globalisation Flashcards
glocalisation - Disney
700+ shops globally
use low-cost offshoring for manufacturing
use multimedia to access a wide market
250+ linked cable and satellite companies
14 theme parks and resorts
tailors its products - Mulan for China
Korubo Tribe - Brazil
extremely switched off - uncontacted tribe
live entirely traditional lifestyles
no contact to outside world
North Korea
Reltzively switched off
no access to social media or undersea cables
communist control
President promises to raise living standards
diplomatic and self-reliant to stop the outside influence
Sahel
relatively switched off
they have an arid climate and is land locked
new technology doesn’t reach them so cannot access the many natural resources they have
poor governance so money is not spent where needed and is diverted.
indigenous people of Amazonia and Papa New Guinea
cultural erosion
become aware of western culture
no longer value the ecosystems as much - want better eductation and health.
China - global winner
TNC’s invested due to cheap workforce
53% exports by foreign owned companies
excess natural resources - borders 14 countries with easy trade routes
1.3 billion population
communist ruling stopped
open door trade policy
joined WTO 2001
spending power of $135 billion
India - global winner
by 2040 - 2nd largest economoy
skilled english speaking workers - 100,000 computer jobs
phone companies hire young undergrads
largest democracy
tourism earned country $3 billion
China - impacts of globalisation
5 of worlds most polluted cities
60% of groundwater is poor
65km of land lost to desertification every year
indonesia - impacts of globalisation
160 acres of rainforest lost per year for palm oil and mining
smoke pollution
india - rural to urban migration
income of less than $2 a day
2/3 villagers have no electircity
jobs in urban areas are well playing
china trade protection
chinese steel in global markets are at a subsidised price to protect its manufacturing
in UK Tata steel put all of UK steel plants for sale as they were loosing £1 million a day
WTO forbade rising prices of imports from China to protect domestic suppliers
Detroit - deindustrialisation
in 1920 - 4th largest city for car manufacturing
car manufacturing moved to Japan and they lost 1/4 population - global shift
derelict land
crime
unemployment
transition towns
began in 2006 - spread to 1000 communities
raise awareness of sustainable living and build ecological resilience by reducing dependency on fossil fuels
locally grown food
reduce waste and consumption through recycling and reusing
trade bloc positives
firms have a larger potential market to sell to - increase revenue
due to higher demand, firms increase their production, so other businesses benefit by providing raw materials, skilled workers or outsourcing
trade of essential materials become more reliable - less economic risk and better pathways for essential imports
trade bloc negatives
outside trading countries become excluded and find it difficult to join trading
foreign industries and suppliers damaged - competition and lack of opportunities
the blocs don’t guarantee fair treatment within - Mexico and USA relationship not strengthened though NAFTA
