Jakubowska - Key Idea 4

Question 1

Globalisation - Positive economic impacts (Bangalore)

Answer 1

• Has a growth rate of 9% (2nd fastest growing city in India)
• UK call centres employ 1 million people
• 12,000 IT companies operate in Bangalore

Question 2

Globalisation - Positive social impacts (Bangalore)

Answer 2

• India’s 3rd most populated city (10 million) rapidly growing due to globalisation/
• 13,000 millionaires live in Bangalore
• Water connections have tripled, from 2 million in 1994 to 6 million in 2010.

Question 3

Globalisation - Negative social impacts (Bangalore)

Answer 3

• A basic 2 bed home in Bangalore now costs $300,000 meaning people cannot afford housing in the city.

Question 4

Globalisation - Negative social impacts (India)

Answer 4

• 500 million rural Indians live in poverty
• 1/3 of Indians live in absolute poverty
• Farmer debt crisis (Owe money on loans used to buy cash crops, failed to make a profit due to market dumping etc. In the last 10 years 100,000 farmers committed suicide).

Question 5

Globalisation - Positive social impacts (India)

Answer 5

• 200,000 scientists graduate annually (mainly in biotechnology)
• Highly employable workforce due to educated population (attracts further FDI)
• The number of people employed in handicrafts grown from 4.5m to 10m in the last decade.
• Retail explosion due to a rising middle class.
• 32 billionaires currently live in India

Question 6

Globalisation - Negative social impacts (India/Bangalore)

Answer 6

• Bangalore is 13 degrees north of the equator with a temperate climate, average 13 degrees to 35 degrees Celsius.
• The Indian government have become more environmentally aware and have planted Ubiquitous Babel throughout the country to stop the spread of desertification.

Question 7

Globalisation - Positive economic impacts (India)

Answer 7

• Within a generation India will be the 3rd largest economy in the world.
• India has a growth rate of 7.3%.
• In 2010 India made $36 billion in profits.
• Over the past decade FDI flows into India have averaged around 0.5% of GDP ($4 billion)

Question 8

Globalisation - Negative economic impacts (India)

Answer 8

• Over the past decade annual FDI flows into India have averaged 0.5% of GDP compared with China’s 5% of GDP. Suggests China is still more attractive than India.

Question 9

Globalisation - Negative cultural impacts (India)

Answer 9

• The retail explosion has created demand for western consumer goods. This creates tensions within families as traditional and religous values have begun to fade.