Lucys Key Facts Globalisation Flashcards
What was the Ghana 2015 loan and what was the SAP conditions, what were the results?
Ghana 2015- received $918 million loan
SAP= open borders to FDI as a result Ghana became the 3rd highest recipient of FDI in west Africa by 2021
What fact shows the significance of sea floor cables
95-99% of data transferred over 1 million km+ network of sea floor cables
What is an example of an SEZ in China, what is the average income?
Shenzhen GDP per capita = $25000
More than double that of a rural farmer
What is the significance of SEZs to Chinas income of FDI? Why?
SEZs account for 46% of FDI into China, TNCs more likely to extend GPNs into SEZs via offshoring and outsourcing as lower working and environmental regulations = increased potential for profits
What is an example of a TNC that is spreading western ideology over a large geographical scale, however is also conducting glocalisation (1 of them)?
McDonalds have over 41000 restaurants in over 100 countries
Conduct glocalisation
OR
Apple have 529 stores in 26 countries
Give the KOF scores of Switzerland, China and North Korea.
Switzerland- 90
China- 65
North Korea- 18
Give some socioeconomic data concerning Niger.
GDP per capita = $570
Literacy rate = 19%
What was the effect of the global shift in China?
600 mln people lifted out of poverty
Literacy rate rose to 99%
What are some economic advantages and environmental disadvantages to the global shift in India?
By 2030 India is expected to be the 3rd largest economy in the world
Has 14/15 of the most polluted rivers in the world
How has westernisation and cultural diffusion affected Okinawa?
Okinawa previously had traditional diets = highest life expectancy in Japan
Now— USA military base means fast food restaurant density highest in Japan — increasing instances of heart disease and obesity in middle aged population
Give some socioeconomic data about China.
HDI — 0.788
GDP per capita — $13,000
Literacy rate — 99%
Why is the Eden project environmentally sustainable?
90% of produce comes from local suppliers
What was the 2013 Rana Plaza factory collapse and what was the subsequent effects?
Factory collapse in Bangladesh where 1100 factory workers died
Factory was previously used by primark leading to some people in developed countries boycotting primark
How much is the dharavi recycling plant in Mumbai worth annually?
15000 factories worth $1 billion annually that recycle 80% of mumbais waste including 60% of Mumbai’s plastic
