Globalisation Flashcards
What is globalisation?
A process by which national economies, societies and cultures have become increasingly integrated
What are the elements of globalisation
economic, cultural/social, political
What has the economic process of globalisation caused by
-increase in free trade
-growth of TNCs
-faster, cheaper transport
-global marketing
What has economic globalisation characterised by?
-long distance flows goods, capital +services+info+market exchanges
-UN, trade groups
What has the cultural/social process of globalisation caused by?
-migration
-global communication networks
-impact of western culture(media,sport,celebs)
What has social/cultural globalisation characterised by?
spread of ideas, info and images
What has the political process of globalisation caused by?
growth of western democracies +their influence on less economically developed countries decline of centralised(communists) economies
What has political globalisation characterised by?
the diffusion of gov policy and development of market economies in former communist states
How can we measure globalisation
The KOF index
How does the KOF index measure globalisation
-economic globalisation(36% of index)
-Social globalisation(38% of index)
-Political globalisation(26% of index)
How can the KOF index measure social globalisation
through economic flows like trade and finance
How can the KOF index measure social globalisation
-personal contacts(Minutes of telephone, remittences)
-information flows(internet use, radio per 1000)
-cultural proximity-McD, ikea
How can the KOF index measure political globalisation
Number of Un peace-keep missions
What number would a country get of the KOF index if they are totally globalisation
100
In the spec what does “dimensions” mean
characteristics, what does globalisation look like
what are the dimensions of globalisation
flows of capital
flows of labour
flows of products
flows of services+info
flows of global marketing
flows of patterns of production
flows of distribution+consumption
What is of of capital?
money that moves between countries
What model can we use to show flows of capital
traditional flows -core-periphery model
Draw the core-periphery model
