Human - Global systems and governance Flashcards
Define Globalisation.
The increasing connections between places and people across the planet.
Connections are established through trade, politics and cultural changes.
Helped by technology and transport…
What are the 5 FACTORS in globalisation?
1) New Technologies, communications and information systems
2) Global financial institutions
3) Transport systems
4) Security
5) Trade agreements
How is technology a factor in globalisation?
Communications have improved so that ideas can be transferred
How are global financial institutions a factor in globalisation?
- Flow of economic commodities
- Labour flows to areas experiencing economic growth
How are transport systems a factor in globalisation?
- Multiple modes of transport connect many parts of the world
- Labour (people) and goods can be moved over great distances
What is time-space compression?
The ‘compression’ of distances because travel times have decreased
Who theorised tine-space compression?
David Harvey
How is security a factor in globalisation?
- Borders are more fluid
- Cyber security, costing the UK £1.5 million / year
How are trade agreements a factor in globalisation?
- Allows for economic growth with competative advantages
- WTO has facilitated this since est 1994
How many pages are there in the WTO agreement?
26000!
What proportion of world trade does the WTO oversee?
97%
What are the 3 dimensions of globalistion?
1) Economic
2) Cultural/Social
3) Political
What is an additional (4th) dimension of globalisation which has emerged more recently?
Environmental
What are ‘dimensions of globalisation’ also called?
Forms of globalistaion
In what ways is there an economic dimension of globalisation?
- More free trade
- More TNCs
- Fast+cheap transport
In what ways is there a cultural dimension of globalisation?
- Migration (facilitated by transport)
- Impacts of media
In what ways is there a Political dimension of globalisation?
- Western democracies exerting more power in developing countries
- Fall of USSR, more free market economies
How can globalisation be measured?
With the KOF system
When was the KOF system established? How often is it used?
2002
Measured every year
How does the KOF system measure globalisation?
Monitors and quantifies globalisation, focusing on economic, social and political factors
Define dimensions of globalisation.
Changes occurring (distance, depth and velocity)
What is Disneyfication?
The cultural elements of Disney (or other media) can be witnessed worldwide
State 2 ‘bad’ outcomes of globalisation.
1) Outsourcing of industries to Asian countries
2) Some languages have dies out and cultures are abandoned by younger generatioons
State 2 ‘good’ outcomes of globalisation.
1) UN peacekeeping missions and ratification of states
2) Glocalisation is combating globalisation