Globalisation Flashcards
What does the term Globalisation mean?
The process by which the world’s local and regional societies, economies, and cultures have become integrated together through a global network of communication, transportation, and trade.
Is globalisation a simple process?
NO! It’s multi-stranded:
- Economic
- Social
- Political
- Cultural
Are we in an era of de-globalisation?
Globalisation is caused by:
- Development of technology
- Expansion of financial systems
- Changes in security arrangements
- Trade agreements
Are we in an era of de-globalisation?
Trump & de-globalisation
- Trade battle: US v China = imports more expensive.
- USA only country to exit Paris climate agreement.
- USA exited WHO over Covid.
- US troops out of Syria.
Are we in an era of de-globalisation?
Brexit & de-globalisation
UK leaving EU.
Advantages:
- Higher trade & investment from companies
- Free from tarriffs
- Free trade with Canada and Japan.
- Advances for agriculture
Disadvantages:
- Diminished powers of individual states.
- Lost some control over domestic affairs.
- Housing problems
- Benefited wealthy London pop. over rest of UK.
Are we in an era of de-globalisation?
Starbucks: Cultural Homogenisation
Starbucks: in under 50 years have 20,000 shops in 60 countries.
Independent stores= form of deglobalisation.
Many TNCs mesh with local cultures: Glocalisation eg McDonalds in India.
Are we in an era of de-globalisation?
Negatives of globalisation
- Job losses in developed countries as jobs are moved to more developing countries.
- Increased pollution from transport and increased use of tech.
- Ability of large companies to influence policies & practices in countries.
- Safety concerns eg Apple: 90% of a factory had to be hospitalised (Chemicals)
Dimensions of globalisation:
Flows,Flows, Patterns
- Flows of information, technology, & capital: Internet Protocol Network.
-
Flows of product & labour: HS1- wide employment.
-** Flows of services & global marketing**: KFC. - Patterns of production, distribution, and consumption: LICs –> HICs.
Factors in globalisation:
PENTAGON
- New technologies, communications, & information systems: Undersea cables.
- Global financial systems: IMF, Western Union.
- Transport systems: British Airways.
- Security: Trafficking, Huawei ZTE tech banned in America.
- Trade agreements: NAFTA, EU. WTO oversees 97% of global trade.
What is the AT Kearney global cities report?
AT Kearney measures to what extent a city can gain, keep, and create global flows of capital, people, and ideas.
Measured in the Global Cities Index
Over 156 cities measured in 2022. Top 3 were NYC, London, Paris.
What is the KOF globalisation index?
- Measures the economic, social, and political dimensions of a country.
Measures 43 things - Some things measured include Amount of embassies, number of McDonalds restauraunts, & amount of international debt.
What are the OECD Economic Globalisation Indicators?
Measure economic globalisation:
- Globalisation of trade & investment
- Globalisation of technology and knowledge.
- Global value chains as a new form of globalisation.
What is the HDI measured from?
GDP- Economic
Life Expectancy- Healthcare
Education (years of schooling / head)
Main factors driving inequality in Uganda:
At least 6 of 10
- Gender inequality
- Infections: HIV/AIDS- 300 dead/ day
- Unemployment
- Some rural children miss school.
- Cultural attitudes
- Recessive tax system (taxes poor (as a %) more than the rich)
- Lack of financial services and infastructure.
- Corruption- $500 million annualy
- Conflict & violence
- Land bought by large investors distorts land distribution & emphasises inequalities
5 Uganda facts about inequality
- Only 30% of rural areas have electricity (70% in the urban areas)
- 74% of females can read & write over 15- compared to 84% of males
- Amount of paved roadways in urban areas is four times the amount of paved roadways in rural areas.
- Mean age at birth: 19
- Urban areas: double the access to sanitation than rural areas.
Oxfam Uganda report: Quote & figure
Oxfam Uganda Inequality Report, 2016
“Corruption is perhaps the biggest problem facing the country”.
$250 million in 2014- that’s the equivalent of 100 schools.
Finland: Why is it performing so well on the social measures & indecies?
‘Finntopia’- Book Professor Danny Dorling
1st in World Happiness Index.
Highest educational scores in Europe
WHY?
- Very equal distribution of income
- Large economic growth
- Job flexibility with working hours available for all.
- Little variation within schools.
- Street crime very low.
Finland ALSO has recessive taxing -like Uganda.
How has the internet shaped globalisation?
- Allowed connections between communities
- Increase of knowledge due to search engines like Baidu and Google.
How has the internet shaped globalisation?
Alibaba.com!
Successful Chinese e-commerce company.
Helped boost China’s manufacturing sector by connecting exporters to businesses in 190 countries.
How has the internet shaped globalisation?
Arab Spring uprisings & Tainanmen square:
Tinanmen square:
A protest from 1989. The Chinese government have blocked teaching this in China amongst fears that it could stir up unrest among citizens.
Arab Spring:
The internet facilitated the connecting of people and the organising of protests in Egypt and Tunisia, especially in the earlier stages of the uprisings.
NATO
North Atlantic Treaty Organisation
- Defensive & deterrance alliance.
- 31 Member states from Europe & North America.
- Purely defensive.
- Nuclear & conventional defence capabilities.
- Financed by members.
- Summits aren’t often- only 31 since 1949.
- Tensions recently due to Ukraine wanting to join NATO- Russia feel vulnerable due to geographical proximity to possible threats. NATO have denied Ukraine’s application for the time being due to its current geopolitical situation.
LEGO- A TNC case study:
Overview
OVERVIEW:
- Main hubs in London, USA, Shanghai, Singapore, and Denmark.
- 5 main factories: Hungary, Mexico, China, Czech republic, Denmark.
ENVIRONMENTAL
- 2024: new carbon neutral factory in Vietnam.
- No waste from LEGO facilities to reach landfill by 2025.
- In partnership with WWF to reduce environmental impact.
- LEGO Replay: Passing on second-hand bricks to reduce waste.
SOCIAL
- Family-based.
- Aimed at children.
- Factories almost fully robotic. Main jobs in either corporate sector or design.
ECONOMICAL
- Sets from £6 - £ 730
- Lowest offered wage is £27,000
- £2 billion income in 2022.
LEGO- A TNC case study:
Economical
Sets can be cheap (£6 - £700)
£2 billion income 2022
Leakage
High amounts of a country’s revenue going overseas to TNCs.