Human Geography Flashcards
The 4 types of Globalisation
Economic
Social
Political
Cultural
Key Globalisation Time Line
1944-1980= setting rules for trade after the war 1944= World Bank and IMF are founded 1975= UK joins the EU 1981-1999= TNC's and internet revolution 2000= rapid development in Asia and Africa + Millennium development goals launched 2011= China becomes second largest economy
Issues With The Global Village
- Dependent on technology
- Communication between leaders
- Conflict and war
- Exploitation
- Religious disagreements
- Against Globalisation
- Uneven development
- Environmental issues
- Corruption
- Inequality
Definition of Globalisation
The connection of the world through economic, social, political and cultural means
Factors in Production
Land - all natural resources
Labour - a skilled work force
Capital - something to help with production (money)
Enterprise - setting up the business
What Is GDP
A Gross Domestic Product is how many goods were produced in a country
Flows Of Capital
From core to periphery:
FDI
Aid
Remittance
From periphery to core:
repatriation of profits
NEE groups
BRICS
Brazil, Russia, India, China, South Africa
MINT
Mexico, Indonesia, Nigeria, Turkey
Multi-lateral Aid
Aid provided through the UN, from contributions made by a number of HIC’s
FDI
Foreign Direct Investment is made mainly by TNC’s based in one country into the physical capital or assets of foreign enterprise.
Aid
Aid that is provided from one government to another
Remittance Payments
These are transfers of money made by foreign workers to family in their home country
Bi-lateral Aid
An important source of financial support for poor countries
Migration
The majority of this happens through labour from poorer to richer countries. This causes LIC’s to lose their most skilled workers
Repatriation Of Profits
TNC’s investing in overseas production will normally take any profits made from that investment back to their home headquaters
Diaspora
A large group of people with similar heritage or homeland who have moved and settled in places all over the world
Time/Space convergence
The lapse of information due to lack of or low quality communication
Containerisation
The containers have standardized dimensions. They can be loaded, unloaded, and transported with ease
Tariffs
Tariffs are a a form of protectionism to protect home-based industries from foreign competition
High Level Service
Service to businesses such as finance, investment, and advertisement (London, Tokyo, New York)
Low Level Services
Service to consumers such as banking, travel and tourism, customer call centers or communication services (India, Bangladesh)
What Is Conglomerates
A collection of different companies which may have been involved in business activities but all report to one parent company
Economies Of Scale
The cost advantages that result from being the larger size or scales of the operation. (buying in bulk/ one marketing campaign)
What Is Marketing
Marketing is the process of promoting, advertising and selling products and services
Global Marketer
Views the whole world as a single market
KoF Index
The KoF of globalisation (2011) is a ranking of the most global countries based on the 3 aspects of globalisation. (economical, political and social)
AT Kearney Index
Leading global management consulting firm. They work with 3/4 of the fortune global 500 and consult between companies, governments and charities to create a globalised economic world. The index is made by the company using 12 indicators across 4 categories. 62 countries are ranked between 1 (best) and 0 (worst) to indicate a countries global connectivity.
Global Financial Systems
- Internet allows investors to make better decisions based on a companies performance
- Investment banks have made new regulations that make FDI less risky
- Financial deregulations removed barriers to capital making the movement of money in and out of a country easier
- Investment banks exchange currencies between countries to allow trade across borders
Communications Systems And Internet Access
- Ways to communicate have become easier; technology, travel, language barriers removed, social media, BSL + ASL
- 50% of the world’s population is still digitally illiterate
- A lack of internet use can hinder a countries development
- Internet can boost education which can create jobs in developing countires
How Is Transport Accelerating Globalisation
- Containerisation
- Increase in air transport has increased social and cultural globalisation
- High speed railways allow transportation of goods and people across continents
How Are Security Systems Accelerating Globalisation
- NATO accelerated political globalisation by joining countries and keeping peace
- In 1985 security measures on EU borders were dropped to increase travel and trade
- World Customs Organisation increase security of products to encourage more trade.
Examples Of Trading Blocks
EU
NAFTA (North American Free Trade Agreement)
SADC (Southern African Development Committee)
Types Of Trade Unions
Preferential trade area
Free trade area
Customs union
Common market
What Is A Preferential Trade Area
Reduce or eliminate tariffs on selected goods
Free Trade Area
Reduced or eliminated tariffs on all products
Customs Union
The removal of tariff barriers between member countries plus the acceptance of a common external tariff against non members. This means that they may negotiate as a single block with 3rd parties
Common Market
The first step towards a full economic integration and occurs when member countries trade freely in all economic resources - not just tangible goods
World Bank
- Promotes economic development in developing countries
- Provides long-term investment loans for development projects with the aim of reducing poverty
- Acquires financial resources by borrowing from the international bond market
- Over 185 countries and always run by an American President.
IMF
- Oversees the global financial systems
- Offer financial assistance to its members
- Only provides loans if it will prevent global economic crisis
- Draws money from subscription from member countries
- 185 member countries
Positives Of International Labour
- Reduced unemployment where there is a lack of work
- Skills from one country can be transferred to another and help with development
- TNC’s in developing countries
- Reduces global inequality
Negatives Of International Labour
- Loss of limited skilled workers
- Economic leakage (remittance)
- Political debates
- Outsourcing causes unemployment in HIC’s
What Is Out-Sourcing
Large economic companies paying other companies to do part of production
Positives Of Out-Sourcing
- Cheaper for TNC’s
- Creates job opportunities in LIC’s
- Puts money into developing economies
- Cheaper product to buy
- Increases globalisation
Negatives Of Out-Sourcing
- Bad working conditions
- Exploitation
- Deindustrialisation
- Shut down of local businesses in LIC’s due to TNC’s taking over business
- Lower quality products
- Repatriation of profits
IPCC
UN body for assessing the science of climate change. Created to provide policy makers with up to date information. Does not do research, just assesses information. 195 member countries
The Gini Index + Lorenz Curve
Gini rates countries on a scale of 0-1, 0 being perfect equality. The closer to 1, the worse the score. The Lorenz curve is the actual line on the graph that shows the Gini score. The closer the curve is the the line of perfection, the more equal it is.
Example Of Unequal Geopolitical Power
- Developed countries have more power over the globe than developing countries.
- Countries that have gone through industrial revolution have a higher economy
- Power to be selective and push LIC’s “into a corner”
- Some countries have natural resources that give them bigger power
- Large economies have power over trade
- Large military can give lots of power
Link Unequal Power To Climate Change
HIC’s sign treaties to stop fossil fuels being used, which prevents LIC’s from industrialising and developing
Security Council
The 5 permanent members have the power of Veto, the ability to just say no to sanctions against them.
Name The 5 Permanent Members Of The Security Counsel
USA China UK Russia France
Define Nationalism
The opposite of globalisation, wanting to keep to themselves
South China Sea - Unequal Power Case Study
Importance Of The S.C.S
- Located between Mainland Asia and The Philippine islands
- Vital to maritime trade - link between India and Pacific Ocean
- $5 trillion in trade passes through (25% of oil transported on ship, 50% of liquified gas)
- Many local regions are poor in natural resources and rely on importing them
South China Sea - Case Study
Mischief Island
It was created by the Chinese, who dredged, and destroyed coral reefs. They ground up the coral and deposited it on other coral to form an island that is big enough to survive high tide. They built a military base on top
South China Sea - Case Study
Nine Dash Line
The nine-dash line is a map created by china in 1947 that shows that China controls 80%-90% of the SC sea. They still use this map to claim more nautical miles. This creates conflict because they use and violate other territorial waters.
South China Sea - Case Study
Court Case Against China
In 2016 a court case was filed against China, they were accused of; violating rights against the Philippians’ water; harming coral reefs in foreign waters; permanently destroying evidence of the natural conditions of disputing features
Primark Case Study
Rana Plaza
In 2013 the Rana Plaza collapsed, killing 1,129 people. It was an 8 story commercial building that housed production factories for Primark, Gucci, Prada some others. the upper floors were not built to sustain the weight of the machinery. when workers raised their concern they were threatened to be fired.
Primark Case Study
General Facts
- Clothing retail
- HQ in Ireland
- Primark’s revenue is about £5.9 billion
- TNC’s contribute to about 700,000 jobs world wide
Primark Case Study
Global Division Of Labour
- Buy cotton from India, Pakistan, Brunei, Uzbekistan
- Manufactures clothing in Bangladesh and China
- Has stores across Europe and some in the USA
What Is Agglomeration
When companies in similar industries locate near to each other because of the benefits gained by sharing ideas and resources
What Is the Multiplier Effect
A situation where an initial Injection of investment or capital into an economy in turn creates additional income
What Is The United Nations
UN is the political integration of countries aimed at negotiating responses to problems that effect more then one country. They have only an advisory roll on how things affecting the world should be managed. They create norms, rules, laws, and regulations to manage issues.
Name Some Examples Of How The UN Helps
- Reduce Environmental Problems
- Solve Trade Inequalities
- Reduce poverty
- Manage financial instability
- Stop human rights violations and civil conflict
How Have The UN Encouraged Or Created Inequality
- Security council has the power of veto
- World bank ran by US, they may demand reduced tariffs as payment for loans
- IMF forces countries to make financial cuts to education / healthcare
Facts About The World Health Organisation
- Only Advisory
- Funded by its 194 member countries
- Critical roll in global response
- Not worlds doctor
- Preventing and responding to acute emergencies
Challenges Of The WHO
- Relies on contributions
- Governments not responding to advise appropriately
- Only advisory
- Religion (some religions are against medical aid)
- Increasing diseases due to climate change
What Is A Summit
A Summit is a meeting of heads of state or government to discuss important matters.