Unequal Globalisation Flashcards
What are some examples of places where there are a few signs of globalisation
Gambia
Afghanistan
Nepal
Somalia
Bhutan
What is happening to the global economy over time
Increasingly connected but the degree of globalisation varies by country
What are global hubs
Cores that demonstrates a number of intense connections to the rest of the world because others wish to connect to them
What networks are focused on in core areas as an incentive for people and businesses to invest
Transport and communication help networks operate efficiently air travel in containerisation enable cheap efficient movement of people and goods
What does telecommunications allow for
Long-distance links between producers and consumers
What is one example of telecommunications
The Internet
What has the Internet provided
Increase the capacity of the telecommunications network to handle data Opportunities for collaboration between well-connected places is better than ever
What is the core periphery model
Centres of economic activity Associated with core regions
What do upward transitioning areas benefit from
FDI
Why did downward transitioning areas lose out
Due to FDI loss
What happens to resource frontiers as the value of the commodities fluctuate
Economic boom and bust
What does the KOF globalisation index Measure
The extent to which country is socially politically economically linked to others 
What does a more linked country Look like from the KOF globalisation index
More links they have in terms of tourism, trade, FDI and socio political processes
What are some economic measurements in the KOF index
Actual economic flows
Trade as a percentage of GDP
Long distance of loads of good, capital and services
What are some political measurements of the KOF index
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
What are some social measurements of the KOF index
TV ownership
Internet subscriptions
Degree of tourism
Imported and exported books
What value does the KOF index produced between
Zero and 100
What does it mean if a country has a higher value on the KOF index
The more globalised the place is thought to be
According to the KOF index what are the most globalised countries
Ireland, Netherlands, Belgium and Austria
According to the KOF index what are some of the least globalised countries
Solomon Islands, Somalia, Kiribati and Laos PDR
What are some advantages of the KOF index
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

What are some disadvantages of the KOF index
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

How does the AT Kearney index measure globalisation
Business activity, human capital, information exchange, cultural experience and political engagement
How is the AT Kearney index different from the KOF index (globalisation)
Measures globalisation on the city level
Different variables have different weightings according to how important they are in globalisation
