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GLOBAL GOVERANCE > India & China > Flashcards

India & China Flashcards

1
Q

What is globalisation?

A

The process by which regional economies, societies and cultures have become integrated

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2
Q

Over how many years has India’s success developed over?

A

30 years

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3
Q

Where are the major concentrations of the IT industry located in India?

A

Mumbai, Hyderabad and Bangalore

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4
Q

What is the labour like in India?

A

India is capitalising on its large, well educated workforce

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5
Q

How many graduates does India produce each year?

A

Over a million graduates

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6
Q

What are the cost advantages of offshoring to India like?

A

Significant

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7
Q

Why is India’s geographic location important?

A

It’s 10.5 hrs ahead of mainland USA. Jobs sent in evening in USA can be completed in India during the day

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8
Q

What is offshoring?

A

Moving jobs or operations to another country

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9
Q

What is India expected to be by 2040?

A

The 2nd Largest economy in the world

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10
Q

What is some of India’s recent success?

A

Call centres

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11
Q

Why does having fluent English speakers give India an advantage?

A

When marketing call centre services to English-speaking world.

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12
Q

What is Bangalore like in terms of tech?

A

A long-established tech hub

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13
Q

Why is Bangalore a tech hub?

A

Due to early investment in 1980s by foreign TNCs.

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14
Q

What is China a top country in?

A

Share of global manufacturing

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15
Q

What did the global shift of manufacturing played an important role?

A

Extreme poverty

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16
Q

What did extreme poverty fall to?

A

From 60% in 1990 to 16% by 2005

17
Q

What was China known as in the 1990s?

A

Workshop of the world

18
Q

What has helped China move up the manufacturing value chain?

A

Strategic planning by government

19
Q

What is China’s economy like?

A

Maturing rapidly

20
Q

Why have sweatshop style jobs moved to Bangladesh from China?

A

Labour costs remain lower

21
Q

What is air pollution like in China?

A

Reduces life expectancy in 5 years

22
Q

Why is WHO concerned about people in China?

A

Very high levels of PM 2.5

23
Q

What has China’s economic growth been based off in the last 30 years?

A

On the expansion of manufacturing of consumer goods for richer countries

24
Q

What has China emerged as?

A

The world’s major trading power

25
Q

What is China responsible for? Imports and Exports

A

Nearly 20% of all global exports and around 15% of all global imports.

26
Q

What are India’s top exports? 3 items

A

Refined petroleum, gold and cars

27
Q

What are India’s top imports?

A

Crude oil for refining and exporting

28
Q

What are India’s main export destinations? 4 places

A

UK
EU
USA
China

29
Q

What is India’s economy like?

A

More diverse economy with more integrated commercially service sector

30
Q

What is China and India’s issue?

A

Food security

GLOBAL GOVERANCE (7 decks)

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