalisation is inevitable?
NO - Tech isn’t distributed evenly due to global digital divide, pop density not high enought to atract investors etc
Who are the three INternational Orgaisation that hav acted as the World brokers’??
The World Bank, World Trade Organisatio and IMF.
List the 4 different ways that GOVERNMENTS can accelerate globalisation
Neo Liberalism
Privatisation -
Encouraging busines start ups
The growth of free trade blocs
Benefits of removing internal tarrif s WITH EXAMPLES (5)
-Companies gain customers _ Tesco gained 70 M after EU Expansion
-Specialisation
-Enlarged market increased demand, increae volume of production, lowering manafa costs, cheaper products
-Encourage TNC’S to set up there
-Spatial division of labour (US AND MEXICO)
Example of Trade Blocs helping developing nations? What is their growth like?
ASEAN - Helped the Indonesia’s Manafacturing industry and Philipines call centre workforce gain worldwide reputation. High amount og growth Cambodia 7.6%!!!
What three Countries used SEZ’s to help its growth?
China, India and Indonesia
What did Indonesia do to grow?
Who and why lent them money?
Turned away from communism - opened the market. TNC’s came due to low costs such as GAP and Levi’s
World Bank lent money to further encourgage FDI and free trade
What did India do to grow ?
any barriers to that growth?
Percentage of family owned business?
Finacial reforms in 1991 - Large TNC’s such as Tata steel, major global players
TC’s now have to partner with a local business - has dtereed FDI - IKEA left - 90% family owned
What did China do to grow?
TNC’S?
Positive impacts on population?
Open Door Policy 1978 - TRiggered the largest human migration of 300 million to urban places. Led to low wage factories which TNC’s rushed in for - CHINA DUBBED FACTORY OF THE WORLD
Freed over 400 million from poverty
How much FDI did Shenzhen attract in 1992?
$4.3 BN - 14% of chinas total FDI
What is global shift?
The INternational Relocation of different types of industries such as manafacturing
Example of Global shift in manafacturing?
Decrease in EU, US, Japan
Increase - East Asia and China
Bnefits of an emerging Asia?
By 2030 Asia ill be home to 3 billion middle class people
Education has improve
Costs of an emerging Asia?
-Acceleration of environmental decline - (Nigerias forests have halved)
What are the three types of migration?
International
Economic
Rural-Urban