Globalisation Flashcards
Case study: Zimbabwe
High levels of migration due to corrupt government, dictatorship, lack of jobs and poor quality of life.
- 8% of people migrate to the UK
- 8% go to South Africa.
In terms of globalisation, why is Zimbabwe experiencing high levels of migration?
Few global links,unlikely to provide jobs and generate money.
More money in other countries and better living standards.
Hardly any, if any TNCs want to invest in sub Saharan Africa.
How has ‘development of international organisations’ sped up globalisation?
IMF (and others) channel loans from the worlds richest nations to countries that apply for help. In return, the governments of these countries agree to run a free market economy that are open to outside investment.
How has ‘expansion of TNCs’ sped up globalisation?
Have brought economic change to the places where the product is made.
What factors accelerate globalisation?
Expansion of TNCs
Developments of international organisations
Improvement in communication networks
Increase in global wealth and development of new material
How has ‘improvements in communication networks and technology’ sped up globalisation?
Computers have revolutionised manufacturing. They make it more flexible and less reliant on human labour. ICT allows managers of offices that are distant keep in touch more easily eg. Video calls. This has allowed TNCs to expand into new territories.
How has an ‘increase in global wealth’ sped up globalisation?
More and more people have enough wealth to be significant consumers of goods and services and also the growth of stock markets.
Eg. China already has about 30million affluent consumers.
Case study : globalisation and Christmas.
Traditionally in the UK, food and gifts would have come from the UK. now they are imported from other countries by a mean of transport.
Costs of production is less in NICs and transport is efficient.
Eg. Dongguan in China known as ‘ santas workshop ‘ for it’s extremely high levels of labour.
What are the social benefits of globalisation?
People with skills move to where there is demand and better opportunities.
Greater levels of communication globally.
Global villages; people share more common interests.
Greater levels of tourism from easy travel.
What are the social problems with globalisation?
Cultures spread around the world and so countries lose their distinct identities.
What are the economic benefits from globalisation?
Large increases in international trade.
TNCs make larger profits.
Consumer prices have declined.
Money can be exchanged electronically.
What are the political benefits from globalisation?
Media is global so can influence politics which can result in fewer corrupt governments.
Political organisations are established eg. EU
trade barriers such as tariffs can be removed.
What are the political problems from globalisation?
TNCs can gain too much power and influence politics.
Countries can lose identities through media.
What are the economic problems from globalisation?
Bulk of the money made in developing countries is made by TNCs and so profits are taken.
Key concept: globalisation
It is sometimes referred to as “nothing new”, in the sense that people, countries and continents have always been connected in economic, cultural and political ways, through: trade and colonialism and cooperation.
