Globalisation and uneven development Flashcards
how is the silk road an example of early globalisation
connected China and Europe and followed the great wall of china, trade connections over a number of centuries
give a second example of early globalisation
the age of exploration
what international organisation can be seen to impose global coloniality
IMF
what assembly demanded freedom for colonies
1960 UN assembly
how many countries gained independence as a result of the assembly
28
who has taken on the role of former colonial powers
big companies
how and why are countries still dependent on loans from the west
decision-,making functions are being taken away from orgs like the UN to institutions like WTO and IMF which are controlled by developed countries, tied to the west through debt
give the centuries for the silk roads
1st century BC-5th century AD and 13th, 14th centuries AD
give the time period for the spice roads
7th- 15th centuries
give the time period for the age of exploration
15th-18th centuries
give the time period for the first wave of globalisation
19th century-1914
what occurred during the second and third waves of globalisation
spread to other countries eg US, factories and mass production, expansion of globalisation after the fall of the iron curtain, WTO encouraged countries to freely trade, new technologies improved trade links
what is happening in globalisation 4.0
cyber world, digital economy, AI, led by China and the US, threat of climate change
name the four types of global change
- stretching
- intensification
- speeding up
- deepening impact
what is a market
means by which exchange of goods and services takes place due to sellers and buyers being in contact
what are the consequences of global markets and production
cheaper imports, issues of fair trade and working conditions, brand responsibility
give four aspects of globalisation
- trade and intersections
- capital and investment movements
- migration and movement of people
- dissemnination of knowledge
where did people migrate illegally during the 70s
Australasia, US, oil rich countries
give two examples of forced migration in history
trans-atlantic slave trade, forced migration after WWII as people fled from enemy territory
what is the issue with the dissemination of knowledge to developing countries through relatives or foreign direct investment
knowledge from the developed world may need to be adapted to the developing world or vice versa, pushback
name three perspectives on globalisation
hyperglobalist, sceptical, transformationalist
explain the hyperglobalist view on globalisation
support for open markets, free trade and investment with the aim of incorporating more people into the prosperity of a growing economy, minimalist role of the state, political interdependence creates shared interests
explain the sceptical view on globalisation
talk about globalisation is exaggerated
explain the transformationalist view of globalisation
globalisation is unprecedented and associated with crises, profound transformative force and anticipates increases in wealth disparities
