Globalisation Flashcards
What is globalisation?
“The growing economic interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and service, freer international capital flows, and more rapid and widespread diffusion of technology’ (IMF)
Who referred to ‘shrinking world’ and the ‘time-space compression’?
Allen, 1995
Allen, 1995
Shrinking world / Time-space compression
Castell, 1996
Information society:
Freer movement of goods, services, capital and sometimes people, across national boundaries
Information society
Freer movement of goods, services, capital and sometimes people, across national boundaries
Castell, 1996
Doreen Massey, 1993
‘Power-geometry’. Does globalisation increase or decrease global inequalities?
Power-geometry
Doreen Massey, 1993
What are the 3 main factors in globalisation?
1) Shrinking world
2) Better communications
3) Ascendency of global corporations
Which theory does globalisation relate to?
Modernisation theory
Name some of the globalisation processes of great significance to poverty alleviation or exacerbation
trade finance aid migration ideas
When did Asian globalisation begin taking place?
Pre-15th century
When do economic historians date the first modern era of globalisation to?
Approx 1870
Pre-15th century
Asian globalisation began taking place
Approx 1870
Economic historians date the first modern era of globalisation
When did the second modern stage of globalisation begin?
End of WWII
What began at the end of WWII
2nd modern stage of globalisation
When did the third modern stage of globalisation begin?
Late 1970s
What happened in the late 1970s?
Third modern stage of globalisation began
What happened in the late 1970s?
Third modern stage of globalisation began
What is a sustained feature in the scholarship of transnationalism?
Migration of groups and individuals
Migration of groups and individuals
Sustained feature in scholarship of transnationalism
The field of transnationalism has expanded in recent years to encompass subjects as diverse as…
1) Capital
2) Labour
3) Corporations
4) Inter-governmental organisations activities
5) Non-governmental orgs activities
6) Cultural flows
7) Products
How did Portes et al 1999: 219, define transnationalism?
“occupations and activities that require regular and sustained social contact over time and across national borders”
“occupations and activities that require regular and sustained social contact over time and across national borders”
Portes et al 1999: 219 definition of transnationalism
