Unequal Globalisation Flashcards

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1
Q

What are some examples of places where there are a few signs of globalisation

A

Gambia
Afghanistan
Nepal
Somalia
Bhutan

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2
Q

What is happening to the global economy over time

A

Increasingly connected but the degree of globalisation varies by country

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3
Q

What are global hubs

A

Cores that demonstrates a number of intense connections to the rest of the world because others wish to connect to them

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4
Q

What networks are focused on in core areas as an incentive for people and businesses to invest

A

Transport and communication help networks operate efficiently air travel in containerisation enable cheap efficient movement of people and goods

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5
Q

What does telecommunications allow for

A

Long-distance links between producers and consumers

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6
Q

What is one example of telecommunications

A

The Internet

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7
Q

What has the Internet provided

A

Increase the capacity of the telecommunications network to handle data Opportunities for collaboration between well-connected places is better than ever

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8
Q

What is the core periphery model

A

Centres of economic activity Associated with core regions

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9
Q

What do upward transitioning areas benefit from

A

FDI

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10
Q

Why did downward transitioning areas lose out

A

Due to FDI loss

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11
Q

What happens to resource frontiers as the value of the commodities fluctuate

A

Economic boom and bust

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12
Q

What does the KOF globalisation index Measure

A

The extent to which country is socially politically economically linked to others 

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13
Q

What does a more linked country Look like from the KOF globalisation index

A

More links they have in terms of tourism, trade, FDI and socio political processes

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14
Q

What are some economic measurements in the KOF index

A

Actual economic flows
Trade as a percentage of GDP
Long distance of loads of good, capital and services

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15
Q

What are some political measurements of the KOF index

A

Number of embassies and high commissions
Number of the UN peace mission is a country participate in
Number of international organisations to which country is a member

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16
Q

What are some social measurements of the KOF index

A

TV ownership
Internet subscriptions
Degree of tourism
Imported and exported books

17
Q

What value does the KOF index produced between

A

Zero and 100

18
Q

What does it mean if a country has a higher value on the KOF index

A

The more globalised the place is thought to be

19
Q

According to the KOF index what are the most globalised countries

A

Ireland, Netherlands, Belgium and Austria

20
Q

According to the KOF index what are some of the least globalised countries

A

Solomon Islands, Somalia, Kiribati and Laos PDR

21
Q

What are some advantages of the KOF index

A

Uses 24 variables covering three main areas of globalisation (S, E, E)

Has been calculated for a very large number of countries over a long time period (since 1970)

Economic globalisation is divided into actual flows, and restrictions, so it isn’t based simply on having a high GDP


22
Q

What are some disadvantages of the KOF index

A

Data is collected from a variety of sources it is often manipulated differently depending on the country

Trade calculations of ignore the informal economy which an account for a large portion of actual trade

23
Q

How does the AT Kearney index measure globalisation

A

Business activity, human capital, information exchange, cultural experience and political engagement

24
Q

How is the AT Kearney index different from the KOF index (globalisation)

A

Measures globalisation on the city level
Different variables have different weightings according to how important they are in globalisation