Migration And Oceans Flashcards
Define Globalisation
Process by which the world is becoming increasingly interconnected
Define global governance
Rules used to regulate human activity at an international level
Define trading bloc
Group of countries within a geographical region that trade together and regulate imports
Define MNC
Multinational corporations, a company or organisation that operates in more than one country
Define Governance
Broad approach to guiding an organisation/nation/state
Define complete globalisation
The entire world operating as a single community
Define glocalisation
Distribution and adaptation of goods and services to meet local needs
How has globalisation changed?
- lengthened
- deepened
- sped up
How has globalisation lengthened?
Products are shipped greater distances than in the past, migrants and tourists travel larger distances from home
How has globalisation deepened?
More aspects of everyday life have become globally connected (it’s difficult NOT to be connected to other people and places through the products we consume)
How has globalisation sped up?
International migrants can travel quickly between continents using aircraft and can communicate with families at home using technology
Explain some Political reasons for change in globalisation
- decline of centralised (communist) economies (though communist political control is still strong in China and Russia)
- growth of western democracies and their influence on poorer countries
- the diffusion of government policy and development of market economies in former communist states
Explain a cultural reason for the change in globalisation
- impact of western culture through media, sport, leisure and celebrities
Explain some social reasons for the changes in globalisation
- global communications networks
- migration
- spread of ideas, information and images
Explain some economical reasons for the changes in globalisation
- faster, cheaper transport
- global marketing
- increase in free trade
- growth of transnational corporations
- long distance flows of goods, capital and services as well as information and market exchanges
- spread of ideas, information and images
Named the three theories of development
- Rostow’s Modernisation theory
- dependency theory
- world systems theory
Describe Rostow’s modernisation theory ( a theory of development)
He believed that countries economies grew in five stages, with each stage having to be achieved through the use of free trade, capitalism and democracy
Advantages:
- development of a country can be easily illustrated and presented on a graph as it’s one of five stages
Disadvantages:
- doesn’t acknowledge how developing countries really develop through the use of loans and aid
Describe the dependency theory ( a theory of development)
Views the world as having an economically developed core and underdeveloped periphery
Advantages:
- illustrates how countries can develop using exploitation of cheap resources
Disadvantages:
- the theory is far too simple to explain the development of countries in the world
Describe the world systems theory ( a theory of development)
Views the world as three tier. Allows some countries to enter the semi-periphery and then the core.
Give examples of flows of money
- London in 1986 removed large amounts of ‘red tape’ and paved the way for London to become the world’s leading global centre for financial services
- the value of the international tourist trade doubled between 2005 and 2015, it’s thought to be worth US$1 trillion annually
- in 2015, the value of world trade in food, resources and manufactured commodities exceeded US$25 trillion in value
- large amounts are transacted via stock exchanges around the world (US$5 trillion in 2013)
- MNCs based in one country invest in areas in other parts of the world
Give examples of flows of goods
- governments have decreased tariffs and regulations on international trade (free trade)
- rising industrial demand, from countries such as China and India, for materials and increasing global middle-class consumer demand for food, gas and petroleum are responsible for almost all growth in resource consumption
Give examples of flows of people
- international tourism has increased, aided by tourists from emerging economies
- the spread of sport has led to worldwide fans, investment and globally televised events e.g MLB World Series, FIFA World Cup, the Olympic Games
- international migration has increased (3.5% of the worlds population are international migrants)
Give examples of flows of technology and ideas
- global data flows have grown rapidly since the 1990s. Much recent expansion can be attributed to the growth of social Media platforms and the arrival of on-demand media services
- faster broadband and powerful handheld computers have allowed companies such as Amazon and Netflix to stream films and music on demand directly to consumers
Name reasons for gaps in wealth and inequality
- speed of development
- geographical location (landlocked not near coast for trading)
- job market (unemployment)
- trade
- government/political system (corruption)
- wars
- access to resources
- access to education