Globalisation Flashcards
(8 cards)
hyper globalisers belief
Believe that globalisation is creating a revolutionary shift in global power structures, which may make the nation state obsolete
hyperglobalisers view of world interconnectedness - cultural
celebrate the spread of global culture, such as how Korean pop music (K-pop) and Hollywood movies transcend borders
globalisation sceptics view of world interconnectedness - cultural
bad - leads to cultural homogenization, where local traditions are overshadowed by dominant Western or corporate cultures - example mcdonalds and kfc largest in china
hyperglobalisers view of world interconnectedness - economic
globalization drives economic growth by opening markets and facilitating trade - MNCs creating jobs - Apple, Samsung (100k jobs in Vietnam)
globalisation sceptics view of world interconnectedness - economic
wealth often concentrates in developed nations, leaving poorer countries or communities behind - exploiting labour in countries like Bangladesh, hard for these economies to shift out of primary sector
hyperglobalisers view of world interconnectedness - political
support the idea of global governance, role of IGOs - World Trade Organization (WTO) in regulating international trade, global institutions promote cooperation and stability
globalisation sceptics view of world interconnectedness - political
loss of national sovereignty, like Brexit, undermines local governance and democratic accountability.
globalisation sceptics view
Question the extent to which globalistion is new and whether it has really challenged the authority of the state