Globalisation
The process by which the world becomes more interconnected on an economic, social and political scale
Concept of globalisation
Forms of globalisation
KOF globalisation index
Measures the economic, social and political dimensions of globalisation
Most globalised nations
Worlds major economies on globalisation index
Major economies (US, China, Germany) tend to be more inward looking and less globalised
Factors that affect how globalised a country is 4
5 major areas of globalisation
Economic globalisation is made up of what
Social globalisation is made up of… (3)
Distance decay
Process by which actual geographic distance symbolic feels smaller
Largest migrant flow
Information flows
Political globalisation is made up of… (2)
Flows of capital is made up of…
Global FDI difference
What drives further capital movement?
Value of global financial flows
$5.1 trillion
Trends of capital flows 3
Flows of labour is made up of…
Number of International workers
170 million
HIC facts in comparison to the world
Factors promoting globalisation 5 (PLSCI Please Slowly Look In Cod)
Flows of information