Globalisation difficult key terms Flashcards
spatial division of labour
the common practice among TNCs of moving low skilled work abroad (or offshore) to places where labour costs are low. this is also called the new international division of labour.
shrinking world
thanks to technology, distant places start to feel closer and take less time to reach
trickle-down effect
the positives impacts on peripheral regions (and poorer people) caused by the creation of wealth in core regions
tariffs
the taxes that are paid when importing or exporting good and services between countries
special economic zone
an industrial ares, often near a coastline, where favourable conditions are created to attract TNCs. these conditions include low tax rates and exemption from tariffs and export duties
global production networks
a chain of connected suppliers of parts and materials that contribute to the manufacturing or assembly of the consumer goods
glocalise/glocalisation
when a company restyles its products to suit local tastes
world cities or hub cities
cities with a major influenced based on finance, law, political strength, innovation and ICT
internal migrant
someone who moves from place to place inside the borders of a country. globally most mineral migrants move from rural to urban areas. in the developed world however, people also move from urban to rural areas too.
economic migrant
a migrant whose primary motivation is to seek employment. migrants who already has a job may have set off in search of better pay, more regular pay, promotion or a change of career
intervening obstacles
barriers to a migrant such as a political border or physical feature, e.g. a desert
centripetal migration
movement of people directed towards the centre of urban areas
cultural imperialism
the practise of promoting the culture/language of one nation over another
diaspora
the dispersion or spread of a group of people from their original homeland
net migration
the overall balance between immigration and emigration
