Positives and negatives of globalisation Flashcards

1
Q

What is the issue in Scunthorpe and Redcar?

A
Deindustrialisation
2200/900 jobs lost
Grimsby local Scunthorpe town still recovering from 20 year losses
UK Iron/Steel industry 90% decline
Fear of becoming a ghost town
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2
Q

What does the spiral of deprivation consist of?

A
Old factories close
Land becomes derelict
Jobs lost
People leave inner city
Fewer services needed so shops close
More jobs lost
Only low income groups stay
Little money put into area
More crime
Worsening QoL
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3
Q

What other moral/social negatives of globalisation are there?

A

Growth of a two speed world - wealthiest 1% receive same income as bottom 57%
Exploitation

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4
Q

Where is there evidence of exploitation?

A

Dhaka, Bangladesh
Savar is the polluted suburb
Rana Plaza: collapsed in April 2013, 1100 killed, fire, electrical & safety reforms, cheap labour $40/month, pay more than subsistence, independence for women, no other choice apart from rural subsistence

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5
Q

What environmental costs are there?

A
Masses of cheap goods transported far and wide
Large consumption
Air pollution
Landfill sites
Carbon emissions
Ecological footprint
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6
Q

What are the positives of globalisation?

A
Rise of 'Tiger' economies - NICs
Increase of purchasing power parity
Longer established OECD economies
Post industrial economy developed
Quaternary sector growing in number
Greater disposable income/improved diet/healthcare/housing
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