Going Global Definition Flashcards

Definitions

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1
Q

Asylum seekers

A

People fleeing their country of residence for international protection by another government

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2
Q

Birth rates

A

The number of live births per 1000 people

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3
Q

Censorship

A

A government that restricts the flow of knowledge and information

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4
Q

China’s Open Door policy

A

19780 china allows foregij industry and TNCs in to promote a modern and thriving china

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5
Q

Containerisation

A

a logical system of transporting goods in steel containers

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6
Q

Cultural diffusion

A

The spread of cultural beliefs and social activities into different cultures

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7
Q

Cultural erosion

A

The reduction of a culture due to globalization

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8
Q

Death Rate

A

The number of deaths per 1000 people

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9
Q

Deindustrialisation

A

A reduction in industrial capacity , leading to social and economic within a region

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10
Q

Downward transition zones

A

A country or city with predicted economic decline, industrial reduction or switch off from globalisation

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11
Q

Economic migration

A

Movement of migrants to improve financial income or standard of living

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12
Q

Environmental migration

A

The movement of an individual or population due to natural hazard, drought, famine or sea level rise

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13
Q

Foreign Direct Investment (FDI)

A

An investment by one country or business with an interest in another country

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14
Q

Global Hubs

A

Cores that demonstrate connections to the world (through trade, ideas, migration, ect.) TNC’s and foreign direct investors will show an interest to base here

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15
Q

Globalisation

A

The increase in interdependence of countries through cross border movement of capital, goods and services, people, culture and information

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16
Q

Glocalisation

A

The adaptation of a good ordered by a TNC to suit a local market

17
Q

International Monetary fund (IMF)

A

A fund of 189 member countries with the aim to and each other to achieve financial stability and provide loans for development

18
Q

KOF

A

index of globalization which takes into account the social, economic and political globalisation of a state

19
Q

Liberalisation

A

a reduction in government control within industry, creating an opportunity for greater participation from private businesses and TNC’s within an industry

20
Q

Offshoring

A

company moves parts of its operation to another country, often to save money

21
Q

outsourcing

A

A business contracts outside businesses to complete some of their work, with the aim to reduce costs

22
Q

Privatisation

A

when national public serviced become owned by private businesses

23
Q

Refugee

A

The forced movement of an individual due o persecution, war or political unrest

24
Q

Sovereignty

A

Control over a country’s own laws and regulations

25
Q

Special economic zones (SEZ)

A

Regions where the government offer incentives to attract industry

26
Q

Transnational company (TNC)

A

A company which operates in different countries to where they are originally based

27
Q

Trade Bloc

A

A group of countries that act toghether to promote trade and a free movement of goods/services between member states

28
Q

World Trade Organisation (WTO)

A

Member seek substantial reductions on tariffs and trade barriers and the elimination of preferences on a mutually advantageous basis