Globalisation Flashcards
What is Globalisation?
Globalisation is the process where countries become more linked and connected with each other
What is cultural globalisation?
The merging and linking of different cultures
How was cultural globalisation achieved?
It was achieved by the improvement of transport and media
What is economic globalisation?
The movements of goods, services and technology
How was economic globalisation achieved?
-Through trade organisations (like the EU)
-Through the development of TNCs
What is political globalisation?
The growing political influence around the world
What are the United Nations?
A peacekeeping organisation that was made after WW2. It helps to reduce the risk of political fights and war
What is the World Health Organisation?
An organisation that supports and coordinates responses against national or international pandemics and epidemics, i.e malaria or COVID
What is the World Bank? and what does it do?
An organisation that provides loans for countries. Countries give money to the bank and the bank provides low-interest loans to developing countries that may need the finance, for example, to build schools. It also helps countries join the global trading system
What is environmental globalisation?
Environmental globalisation refers to the internationally coordinated practices and regulations (often in the form of international treaties) regarding environmental protection. e.g. COP26 and the Kyoto Protocol
Why do we have environmental globalisation?
Due to an increase in awareness of global environmental issues and the actions needed to help
Name 5 causes of globalisation
Any 5 from:
Technology
Transport
Media
TNC
Trade
International organisations
Environmental issues
Name 4 positives of globalisation
Any 4 from:
-Greater cultural understanding
-Advanced technology for communication
-Increase in trade = increase in living standards
-increased transport
-more jobs for people in LIC
Name 4 negatives of globalisation
Any 4 from:
-Cultures are getting lost
-Native language may be getting lost (due to many languages becoming more dominant in the world i.e. English)
-TNC exploitation
-Fake news
-environmental issues (i.e. from more transport)
What are globalisation indicies?
A measure of globalisation
What are the 3 globalisation indicies?
- The kof index
- The EY globalisation index
- The new globalisation index
What is the kof index?
The KOF index is a score each country is given out of 100, the higher the number the more Globalised the country is considered to be. The KOF Index of globalization measures the three main dimensions of globalization: economic, social, and political
How is the political dimension measured?
It counts the number of embassies in a country, and the number of national organisations they are in (e.g. the UN)
What are the three sections of the social dimension?
- Personal contacts
- Information flows
- Cultural proximity
How is the personal contacts section measured?
It counts international calls (e.g. business or family)
How is the information flow section measured?
It counts the number of internet users, tv or international newspaper subscriptions and so on
How is the cultural proximity section measured?
It counts the number of McDonalds and IKEA per person in a country
What is the EY index?
It measures a country’s GDP
What is the new globalisation index?
It measures the distance of traded goods. The further goods are traded, the more globalised a country is.