Globalization and outsourcing Flashcards
Globalization is a complex and controversial phenomena, what kind of benign (godartade) forces can be given through globalization?
Opportunities: Economic prosperity (=välstånd) and generalized well-being throughout the world.
Globalisation is a complex and controversial phenomena, what kind of malign (skadliga) forces can be given through globalization?
Risks: Increasing inequality throughout the world, poverty, ecological degradation (=ekologisk nedbrytning), illicit trade (o=olaglig handel) and crime.
What are the main drivers of globalization? (7 bullet points exists).
- Liberalisation of international trade
- Reduction of barriers to economic transactions
Expansion of FDI (foreign direct investment) - Increasing deregulation (including changes favourable to FDI)
- Massive cross-border capital/financial flows
- New technologies + declining transport costs
- New companies’ strategies (joint ventures, …)
- Deregulation and privatisation
Mention some of the impacts of globalization.
- -> Global production systems
- National capital has become global capital
- “Made in the world”
- Hich-tech industries
- Labour intensive consumer goods (textiles, garments and footwear)
- … informal economy increased in developing countries
- Labour exploitation (arbetsutnyttjande)
- Asymmetries among countries, regions, workers and social groups
- High inequalities in working, employment and living conditions (pay, protection, skills trainining and occupational development, interest of work…)
What is the social impact of globalization? (correlated to the other impacts of globalization)
- Asymmetries within countries: regions, workers and social groups
- Concentration of wealth and income inequality
- Rise in unemployment and job precariousness
- Rise in inequalities in working, employment and living conditions (pay, protection, skills trainining and occupational development, interest of work…) The growth of a new class: the working poor
- The increasing risk of social exclusion in rich countries
–» rise in crime, insecurity…
- Ecological degradation (ekologisk nedbrytning)
- Rise in illicit activities (tax evasion, crime associated to money laundering, trafficking of people, sex and drug trades), organised terrorism
at a global scale…
Lisbon forum group have identified sustainable globalization, which is defined as a process with a strong focus on what?
Sustainable globalization: A process of globalization with a strong SOCIAL dimension.
Mention some of the focus areas in sustainable globalization
- A focus on people
- A democratic and effective state
- Sustainable development
- Globalization with solidarity
- Greater accountability to people
- Deeper partnerships
- An effective United Nations
“The three jobs of the future” is the name of paper 5, written by Robert Reich. Which are these three jobs of the future?
- Routine production services
- In-person services
- Symbolic-analytic services
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