globalisation Flashcards

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1
Q

what are the 3 indicators for the KOF index?🌸

A

-economic globalisation
-social globalisation
-political globalisation

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2
Q

what are the 4 indicators for the kearney index?🌻🐠

A

-political engagement
-technological connectivity
-personal contact
-economic integration

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3
Q

what are low-wage migrants?🌴
what are elite migrants?🏝️

A

-migrants that are recruited as manual workers from overseas.
migrant workers make up 90% of UAE’s workforce
-skilled, wealthy migrants.

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4
Q

case studies?🔮🪬💓

A

-china: global shift, open door policy
-WB, IMF, WTO
-zambia and tanzania
-totnes
-cuba

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5
Q

3 ways to control globalisation🧘🏼‍♀️

A

limit immigration
censorship
trade protectionism

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6
Q

negative of globalisation⭐️

A

exploitation of environments and people

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7
Q

benefits of migration🌻

A

host-skilled and hard to fill job workers
can sustain lifestyle of middle class thru childcare and healthcare workers
sink-reduces unemployment, earn remittances

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8
Q

what does the WTO, WB and IMF do?✨

A

WTO-promotes free trade
WB-loans developing countries based on certain conditions
IMF-forced countries to privatise in return for loans

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9
Q

what was china open door policy and when🐈‍⬛

A

1978
companies could outsource from SEZs- which have tax incentives and cheap labour

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10
Q

globalisation definition🪼

A

process by which people,culture,finance,goods,information are spread between countries with few barriers

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11
Q

how does mobility increase globalisation🐅

A

faster+cheaper transport
rapid communication systems
just in time production

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