methods of controlling globalisation Flashcards
what are the 5 ways that globalisation can be controlled
-internet censorship
-protectionism
-border controls
-high taxes
-government policies
examples of internet censorship
-China’s great firewall
-influences internal internet economy
-estimated that in 2018, 2m people were either directly or indirectly monitoring the internet in china
-in 2023 99 journalists were killed and 320 imprisoned
example of protectionalism
-India’s self-reliant India campaign
-encourages the domestic industry of india
example of border controls
-Australia’s immigration policies
-target specific job shortage issues
example of high taxes
-Nordic countries high corporate tax rates (20-22%)
-how much of companies profit it has to pay to gov
example of government policies
-European union GDPR
(general data protection regulation)
ways in which globalisation can be increased
-improved transportation
-government policies (e.g. subsides, open door)
-encourage FDI and TNC activity
-Improved communication
-Free trade e.g. WTO removing barriers
what is liberalism vs neo-liberalism
-economic freedoms vs free flows of capital, finance, people, resources
ways to control neo-liberalism
-censorship
-trade protectionism (regulations that disadvantage foreign firms over foreign firms over domestic ones)
example of trade protectionism
-in france, french radio has to play 40% french music
examples of limiting immigration
-Japan
-65% Japanese people opposed to migration
-illegal for farms and factories to employ foreign workers
- rules to discourage foreign entrepreneurs e.g. strict visa policies
example of a prohibited flow
-world to china
-not all information flows allowed to enter china
-e.g. internet users cant access BBC’s chinese language website service
example of an illegal flow
-colombia to the USA
-99% of cocaine reaching the USA is from colombia
-to fight this, USA has in return given 3 billion in mainly military aid to colombia to fight the drugs trade
