Unit 1 - Going Global (Globalisation) Flashcards
globalisation
the process by which cultures, money, goods and information can be transferred between countries with few or no barriers
the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange
Ideoscapes
sharing of ideologies across the globe e.g. the Indian legal system built around ideologies of the British systems
mediascapes
the spread of images around the globe which influence our society, spread through the form of newspapers, magazines, television and film
technoscapes
the global movement of a range of technologies around the world, the globe is shrinking due to rapid changes in technology
finanscapes
rapid movement of global finances through currency exchange , what happens financially in one area of the world will impact other countries
ethnoscapes
refers to the continuous shift of persons around the globe, this includes tourists, immigrants, refugees and any other moving group
global village
the world considered as a single community linked by telecommunications
what has globalisation resulted in?
- increased international trade
- a company operating in more than one country
- greater dependence on the local/global economy
- recognition of companies such as McDonald’s and Starbucks in LEDCs
how is globalisation measured?
globalisation index, rankings change as countries become more developed and aware of technological changes around the world e.g. Beijing Olympics 2008
core
the most developed and highly populated region of a country. the growth of core regions is fed by flows of labour from less well-developed regions
switched-on places
nations, regions and cities that are strongly connected to other places through the production and consumption of goods and services
wilderness
an area of the planet that has remained relatively untouched by human activity and is home to only small numbers of indigenous people e.g. Borneo and Amazonia
global groupings
global groupings are where countries form organisations/’blocs’ based on either economic situation or political ideals
why might trade blocs form?
- power
- strength
- status
- protection
NAFTA
the North American free trade agreement (between America, Canada and Mexico)
NATO
North Atlantic treaty organisation
MINT
Mexico, Indonesia, Nigeria and Turkey
BRICs
Brazil, Russia, India and China
UN
permeant 5 countries (P5) Russia, USA, UK, France and China
OECD
the organisation for economic co-operation and development
what are OECDs core values?
- objective, analyses and recommendations are independent and evidence based
- open, encourage debate and a shared understanding of global issues
- bold, daring to challenge conventional wisdom starting with their own
- pioneering, identify and address emerging and long-term challenges
- ethical, credibility is built on trust, integrity and transparency
energy security
when countries rely on other countries for energy resources, USA rely on oil resources from Russia and oil prices have dropped due to OPEC
(OPEC control the price of oil so there is no fixed price)
TNC
(transnational corporation) - a company that has operations in more than one country, TNCs manufacturing is subcontracted to third parties operating in low wage countries, goods are sold very cheaply
fordism
fixed assembly line (mass production of a single product)
post-fordism
flexible production, small batch production which may result in frequent changes to designs
OECD
the organisation for economic co-operation and development
members = group of high income rich countries (MEDCs)
they promote polices that will improve the well-being of the worlds people and seek solutions to global problems
OPEC
organisation of petroleum exporting countries
members = group of major oil producing nations
acts to influence oil prices/regulate supplies
Carbon footprint per person
a measure of carbon dioxide/greenhouse gas emissions that a person is responsible for
