definition of globalisation
it involves widening and deepening global connections, interdependence and flows through commodities, capital, information, migrants and tourism
economic globalisation
social globalisation
political globalisation
cultural globalisation
explain the role of planes in globalisation
explain the development of containerisation
explain the effect of the shrinking world
the physical distance between places remains unchanged but new technologies reduce the time taken to transport goods/people/communicate information
explain how the internet has contributed to globalisation
explain how electronic banking has contributed to globalisation
the ease of transferring money abroad
what is ghettoisation?
when large groups of people from similar backgrounds (e.g. ethnicity, religion, race) locate next to each other
explain china’s open door policy
explain china’s open door approach to global flows
FDI from china and its TNCs is predicted to total US$1.25 trillion between 2015 and 2025 (of this, over $100 billion is for the UK)
explain china’s closed door approach to global flows
what is the global shift?
the relocating of the global economic centre of gravity to Asia from europe and North America , over the last 30 years
what encouraged the global shift?
explain the change in GDP across the world
explain the global shift
1) service and admin jobs moved mainly to India, such as Bangalore.
- close links to the Uk, speaks English
- 24 hr service, time zones
2) manufacturing jobs went to China
- cheap labour, quicker, transport links, government incentives (SEZ)
- no human rights in china, exploit people
what are the costs and benefits to the global shift in china
benefits
costs
explain china’s investment in infrastructure
China has invested heavily in its infrastructure:
• It has the world’s longest highway network
• Its rail systems links ALL provinces and cities
• Its HRS has doubled in length in 10 years linking its major cities
• Shanghai’s Maglev is the fastest commercial train (268mph) taking 8mins from the CBD to the airport
• 82 airports have been built since 2000
• China is expected to spend another $19bn USD on the Hong Kong-Zhuhai-Macau brindle, it follows and crosses the Pearl River Estuary, with two artificial islands and submarine tunnels to allow travel underneath the busy shipping route
• China spends more on economic infrastructure annually than North America and Western Europe combined
explain the reductions in poverty that china have seen
• 300 million Chinese people are now considered to be middle class (pop of the USA!)
- china has contributed to over 70% of the poverty reduced across the world, making itself a country with the most people lifted out of poverty in the world
• Over the past 40 years the number of people in China living below the international poverty line has dropped by more than 850 million
• Extreme poverty has reduced from 84% in 1980 to 10% in 2016
• China created employment opportunities for 2.59 million people in china and established more than 30,000 poverty alleviation workshops
explain the better education and training that china has encountered
explain the loss of biodiversity in china
explain the increase in urban incomes in china