Globalization and outsourcing Flashcards

1
Q

Globalization is a complex and controversial phenomena, what kind of benign (godartade) forces can be given through globalization?

A

Opportunities: Economic prosperity (=välstånd) and generalized well-being throughout the world.

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2
Q

Globalisation is a complex and controversial phenomena, what kind of malign (skadliga) forces can be given through globalization?

A

Risks: Increasing inequality throughout the world, poverty, ecological degradation (=ekologisk nedbrytning), illicit trade (o=olaglig handel) and crime.

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3
Q

What are the main drivers of globalization? (7 bullet points exists).

A
  • Liberalisation of international trade
  • Reduction of barriers to economic transactions
    Expansion of FDI (foreign direct investment)
  • Increasing deregulation (including changes favourable to FDI)
  • Massive cross-border capital/financial flows
  • New technologies + declining transport costs
  • New companies’ strategies (joint ventures, …)
  • Deregulation and privatisation
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4
Q

Mention some of the impacts of globalization.

A
  • -> Global production systems
  • National capital has become global capital
  • “Made in the world”
    • Hich-tech industries
    • Labour intensive consumer goods (textiles, garments and footwear)
    • … informal economy increased in developing countries
    • Labour exploitation (arbetsutnyttjande)
  • Asymmetries among countries, regions, workers and social groups
    • High inequalities in working, employment and living conditions (pay, protection, skills trainining and occupational development, interest of work…)
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5
Q

What is the social impact of globalization? (correlated to the other impacts of globalization)

A
  • Asymmetries within countries: regions, workers and social groups
    • Concentration of wealth and income inequality
    • Rise in unemployment and job precariousness
    • Rise in inequalities in working, employment and living conditions (pay, protection, skills trainining and occupational development, interest of work…) The growth of a new class: the working poor
    • The increasing risk of social exclusion in rich countries
      –» rise in crime, insecurity…
  • Ecological degradation (ekologisk nedbrytning)
  • Rise in illicit activities (tax evasion, crime associated to money laundering, trafficking of people, sex and drug trades), organised terrorism
    at a global scale…
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6
Q

Lisbon forum group have identified sustainable globalization, which is defined as a process with a strong focus on what?

A

Sustainable globalization: A process of globalization with a strong SOCIAL dimension.

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7
Q

Mention some of the focus areas in sustainable globalization

A
  • A focus on people
  • A democratic and effective state
  • Sustainable development
  • Globalization with solidarity
  • Greater accountability to people
  • Deeper partnerships
  • An effective United Nations
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8
Q

“The three jobs of the future” is the name of paper 5, written by Robert Reich. Which are these three jobs of the future?

A
  • Routine production services
  • In-person services
  • Symbolic-analytic services
    (TÄNK RIS)
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