Globalisation Flashcards
What is globalisation?
- The process where more global flows are being created; the world is more interconnected
What are global flows? Give an example of a tangible and non tangible flow
Connections between countries, can be tangible or non tangible e.g. UK importing gas from Norway (tangible) or listening to American music (non tangible)
Give examples of socio-cultural globalisation
Music, films, memes, sports, attitudes, values, religion etc.
Give examples of environmental globalisation
Targets for climate change, organisations working together on issues such as climate change, countries working together to help endangered species etc.
Give examples of political globalisation
Intergovernmental decisions, war, conflict, foreign aid, trade deals, political ideologies etc.
Give examples of economic globalisation
Imports and exports, aid and loans, charity donations, brands and logos, TNCs, tourism etc.
Is globalisation the same in every country?
No, types and levels of globalisation vary significantly between countries, some flows increase over time whereas others decrease, overall the world is a more globalised place than the past.
Describe all the steps for chi-squared
- For groups of data, not just two
- Will find a relationship, not a correlation
- Create a resource - a compound bar chart or similar
- Develop a bill hypothesis
- The data we have is our observed data (O). We need to calculate our expected data (E) for each box. For each box, we calculate by doing row x column/grand total. Do this for each combination of data
- Use this equation (O-E)^2/E for each data set
- Add up all of the results
- Compare this to critical value table - (row - 1) x (column - 1). The answer to this is the degrees of freedom you need to use and then use 0.05 confidence
- If lower than critical value - accept null hypothesis
- If higher than critical value - reject null hypothesis
Give an example of social globalisation causing economic globalisation
- Starbucks, a foreign company, brings coffee culture to the UK
- People buy more coffee, more Starbucks open, more global trade
Give an example of economic globalisation causing economic globalisation
- more global jobs lead to better pay, people can afford Starbucks prices, more stores open, leading to coffee culture in the UK.
Why does travel increase globalisation. State 5 points
- Plane travel is more efficient due to technology. More places have airports and you can fly around the world in less than a day at. Planes can also carry nearly 1000 passengers
- Plane travel is more affordable due to budget airline (planes cost 1/4 of what they did in the 80s) EasyJet have contributed to the growth in tourism in Estonia, they now get 2m visitors a year
- More global road networks and car ownership. The E40 motorway starts in Calais, France and goes through 7 countries to Kazakhstan. It’s 8000km long.
- Ships are bigger and more efficient, making trading easier. MSC Irina is the biggest in the world and carry 24000 containers. More British businesses can afford to import, opening up trade to NEEs and LICSs
- Trains are more connected and faster. The Eurotunnel connects the UK with mainland Europe and it has both a drive on or passenger option. People might open up businesses in other countries.
Why does the development of finance networks accelerate globalisation?
- Stock markets around the world have grown. People from anywhere can buy a share in companies
- Many countries have their own lists (e.g. UK has FTSE100h) but they are interconnected
- Currency levels are connected e.g the value of the pound vs the euro
- Countries work together more often to arrange trade deals and blocs
- UN helps with economics, such as medication (WHO)
Why has the development of security connections accelerated globalisation?
- Now more aware of global issues and that working together is often more effective at solving the problem
- Interpol are a global police force, they share info on criminals who may be operating across borders e.g. drug smuggling
- Many countries have extradition agreements - if a criminal flees the country where they committed the crime, they can be sent back.
- Countries work together for border control e.g. passport details and visa requirements
- UN Security Council makes global decisions.
Why has the development of management and IT accelerated globalisation?
- Due to technology, many companies can use global networks for their businesses. Outsourcing to different countries can be cheaper
- This includes call centres and customer support, e-waste disposal and online services e.g. website design, tutoring
Why has the growth of income and TNCs accelerated globalisation?
- Income levels are growing, especially in MICs such as China and India.
- Led to more global TNCs setting up in more places due to access to these emerging markets, this creates more capital flows
- A growth in TNCs from MICs who are beginning to make way in Europe and North America
- Begins to merge branding and culture e.g. Apple and Mcdonald’s
- Higher income levels means more opportunity to travel, more global communication technology (phones,internet) owned.
Why has the development and growth of communication accelerated globalisation?
- Phone ownership has increased rapidly. Now 7b globally.
- From 2004 to 2022, internet use has increased globally from 14% to 65%, in HICs from 46% to 86%, in LICs from 7% to 49%.
- Online shopping and communities, e.g. eBay, Amazon and social media. Also online gaming such as Minecraft and FIFA.
- Used for health (e.g. disease warnings) and agriculture (e.g. crop prices)
- Social media helps spread global culture. 59% of the world have social media accounts.
Why have agencies and NGO’s accelerated globalisation?
- NGOs are non-governmental organisations, they work globally for a range of issues e.g. Greenpeace, Amnesty International and Oxfam
- They share knowledge, ideas and try to change global attitudes
- They raise money to use for their causes
Why might have globalisation not increased in some areas and sectors?
- Anything non-tangible is not affected by transport e.g. Films, music etc.
- Global security has increased in certain countries (HICs) and less so for LICs. Social media (communication) is not possible in all countries
- War causes less tourism
- Leaving the EU makes travel difficult
- Immigration laws make migration difficult.
Give four points about the IMF
- Short termed financial aid
- Often with ‘strings attached’ e.g. economic reform would open up country to FDI
- Works with countries in economic crisis
- Loans expected to be payed back once economy rebounds
Give four points about the World Bank
- Focus is on poverty reduction and long term development
- Focuses on transport, energy, education etc.
- Focuses on LICs
- Longer repayment and often not tied to system changes
What flows do the IMF and World Bank create?
- Money (aid, loans and repayment)
- Expertise (e.g scientists)
- Political ideology (changing economic systems, austerity)
- Flows connected with development (e.g. TNCs, FDI)
Explain having free movement of people in the EU trade bloc
- Allows employees to fill gaps needed, which could increase economic development
- Schengen area allows unrestricted movement
- Some none EU countries (Norway and Switzerland) are also part of Schengen in return for free trade
Explain having free trade as being part of the EU
- Creates a single market of 500m people.
- EU businesses can sell products without any extra tax or restrictions, as they would in their own country
Explain having shared currencies as being part of the EU
- 19 of the 27 EU members use the Euro. Removes cost of money transfer, allowing for cheaper trade between members. Allows direct comparison of costs and prices.
Explain the Erasmics programme as being part of the EU
- Can do a free year of a degree in any other EU country, also volunteering programmes
- Common Agricultural Policy - Agriculture protected in the EU, gives money to EU farmers.
Give the four factors of the Copenhagen criteria
- Policy - democracy, rule of law, human rights laws
- Economic - market economy, can cope with increased trade
- Law - must integrate EU laws e.g. human rights, migration
- Cooperation - Regional stability (not fighting with neighbours)
Turkey have applied to join the EU but are ‘some way off’