Switched on and Switched off/ uneven growth Flashcards
Globalisation has affected places differently which is due to a variety of reasons such as:
Variations in poverty
Physical factors such as resource availability and accessibility(zambia
Government policies and attitudes for and against globalisation(North Korea
TNCs are vital to globalisation and help connect countries across the world
However, some countries have benefitted far more than others from FDI from TNCs due to:
Unsuitability of some sites for production of goods e.g., accessibility, natural resources
Not enough market potential to attract large retailers due to low incomes or culture
Offshoring –
Moving parts of their production process such as factories or offices to other countries to reduce costs (e.g. labour
outsourcing
Contracting a different company to produce goods and services they need
Global production networks –
Setting up chains of connected suppliers of parts and materials that contribute to the manufacturing or assembly of the consumer goods
glocalisation
In an attempt to increase profits, many TNCs have adapted their products to suit local tastes, religion and culture, local interests, laws and lack of natural resources
There are some places in the world, often LDCs that remain relatively switched off from the global networks
Strong flows of trade and investment with other countries are absent in these countries
Examples include ………..
North Korea and the Sahel region
North Korea has chosen to remain isolated from the rest of the world
The Sahel region experience many challenges such as the arid climate, desertification and poverty that has hindered their development and consequently their ability to connect to the global networks
Be careful when using ‘corrupt government’ as a reason in your answer. You will need to provide examples of the corruption, for example, misusing aid or tax revenue or bribery.
